Investing and Trading News, with a Contrarian, Sarcastic Twist!
by Carl Swenlin In the last month or so gold has formed a double top that could be the start of a much needed correction for the metal. Specifically the chart below shows an Adam & Eve double top. The first top is sharp and spiky, and the second is more rounded, depicting a labored […]
We’ve talked a ton about uranium this year – I think we’ve talked it right down to the cellar! Here’s a link to our uranium archives if you’d like to catch up on our bullish uranium thesis. While the timing of the articles was bad, resource expert Byron King agrees that the core story remains […]
Sarkozy and Merkel Calm the Currency Markets by Chris Gaffney It was a pretty busy day in the currency markets yesterday, so there is thankfully plenty to write about, this morning. The dollar has continued its slow retreat from Monday’s spike when the dollar index traded at the highest level since February 22. The big […]
Here’s an A+ rant from analyst and market observer Chris Whalen, who won a lot of respect from me in this bit when he referred to FDR as a fascist. He’s also got a great line (and point) at the end about the forgotten capitalist legacy of our country’s founders (made me wonder if Ron […]
Here’s an insightful and (as usual) entertaining Jim Rogers interview, where he shares hit take on the US dollar (he still likes it short term and hates it long term), as well as QE3 (he thinks it’s already begun, and that Bernanke is lying to us). If the video embed doesn’t work for you, here’s […]
Our good friend and one of our favorites to follow, Brian Hunt, has been following what he calls Europe’s “most disturbing chart” since December 2010. Here’s an update from Brian – written in his usual wry, sarcastic style that I love… Europe’s “most disturbing chart” is getting worse by the day. In December 2010, we […]
One of my favorite “conspiracy theories” of late is one that the Fed has already quietly started QE3, and just hasn’t told anyone publicly. One school of thought is that this is why gold is going ballistic right now – you can fool the public, but you can’t fool the markets! Bud Conrad, Casey Research’s […]
For how much longer will Germany continue to bailout its indebted European neighbors? The “bailout ruling” by Germany’s top court is actually far more stringent than the story headlines suggest. Big hat tip here to our European correspondent Dr. Evil – who sent this along, and quite honestly, basically wrote the whole story! Headline: German […]
Here’s a nice find by guest author Eric Fry – and I have to give yet another hat tip to our European correspondent Dr. Evil, who predicted this a few months ago by saying the bailouts that would be needed by Spain and Italy would further weaken the French balance sheet – and ironically drive […]
Provided courtesy of our boy and frequent guest, Andy Kessler – he actually refers to it as a scorecard, but we know what Andy really means 🙂 Below is a handy-dandy guide for President Obama’s September 8 Jobs Speech so you can score at home. Put a check mark next to announced programs – win […]
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