Investing and Trading News, with a Contrarian, Sarcastic Twist!
On our trip to Asia last month, my wife and I made a last-minute call to make Hong Kong our first stop. I have a good friend from college who now works there. He took an investment banking job in HK, and then moved to Singapore, The Phillipines, and just moved back to HK to […]
This morning, while walking my weimaraner Banjo around midtown Sacramento, I cranked up my Android and caught a great interview with Felix Zulauf by Jim Puplava for his Financial Sense Newshour. Felix shared his thoughts with Jim on inflation risks, world central bankers, the precious metals, a buying opportunity in uranium, and China. You can […]
We should always be careful when everyone is on one-side of a given trade…just ask anyone who went into last week long silver! Regular columnist Sy Harding returns this week, cautioning against the current prevalent belief that all stock dips are to be bought. Here, he shares his thoughts about the disappointing economic numbers, along with […]
Courtesy of our good friend (and now intrepid roving reporter) Jonathan Lederer, here’s an exclusive scoop on Gary Shilling’s commentary from last week’s Altegris/John Mauldin Hedge Fund Conference in La Jolla. 1) Deleveraging has barely begun and will last for many more years due to the huge growth in credit since the 50s 2) He still […]
Despite repeated rhetoric from Beijing that the renminbi’s rise would be slow and orderly, this snowball appears to be gaining real momentum, as evidenced its past month’s performance versus the buck. Beijing is now admitting that curbing inflation is their top priority: China’s yuan traded near a 17-year high after the central bank reiterated its […]
Beijing remains concerned about corn supplies, especially in the medium to long-term, the South China Morning Post reports, as China is becoming a big-time importer of corn: “China’s net import of corn could exceed 20 million tonnes in three years,” said Liu Xiaobo, a Shanghai-based food analyst from Everbright Securities. “Most of the corn imports […]
I’m thrilled to report that while in Singapore last week, I had the great honor of interviewing Jim Rogers in person. He was extremely kind in hosting me and entertaining my questions, and I’m excited to be able to share our fun 45-minute chat with you here. As you may know, I’m a longtime reader […]
Though I am pumped and expect the things I report back to make up for the lack of quantity! I’m off to Asia – Hong Kong, Taiwan, Singapore, and Thailand. Will be back in late April. If you have any recs on things to do in these countries, I’d appreciate a heads up! And you […]
Regular readers know that I’m not exactly a huge fan of Microsoft’s software porfolio circa 2011 and beyond. (For my full scathing analysis, click here). But it is looking like many investors now agree with my pessimistic take – in fact, by looking at the MSFT chart, there may be nobody left to sell – at least […]
Admitting the problem is the first step – and it appears Portugal is close to starting this 12-step program. The Financial Times reports: Portugal is in the midst of a political crisis following the resignation of the prime minister José Sócrates yesterday (24 March) following his parliament’s rejection of fresh spending and deficit cuts. Mr Sócrates […]
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