Investing and Trading News, with a Contrarian, Sarcastic Twist!
The Saudis would prefer to see triple-digit oil here to stay, The Financial Times reports: Ali Naimi, the powerful Saudi oil minister, said the world’s largest oil producer aimed to “stabilize” oil prices slightly below the current level of $111 a barrel. “Our wish and hope is we can stabilise this oil price and keep it […]
Maybe…in another decade or so, says technical guru Carl Swenlin. Either that, or you may be able to make a fine go of it playing the range. Carl explains… Housing Recovery? by Carl Swenlin The market rally on Wednesday was driven in part by a surge in housing stocks, which was triggered by a favorable […]
Is Europe’s Atlas beginning to shrug at the weight of the continent’s collective sovereign debt? Courtesy of John Mauldin’s Weekly Letter: Speaking of downgrades, Egan Jones downgraded Germany from AA to AA- and put the country on negative watch. This is important, as this is what I believe to be the most credible rating agency; […]
Fans of Gerald Celente MUST listen to this Ann Barnhardt interview on the Financial Sense Newshour. She makes Celente look like a schoolboy with her rants, as she calls for a heaping order of justice that includes the execution – yes, execution – of Jon Corzine. Barnhardt is a seasoned veteran of the futures market […]
Acclaimed hedge fund Bridgewater Associates is a little down on the Western world these days, describing the US and Europe as “zombies” that will remain as such until they work through their current massive pile of debt: “What you have is a picture of broken economic systems that are operating on life support,” Mr. Prince […]
The fascinating story of Marion Szablicki, as reported in Marc Faber’s Gloom, Boom and Doom Report *** My economics education was started as a child by my grandfather, Marion Szablicki, who was a living testimonial to the value of gold. Notably, toward the end of his life at 99 years of age in 2010, he felt […]
Who says you can’t have fun with fascism? Hat tip to Addison Wiggin at The Daily Reckoning!
If you haven’t yet listened to Bill King, I’d highly recommend his recent interview with David McAlvany and Kevin Orrick on their McAlvany Weekly Commentary. King shares his take on the global economic mess, and what he think it will take for the world to hit the coveted Reset button. The Tea Party keeps saying, […]
Great op-ed in the Wall Street Journal today by our friend and favorite guest Andy Kessler, explaining why the “have nots” should stop pointing fingers at the rich. Why? Because to get rich today, you need to create value for a mass market – and the rising tide inherently lifts all boats. In other words, […]
If you were hoping Santa would bring a thorough analysis of the worldwide debt crisis, along with a thoughtful economic and investment outlook for 2012, have we got an early Christmas present for you! Our friend and regular contributor, financial analyst Glenn Cohen, has been kind enough to share his confidential December 2011 Cohen Plan […]
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