Investing and Trading News, with a Contrarian, Sarcastic Twist!
Dr. Copper may get all the attention as a famed economic forecaster, but right now his poor cousin Dr. Platinum is attempting to drive its platinum dependent automobile straight off the nearest cliff! Platinum prices have been in complete freefall this spring: A spring to forget for platinum (Source: Barchart.com) A freefall which becomes especially […]
One of the many benefits of living in beautiful Sacramento, CA is the access to local produce. We receive two CSA (Community Supported Agriculture) boxes each week from nearby farms that contain beautiful fruits and vegetables that are far tastier than any you’d find in a conventional grocery store (at a competitive price to boot). […]
Don Coxe got on the horn with Eric King at King World News yesterday to share his latest macro outlook. Coxe’s blend of historical and economic acumen, expressed in a thoughtful Canadian tongue, is always a treat. He’s a gold bull, and is especially keen on mining shares as a “20-year call option” on gold […]
By Chuck Butler, EverBank The dollar is moving onward and upward this morning, as the two-day calm in the currencies was lifted overnight, and the dollar is swinging its mighty hammer once again. The euro (EUR) has slipped to its lowest level since August 2010, and we all know that when the euro is taking its […]
Famed short seller Jim Chanos’ comments about Dell are looking spot on after the PC maker reported first quarter earnings. Chanos recently predicted that PC makers like Dell would look cheap the whole way down…we’re about to find out really quick, because Dell is in free fall! The trend at Dell is even worse than […]
Dollar UP. Everything else DOWN. Sound familiar! Forget Facebook – this is the real financial story. There has not been a lot of green on many screens of late, except for one castoff – the buck. Call it what you will – the best house in a bad neighborhood, the flight to safety – fact […]
John Hussman expresses deep concern about stocks at current valuation levels in his latest (excellent) piece. Contrary to what’s reported in mainstream financial media, stocks are actually quite expensive by all historical standards he says. Present market risks involve a confluence of factors. First, valuations remain unusually rich. Though prospective returns are better than at […]
As the US dollar rallies furiously, it’s counterpart Down Under continues to get slammed. Are these currency moves getting a bit overdone? Chris Gaffney weighs in… Data Show US Economy is Improving by Chris Gaffney, EverBank Good day. The dollar continued to benefit from the troubles in Europe yesterday, adding to its weekly gains. The dollar […]
As energy expert Marin Katusa weighed in earlier in the week, it’s going to get ugly in the natural gas sector, as companies are going to be forced to write down their reserves to reflect the ugly realities of $2 natty. So which natural gas stocks should you look to sell…or even short? Marin weighs […]
If you’ve been waiting for the correction in silver to play through, these are interesting levels to consider punting at. This will be the fourth time in fourteen months that silver has tested support at $26 – and the previous three times, it’s held. Thus far, Toto would be proud – silver’s held the line […]
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