Investing and Trading News, with a Contrarian, Sarcastic Twist!
Economic naysayers, eat this – can you spot the mega-trend in food stamps? Click to enlarge. You might want to sit down first. Source: USDA.gov Here’s the key constituency for the 2012 election…more bread for the food stamp recipients! 45 million total recipients today – holy cow. Maybe if there’s one surprise, it’s that our […]
Is the air starting to leak out of the latest technology bubble? Venture capital firms are taking it in the chin, finding it much harder to raise money when Crazy Bernanke is not running the printing presses as fast as he can. The LA Times reports (Hat tip Carson for sending this along): Firms raised […]
Here’s a great Felix Zulauf interview – the most in-depth I’ve heard in months – courtesy of GoldMoney’s James Turk. Zulauf remains bullish on gold, bearish on the future of the Eurozone, and generally cautious about the global economy. And here’s some more recent coverage of Felix Zulauf. Hat tip JL for the heads up […]
By Carl Swenlin The National Association of Active Investment Managers (www.naaim.org) takes a weekly poll of its members that results in a pretty good sentiment poll. Approximately 40 NAAIM member firms who are active money managers are asked each week to provide a number which represents their overall equity exposure at the market close on Wednesday. […]
By Sy Harding Consumers, businesses, and stock markets hate uncertainty, and they sure have been subjected to more of it than they can handle so far this year. As a result, consumer and business confidence is at very low readings, and stock markets around the world are in serious corrections, many down more than the […]
A big congratulations to my good friend Aaron Klein, a serial entrepreneur here in the Sacramento area, who launched his new startup, Riskalyze, this week. Riskalyze is a free investing tool that uses questions and math to help you determine what your risk profile is as an investor. Then, it helps you create a portfolio […]
What happens when the lender of last resort has had enough? Finance Minister Wolfgang Schaeuble was quoted on Saturday ruling out a higher German contribution to the euro zone’s rescue fund beyond the 211 billion euros approved by parliament last week. In an interview with the Super-Illu newspaper published on Saturday, Schaeuble said Germany would […]
By Carl Swenlin QUESTION: Carl, I have read a lot of articles recently indicating gold miner stocks should go up and outpace gold. So far nothing but a drop in goldminers. Would it be possible for you to show charts of GDX and GDXJ with your comments on one of your daily posts? Thank you […]
Hats off to Jon Stewart, the only “mainstream” media member who consistently gives Ron Paul the time of day. And he poses reasonable questions and challenges to Paul to boot. Paul may not win…in fact I’m pretty sure the country as a whole is too dumb to elect him. We’ve alternated between fascists and socialists […]
The McAlvany Weekly Commentary has fast become one of my favorite financial podcasts (right alongside Financial Sense) – last week’s episode was another good one. The boys interviewed Hunter Lewis, author of Where Keynes Went Wrong, to discuss the man, the myth, and most importantly – his legacy of justifying central economic planning in the […]
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