A Furlough Friday Rap Video, From Sacramento With Love

The Contrary Investing Report

Investing and Trading News, with a Contrarian, Sarcastic Twist!

“No one owes you anything” – Harry Browne I’m going to venture that none of the diligent state employees in this Furlough Friday video are big fans of the great Harry Browne. Try to choke back your tears and laughter if you’re a productive member of society. Nevertheless, we should be on the lookout for […]

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Now that gold is rangebound, how do you make money trading it? That’s easy – treat it like a wooden pony and straddle that thing. For the details on this trade, in more professional terms as well, check out Brad Zigler’s article for Hard Assets Investor: So what’s an investor to do? Well, you can […]

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“I used to think if there was reincarnation, I wanted to come back as the president or the pope or a .400 baseball hitter. But now I want to come back as the bond market. You can intimidate everybody.“ – James Carville That’s one of my favorite financial quotes of all-time, courtesy of James Carville, […]

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Checking in on Some Key Charts Major indices hit new recovery highs today, with the DOW hitting it’s highest mark in the last 18 months. Trading volume remains tepid, however – as you can see from this chart of the S&P 500, this recent rally appears to lack some conviction: Rallies have been occurring on […]

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Ever wonder what the hell takes the rating agencies so long? Today, leading credit agency Fitch downgraded Portugal’s debt amid “growing concerns about the government’s ability to service it’s borrowings.” Well – duh – increased borrowings coupled with decreasing tax revenues should raise concerns. What amazes me is that the Euro traded down today on […]

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If there was any question before that the federal deficit was completely out of control and unsustainable, the successful passing of the “free healthcare for all” plan should completely seal the deal! As you probably recall, the out-of-control debt spiral faced by our government sparked some interesting conversation at our local Casey phyle meeting about […]

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Stratfor reports that Chinese exports have not picked up as expected, or at least hope, so the Chinese bad lending/debt binge is expected to continue for at least the next year. But never fear, Chuck Schumer is on the scene, declaring the Chinese to be “mercantalists!” What could possibly go wrong?

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Another up day for equities, and investors appear to be feeling pretty good about things. According to the S&P 500 Bullish Percent Index, investors haven’t felt this upbeat about things since January: Investors have been feeling on the up and up of late. Chart courtesy of StockCharts.com Unfortunately investor bullishness is a classic contrarian indicator […]

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On Monday, I penned a piece for Casey’s Daily Dispatch that highlighted the investment and geopolitical conclusions that our local “phyle” reached during our most recent meeting. Last night our Sacramento Phyle got together at a local restaurant to banter about the usual talk you’d expect to overhear at such a place – like government […]

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Last week our local “Casey Research Phyle” got together at a local restaurant to banter about the usual talk you’d expect to overhear at such a place – like government confiscation of retirement plans, expatriation, wiring money to Central America, and our favorite shorting techniques – you know, the usual. In these turbulent economic and […]

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