Investing and Trading News, with a Contrarian, Sarcastic Twist!
Some pundits are screaming that now is the time to buy the market – now that we’ve got “blood in the streets.” But regular contributor Sy Harding – who anticipated this decline – believes we’ve got further to go on the downside… —- Being Street Smart Sy Harding It’s Too Early to Buy August 5, […]
On Thursday night (here in the US), while Asia was melting down once again, Bloomberg Asia got Marc Faber on the horn – at God knows what time for him in Zurich – to give his take on the current market meltdown. Faber thought the markets were “extremely oversold”, expecting a potential snapback rally that […]
Why is the Norwegian krone the forgotten safe haven? Big hat tip to Dr. Evil, who sent over this idea, pointing out that while investors are flocking to gold and the Swiss franc as safe havens, the Norwegian krone is not getting much love from European currency traders: The NOK, while up against the dollar […]
Fellow fans of the Fourth Turning should check out Jim Puplava’s new interview with author Neil Howe. Howe shares his take on the unfolding “Fourth Turning” in America, which he believed started roughly in 2008. The current divide in the US is reminiscent of similar devices before other tragic eras in American history – namely […]
Here’s an awesome Marc Faber interview that includes an epic libertarian rant towards the middle of the clip. Faber is extremely cautious on China at the moment, and hence bearish on the global economy. He thinks that in the event China tanks, the world’s central banks will not be able to print enough money in […]
In his latest GMO Quarterly Newsletter, Jeremy Grantham (eloquently, as always) continued to channel his “inner Malthus” to deliver grave warnings on resource limitations that he anticipates humanity will face with increasing severity and urgency as the 21st century rolls on. You may remember that Grantham’s Q1 newsletter focused on what he called a “paradigm […]
My pal Jonathan Lederer, President of Lederer Private Wealth Management, compiled an excellent FAQ regarding the debt ceiling issue, with his take on a recommended investment approach. Jon was kind enough to allow me to republish his piece here. Debt Ceiling Q&A By Jonathan Lederer, President, Lederer Private Wealth Management With less than three days […]
First up, a lengthy Rogers interview with Frank Curzio, which is excellent, thanks to the length and depth that Curzio allows for Rogers. Here’s the link. You can hear that Jim is quite cautious right now – citing very little enthusiasm for anything, except for North Korea, agriculture, and his trusty exercise bike. This WSJ […]
The evidence is beginning to pile that this “recovery” has no clothes – BEA reports: Included in the BEA’s first (“Advance”) estimate of second quarter 2011 GDP were significant downward revisions to previously published data, some of it dating back to 2003. Astonishingly, the BEA even substantially cut their annualized GDP growth rate for the […]
Is Gold a Sure Thing? by Carl Swenlin, President and Founder, DecisionPoint.com With global politicians (and a great many of their constituents) unable to come to grips with impossible levels of debt and spending, it seems that gold is an easy and certain way to hedge against the disaster that seems unavoidable. The logic seems perfect, […]
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