Investing and Trading News, with a Contrarian, Sarcastic Twist!
I think we’re at a key inflection point in the financial markets at this juncture. The direction that things head next could decide the winner, at least for the next few years, of the inflation vs. deflation battle. So I spent the morning revisiting and rereading many of my favorite arguments from both sides of […]
Growing earnings lead to increasing stock prices. Of course. Or do they? The folks over at Elliott Wave International say this is an old wives tale – and I have to admit, they make a compelling, interesting case. Read on, for an eye opening challenge of this basic assumption! *** Earnings: Is That REALLY What’s […]
Crude oil has broken through the $80 mark once again – trading as high as $82 – before settling back in after hours trading due to “concerns about the US economic recovery.” Not even joking about that one. Crude’s on the loose! (Source: Barchart.com) Meanwhile the Chinese equity markets – the poster child of the […]
Move along everyone, no depression to see here – so says Christina Romer, the White House’s chief economic adviser. Yes, the same adviser that recommended massive debasement of the US dollar to get us out of this mess. Christina Romer, chair of the Council of Economic Advisers, said Tuesday evening the main difference between last […]
Funny stuff as always from The Onion: Stalker Financial Expert Offers Recession Tips Just For Woman He Follows
Green, green, green. We need to be green this, and green that. With the government this focused on green energy, I’m becoming more and more convinced that this whole green energy thing is turning into a giant circus. When was the last time the government was ahead of any trend, after all? Although government may […]
Our friends at Hard Assets Investor just conducted an interview with our commodities hero, Jim Rogers. Some quick hits from the interview: He’s still long sugar – but wouldn’t buy more right now Rogers is still bullish on oil over the next decade He continues to like China Not short Treasuries yet, but hopes to […]
On Friday I was having a discussion with my friend about inflation, speculating about what may happen to stock prices if inflation were to take hold. Both of us are big fans of Marc Faber, so we were discussing the scenario that Faber has been predicting – that if cash is about to become trash […]
Is the Chinese stock market. Gold is hitting record highs, oil is breaking through to yearly highs, the DOW and S&P are hitting recent highs – but the Shanghai Composite languishes… China: Taking a breather, or rolling over? Source: Yahoo Finance Do Chinese investors know something we don’t? You may recall that Chinese markets turned […]
This gold bull market is starting to get a little overheated… The Telegraph reports that famed UK luxury department store Harrods, starting today, will be able to purchase the “ultimate luxury accessory” – gold bars. Chris Hall, head of Harrods Gold Bullion, said: “The financial environment has kindled a new demand for physical gold among […]
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