Investing and Trading News, with a Contrarian, Sarcastic Twist!
Here’s a short clip of Bud Conrad, Casey Research’s Chief Economist, on CNBC last Thursday. Bud has been pounding the table for investors to buy gold (since much lower prices) and short long bonds for some time. The buy gold trade has been a good one thus far, and Bud now believes that betting on […]
If you’re bearish like me, you may have found yourself wondering earlier in the week: How the hell did Intel report results that good? Intel is not a company that juices quarterly results (cough, GE, cough) – so the odds are they really did sell as many chips as advertised. But how? Is the green […]
It seems like these days, EVERYONE is looking a natural gas prices, wondering “how could they be so low?” As recently as a few years ago, “The Natty” was selling for over $16 – how could it now be languishing just above 3? It’s often said in the commodity world that the best cure for […]
One of the commonly asked questions on our recent reader survey (appreciate you checking it out here if you haven’t already) was: How can I invest in sugar, and other agricultural commodites, without having to trade futures themselves? Opening a futures account IS a big pain – and learning also takes time – so many […]
Nice job by our friends over at Hard Assets Investor with a great interview of Marc Chandler, who is head of currency strategy at Brown Brothers Harriman. About 8-minutes in running time, and I’d say definitely worth a watch. Chandler has some interesting (dare I say – contrarian?) views on: Trade deficits – they don’t […]
Here’s a funny, and disturbing, piece put together recently by ABC News, where they profile an airport funded by good old fashioned pork barrel dollars. There’s a commercial at the beginning – it’s well worth the 30-second wait. Be sure to forward this to any friends of yours who believe another stimulus plan is a […]
Out of the entire commodity sector, gold has the greatest tendency to disconnect from its underlying supply and demand fundamentals. Still, though, the fundamentals act as a rubber band on its price – when supply overtakes demand, prices will eventually fall. And of course, the opposite is also true. Thus, gold bulls are keeping an […]
We know that, right now, we are most likely in a period of “debt deflation.” Wages are falling. Prices also appear to be falling – though this is open for debate, as there are smart people who believe prices are steady or even rising. For example, Marc Faber recently said he’s surprised that prices are […]
Breakfast was easy this morning, as I continue to wipe plenty of egg off my face from my recent deflationary call on the markets. I moved my wife’s 401K stash from gold stocks into pure cash, as I thought gold was looking toppy and not acting well. Since that time, gold fell a bit, and […]
Here’s a fantastic Marc Faber interview by Newsmax (hat tip to The Daily Crux for linking to this piece). Some quick notes on Faber’s insights: Doesn’t see any way out of inflation in the US…even if deflation hits, the Fed will monetize more and more debt Though thinks we could have temporary bouts of deflation […]
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