Investing and Trading News, with a Contrarian, Sarcastic Twist!
A BIG hat tip to our astute friend and correspondent Dr. Evil for passing along this gem from Howard Buffett, written in 1948, about the dangers of fiat money, and the connection between human freedom and a gold redeemable currency: Is there a connection between Human Freedom and A Gold Redeemable Money? At first glance it […]
Everyone hates the US Dollar – again. The Fed is openly signaling to the markets that it is not going to stand by the buck. The current headline article at Bloomberg.com pertains to New York Fed president William Dudley’s statements that inflation is too low, and unemployment is too high, for the Fed to stand […]
Happy Groundhog Day! And don’t try telling me otherwise – at least as far as the markets are concerned. Everyday the S&P 500 creeps higher – as does gold, silver, and what the hell, even the Euro! Is Punxsutawney Phil nearby? Let’s start with the S&P, which has bounced several times off the 1040 mark, […]
Here’s a very interesting interview TechCrunch conducted with Peter Thiel – who co-founded PayPal, and currently runs Clarium Capital. I’m a big fan of Thiel’s – he’s a unique thinker, he’s got a strong libertarian streak, and he’s often good for a very offensive, controversial stance. In this interview Thiel shares his investment methodology, his […]
As I sit here typing comfortably from my Steelcase chair in Sacramento, CA, it may be a little presumptive for me to weigh in my $0.02 in the Chinese bull/bear debate. Some convincing China (short term) bears – like Marc Faber and Hugh Hendry – believe things are not going to end well in China. […]
The guys at King World News conducted an excellent interview with Hugh Hendry, an A-List favorite of ours. If you’re not yet familiar with Hugh, you should be – you can listen to the interview here. I’ll admit I have a full-on “man crush” on our boy Hugh – he’s incredibly smart, eloquent, and insightful […]
Another nice job by our buddy David Galland in this guest piece, as he takes a look at the relationship between huge (unpayable?) debt levels and interest rates, gold, and inflation. Of the many good points that David makes, the one that really got me thinking is the behavior of gold in a low interest […]
A headline that looks like it’s been in the queue for about two years just popped out of the oven over the weekend: Credit Unions Bailed Out Two years after the peak of the financial crisis, the federal government swooped in to stabilize a crucial part of the credit-union sector battered by losses on subprime […]
I say hilarious because the fine folks at Across the Street did a great job showing the increasing disparity between debt and income in the US: Source: Across the Street And here’s the full article: Understanding the National Debt (Sesame Street Edition) Hat tip Carson for sending this along.
Saw this cool new software product covered by TechCrunch over the weekend that scours the web to gauge media sentiment on a given stock. Very neat idea – as contrarians we’re always trying to be long when pessimism is high, and short when optimism is peaking. The Stock Sonar looks very intriguing as a potential […]
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