Investing and Trading News, with a Contrarian, Sarcastic Twist!
We’ve been discussing market and societal cycles in great detail this year, as we try to uncover clues as to how this current mess is going to continue to unfold. History may not always repeat, but to quote Mark Twain, it certainly rhymes. Nothing like a little history reading to shed some light…earlier this year […]
From London’s The Independent comes the latest report of the dollar’s impending implosion – in an article fittingly titled The Demise of the Dollar. In the most profound financial change in recent Middle East history, Gulf Arabs are planning – along with China, Russia, Japan and France – to end dollar dealings for oil, moving […]
Cue up Kenny Rogers. Las Vegas casino executives “don’t expect to break ground on another major building project in Las Vegas for at least 10 years,” according to the Wall Street Journal. It will be interesting to see if Vegas, as we know it, is even able to survive the next decade. If credit and […]
You’ve gotta admire former hedge fund manager Jonathan Rojewski, who ditched his Wall Street job in favor of creating his own brand of tequila. So Rojewski left the financial industry after a decade of climbing the ladder from analyst to hedge fund manager — working at the likes of Goldman Sachs, Oppenheimer, and Pequot Capital. […]
This week I caught another fascinating interview on the Financial Sense Newshour – with Harry S. Dent, author of The Great Depression Ahead. OK, so what’s so insightful about a guy publishing a next Great Depression in 2009? Well when it comes from the same guy that published The Great Boom Ahead in 1992, I […]
These days, diversification is pointless. You only need one position in your portfolio – because all the markets are trading together. To illustrate this point, check out this chart of the S&P 500 vs. the Dollar Index since Spring 2008: The dollar and S&P – mirror images of one another (click to enlarge). (Source: Google […]
The New York Mets announced today that they will be cutting season ticket prices by at least 10%, according to ESPN.com. “The Mets are sensitive to the economic realities facing our fans and we have lowered our ticket prices in response to these challenging conditions,” Mets executive vice president Dave Howard said. “This move underscores […]
Let’s join monetary expert Terry Coxon for a (comically?) detailed look at the Fed’s current balance sheet. I’ll give you a hint: yikes! I’d rank Coxon as one of the foremost experts on monetary policy and its effects on the economy. You may recall his name from a classic book he co-authored with the great […]
Here’s a good one with Marc Faber and Jim Puplava on the Financial Sense Newshour: http://www.netcastdaily.com/broadcast/fsn2009-0919-3b.mp3 The topic is – surprise, surprise – inflation/deflation. Faber used to be a deflationist – his book Tomorrow’s Gold is written in that perspective – and at some point, he found Fed Religion. I think Faber is fantastic, and […]
Looking to buy gold and silver via and ETF or other fund? Here’s a solid comprehensive list put together by our friend Matt Badiali. He’s even got a couple of platinum and combined precious metal options on there. If you decide to purchase an ETF, I’d recommend that you view it as more of a […]
Recent Comments