Investing and Trading News, with a Contrarian, Sarcastic Twist!
John Adams on the limited shelf life of democracies. Maybe our country’s Founding Fathers knew a thing or two after all? AUTHOR: John Adams (1735–1826) QUOTATION: Remember, democracy never lasts long. It soon wastes, exhausts, and murders itself. There never was a democracy yet that did not commit suicide. ATTRIBUTION: JOHN ADAMS, letter to John […]
A hysterical and insightful turkey analogy in today’s Daily Reckoning: “Until today or tomorrow, the typical turkey enjoyed a fairly decent life,” commented our friend Nassim Taleb, in Zurich yesterday. “You can understand how fraudulent most economic analysis is,” Nassim explained, “just by looking the life of the turkey. The animal is fed for 1000 […]
Lost Principles By Olivier Garret CEO, Casey Research As the economic crisis continues to unfold, recently a sense of uncertainty has begun to pervade the market. Even dyed-in-the-wool risk takers admit that they don’t know what to think anymore. Inflation, deflation, recession or depression – there are so many vagaries that it appears to be […]
Jim Rogers continues his streak of interviews with the financial media, telling Bloomberg that US policy makers will devalue the US dollar. He says he buying commodities, especially agriculture, and the Japanese Yen.
Chris Mayer writes in Agora Financial’s Rude Awakening that the global food supply problem is more acute than ever before, as a result of the current financial crisis. This is something we’ve been discussing here of late. Farmers cannot get basic loans for fertilizer. Forget about new capital investments. And this all happening with world […]
Tom Dyson, who also believes in the short case for long-dated US treasuries, writes in today’s DailyWealth that it may be some time before treasuries actually start to fall. But he closes the article by mentioning that the danger is much greater on the long side of this trade – and mentions a great recent […]
I’d say the trend of the US government printing money as fast as it can is still firmly in place. Can you spot the trend? And for kicks, you can compare it with last month’s hockey stick.
If you’re trading or investing in gold, I’d recommend checking out this free video piece from INO.com: Is gold the last store of value? The video was shot Friday afternoon, and some of the predictions have already come to fruition – namely that gold would quickly retrace 50-62% of it’s previous move (which Dennis Gartman […]
Are there any grains worth buying at these prices? Have you seen any article, commentary that may be of help? This question was posed by our buddy and regular reader/contributor Moyo, who runs the fine commodity focused site FuturesCafe. I think that sugar, cotton, and coffee are the most attractive agriculture plays at this point. […]
Here’s a recent interview of Jim Rogers on FT.com (Financial Times) on November 17, 2008. It’s a four-part interview, with a total running time of about 16-17 minutes. Below are my notes from the interview. Part 1 – Global recession will be long and deep. He has not yet exited his US dollar positions, as […]
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