Investing and Trading News, with a Contrarian, Sarcastic Twist!
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 […]
Top posts from the past week: Japan Calls for Treasury Bonds Denominated in Yen Jim Rogers: Bonds will be a terrible investment for next 10, 20 years Three News Highlights for Gold Investors A review of my futures trades from the previous week: No trades last week! The semi-vacation from the markets continues. And why […]
David Galland of Casey Research details three news items of interest for gold investors in today’s DailyWealth. Nice to see gold rocking and rolling yesterday. I checked on several of my gold stocks, and many were up 30% (!) on the day! A few more days like this, and my marriage might be safe! My […]
From the Asia Times Online: Japanese economists, increasingly concerned that the United States might seek to pay its enormous and growing debt obligations in a weakened US dollar, are looking to the possibility of US Treasuries being issued in yen. “There is no wonder the dollar will weaken,” said Eisuke Sakakibara, Japan’s former top currency […]
“If Americans ever allow banks to control the issue of their currency, first by inflation and then by deflation, the banks will deprive the people of all property until their children will wake up homeless.” – Thomas Jefferson
This is some combination of cool and hysterical – the 2009 Commodity Trader Wall Calendar. Maybe 40% cool, 60% hysterical? CALENDAR FEATURES Expiration Dates for Futures & Options Contracts Internet Commodities Resource Guidebook Government Report Dates & Holidays Long Term Historical Price Charts Secrets from the Pit Conversion Tables Market Hours Chart Margin Sheet I […]
I joked last week that cotton futures were heading towards zero – apparently oil took exception to my joke, and has accelerated it’s speed towards the basement. Can you spot the trend in the oil chart? Many folks, myself included, thought we’d never see sub-$50 oil again. The speed of this decline has been absolutely […]
PBS video highlighting the outlook of Nassim Taleb, who famously predicted the “black swan” event that we are now experiencing. I would highly recommend checking out Taleb’s book Fooled by Randomness – it’s a very insightful, interesting read about the weakness of financial “certainties” – and was written before the financial world melted down. Warning: […]
From Bloomberg: Legendary investor Jim Rogers says bonds will be a “terrible” investment as economic problems may persist until 2010. “Stocks in the West are still expensive on any historic valuation method,” while “bonds are going to be a terrible place to be for the next 10, 20 years,” Rogers, chairman of Singapore-based Rogers Holdings, […]
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