Investing and Trading News, with a Contrarian, Sarcastic Twist!
Natural gas prices have hit their lowest levels since 2002, because, well, there’s just an awfully lot of it available right now. The Wall Street Journal reports that years of higher natural gas prices this decade has spurred more drilling and innovation, resulting in a production rise of 11% over the past two years in […]
Legendary investor Jim Rogers was interviewed by Chris Waltzek of GoldSeek Radio a few days ago. Here’s a link to the audio interview, and it’s also available on iTunes. Jim begins on hour #2. My notes from items that caught my ear: The producers of “real goods” are going to rule the world for the next […]
So the banks are saying they are all well capitalized, healthy, and raring to go for a new bull market. And if you believe that, we’ve got some great swampland in Florida to sell you. Casey Research’s Olivier Garret reads between the lines, and the story reads about as you’d expect – more BS coming […]
Donald Tusk, Prime Minister of the historical bastion of economic and personal freedom in Europe – Poland – told Gordon Brown that he can’t spend his way out of the UK’s economic downturn. “All I can say is that the Polish government, at a time of financial crisis, behaved with full responsibility in terms of […]
Great essay by Doug Casey, as he muses on the debacle that is Government Motors. Here’s the start of his piece, and the rest can be found on DailyWealth.com, which republished the piece over the weekend. An Inside Look at One of the Biggest Scams in AmericaBy Doug CaseyI don’t feel I’ve said enough about […]
Ayn Rand, were she with us today, likely would not be a fan of the increasing creep of socialism through society at large. Though maybe she wouldn’t completely mind, as her book sales have taken off through the roof, and that must have Rand, a capitalist’s capitalist, smiling from ear to ear. CNN reports […]
Our favorite investor, Jim Rogers, was recently interviewed by BusinessWeek magazine – he’s been in the media quite a bit recently, plugging his new book A Gift to My Children: A Father’s Lessons for Life and Investing, which is scheduled to be released this Tuesday, April 28. Here are a few of my favorite excerpts below […]
William Hester from Hussman Funds put together an excellent analysis about how surprises in key economic data can drive the stock market – both up and down. As you might think, the stock market goes up when economic data comes in better – or in the current case, less bad – than expected. And vice […]
On Friday, China admitted to something it’s long been suspected of – secretly stockpiling gold. Of the countries that disclose their gold holdings, China is now ranked fifth in the world, ahead of the Swiss, the former beacon of a solid currency. Since 2003, China has increased it’s gold holdings by 75%. Over the same […]
Sugar Futures Surge to a 6-Month High Sugar futures rallied nearly 4% on Friday, over half a cent, to close the week at 14.18. Looks like we’ve got a new breakout to the upside! Sugar futures continue their steady climb. (Source: Barchart.com) The market continued to focus on the news that India may turn into […]
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