Investing and Trading News, with a Contrarian, Sarcastic Twist!
The folks at Reason TV recently put together an excellent 8-minute video about agricultural subsidies in America, from their roots in the Great Depression, to their effects today on commodity prices and economies around the world. As a commodities trader and/or investor, it’s extremely important for you to be familiar with these subsidies. I should […]
Legendary trader Dennis Gartman shares his latest thoughts on the Chinese economy, as he commends the Chinese government for getting out of the way of the private sector, cutting taxes, and letting entrepreneurs do their thing. Contrast this with Washington’s socialist policies, and you may start to look longingly across the Pacific. How ironic – […]
The race is on to acquire gold bullion while the governments of the world unite to print money as fast as they can. But unfortunately all bullion is not created equal. You need to take the necessary steps to protect yourself from being duped with counterfeit gold – so please check out this informative piece, […]
Gordon Brown appears to now have fulfilled his destiny as one of the worst leaders in the UK’s illustrious history, as he tossed the final nail in the coffin of a wheezing economy, courtesy of a budget that would make one of Ayn Rand’s villains blush. Brown, like most politicians, appears to have read few […]
It appears so – as you can see from the chart here, oil supply is projected to shrink by a significant amount each quarter of 2009: This chart is courtesy of Frank Holmes, who writes on his blog: It’s also important to point out that it is much cheaper and easier to cut supply than […]
On Saturday, agricultural ministers from the world’s (roughly) eight most industrialized nations, met in Italy to discuss the looming threat of food shortages and a global food crisis. America’s agricultural secretary warned that unless many countries take substantative steps to increase food production, there will be increasing shortages and social unrest around the world. For […]
May Natural Gas futures currently sit a shade above $3.50 – their lowest point since 2002! Check out this chart…can you spot the trend? Source: BarChart.com Jeff Clark writes that $3.50 is widely regarded as the “shut in” price for natural gas – the price where drillers are better off closing the well than continuing […]
How bad can the current financial crisis get, and how long will it last? Casey Research’s Chief Economist, Bud Conrad, tackles this question, crunching the numbers produced by two leading economists who took a broad sampling of banking crises. The information is presented in an insightful and informative way as only Bud can. I hope […]
Seems like the same old theme – when the stock market gets slammed, so does crude oil. Crude oil closed the day below $49/barrel. (Chart source: BarChart.com) When crude is up on days like today, that’s when we’ll take a hard look at going long crude. The only bright spots today? Gold, Silver, US […]
Famous investor Donald Coxe took a real bath in 2008 (along with the rest of us commodity bulls) – he was heavily overweighted in commodities, and, though bearish on the overall economy, he still believed commodities were the place to be. Hmmmmm, sounds a little familiar. Despite the huge setbacks last year, Coxe still believes […]
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