Investing and Trading News, with a Contrarian, Sarcastic Twist!
If you’re stocking up on precious metal bullion in preparation for Financial Armageddon, at least you’re not alone! Casey Research’s Jeff Clark reports that silver sales are exploring, and he also explores why that may be… *** Why Are Silver Sales Soaring? Jeff Clark, Senior Editor, Casey’s Gold & Resource Report The U.S. Mint just […]
Here’s the latest Jim Rogers interview on Bloomberg: http://www.youtube.com/watch?v=c-vd1-Ec2FY A short bit with another clueless interview, so there’s not too much new: Still likes commodities for another 5-10 years (based on the secular bull market beginning in 1999) Thinks gold will top $2,000 by the end of the decade, thanks to money printing Jim notoriously […]
Late last week, our good friend and fellow deflationist Carson sent over a link from Mish Shedlock’s blog, reporting a sharp annualized decrease in consumer and revolving credit. I just plotted the Fed’s historical data since 1978 (which I chose because there was a single quarter anomaly in 1977 that I didn’t feel like dealing […]
No Fear, Again: Market Participants Are Opting For Extra Yield, Risk Be Damned Last week, a buddy from college sends me an email: “Hey, I got a little bit of cash sitting around, earning next to nothing in a savings account. Anything you’d recommend to get this cash working for me?” “Not really – everything […]
About a month ago, Marc Faber told Bloomberg that we could easily see a correction of 20% if the S&P topped 1150 and approached 1200. Well, it seems like we’re just about there, so we’ll see how Faber’s near term musings fare in the weeks ahead. You can check out a video of Faber’s Bloomberg […]
Of course we’re talking about… …all at once now… Muni bonds! Yay! Of course, municipalities far and wide have no way to pay back their increasing deficits amidst falling tax revenues. Of course you knew this already, being an astute reader and no doubt a contrarian thinker. But the mainstream press is even starting to […]
Last week, a buddy from college sends me an email: “Hey, I got a little bit of cash sitting around, earning next to nothing in a savings account. Anything you’d recommend to get this cash working for me?” “Not really – everything looks pricey right now…hey, does that mean you paid off your law school […]
Volatility on the S&P is nowhere to be seen these days – perhaps the market crash was merely a figment of our imaginations! The VIX is low, and it continues to head lower. (Source: Yahoo Finance) As you can see from our experience in 2008, when the VIX breaks out, it breaks out in a […]
In the latest Casey Report, Doug Casey has a great rant about the pointless US Census – we’ll see if we can republish it here at some point. Towards the end, Doug shared a link to a Christopher Walken SNL skit that is absolutely hysterical. If you, like me, are disgusted at the entire process […]
Regular readers know that while we are more sympathetic to the deflation argument, at least in the near term, we keep our ears open to the inflation camp as well. And that’s not hard to do, as some inflation believers become quite hostile at the mere muttering of deflation! For my money, the guy with […]
Recent Comments