Investing and Trading News, with a Contrarian, Sarcastic Twist!
Jeff Clark writes for Growth Stock Wire about his favorite energy trading indicators, and thinks that coal will be the next big trade in energy. The (coal) index itself is consolidating, and it’ll take a move above 200 to spark a bullish uptrend. Several of the individual stocks that make up the index broke out […]
Are the dollar’s days numbered as the world’s reserve currency? Not if Congresswoman Michele Bachmann has her way. Earlier this week, Rep. Bachmann swung to the defense of the US Dollar, on the heels of China asking for a new world reserve currency. From Rep. Bachmann’s website: In response to suggestions by China, Russia, and […]
Daniel Hannan, Conservative MEP for the South East of England, lays the smack down on Prime Minister Gordon Brown in his speech before the European Parliament. Highly recommended – and wouldn’t we love to see someone other than Ron Paul stand up and give a speech like this in our spineless Congress. Enjoy!
In an “open letter” on the official website of The People’s Bank of China – which I didn’t know existed until today – Chinese central banker Zhou Xiaochuan called for a new world reserve currency. The outbreak of the current crisis and its spillover in the world have confronted us with a long-existing but still unanswered […]
Looking for a contrarian indicator you can take to the bank? Look no further than our faithful Fed Chairman Ben Bernanke. In this guest piece, the folks at Casey Research revisit Big Ben’s Greatest Hits, while casting an eye towards investment opportunities that arise from taking the opposite of Ben’s words at face value. When […]
This chart overlays our current bull market in commodities with the previous one. If history is any indication, we could have a ways to go here. Courtesy: Agora Financial
Tom Dyson reports that Natural Gas is now below its cost of production – after having fallen all the way down to $3.50 at a recent low point (sitting currently at $4.31). Dyson urges readers to “get long” now: I expect the rise in gas prices is imminent. Gas prices track oil prices. Oil has […]
Here’s an informative, in-depth interview with Jim Rogers recorded in the last month – running time ~28 minutes. Rogers reiterates his disgust with the recent government economic interventions, especially in London and Washington DC. He believes we are making the same mistakes that were made in the 1930s, which led to the Great Depression, and in […]
Bernanke Fires Up the Printing Presses Earlier this week, Ben Bernanke announced the US Federal Reserve will buy up to $300 billion of US long-term Treasury securities over the next 3 months. Where will the Fed get that money? It will essentially create it out of thin air – also known as “printing money.” Surprisingly, […]
Yesterday, the US Federal Reserve announced it will buy up to $300 billion of US long-term Treasury securities over the next 3 months. Where will the Fed get that money? It will essentially create it out of thin air – also known as “printing money.” Shockingly the markets did not like this announcement from the […]
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