Investing and Trading News, with a Contrarian, Sarcastic Twist!
Nice job by our friends over at Hard Assets Investor with a great interview of Marc Chandler, who is head of currency strategy at Brown Brothers Harriman. About 8-minutes in running time, and I’d say definitely worth a watch. Chandler has some interesting (dare I say – contrarian?) views on: Trade deficits – they don’t […]
Here’s a funny, and disturbing, piece put together recently by ABC News, where they profile an airport funded by good old fashioned pork barrel dollars. There’s a commercial at the beginning – it’s well worth the 30-second wait. Be sure to forward this to any friends of yours who believe another stimulus plan is a […]
Out of the entire commodity sector, gold has the greatest tendency to disconnect from its underlying supply and demand fundamentals. Still, though, the fundamentals act as a rubber band on its price – when supply overtakes demand, prices will eventually fall. And of course, the opposite is also true. Thus, gold bulls are keeping an […]
We know that, right now, we are most likely in a period of “debt deflation.” Wages are falling. Prices also appear to be falling – though this is open for debate, as there are smart people who believe prices are steady or even rising. For example, Marc Faber recently said he’s surprised that prices are […]
Breakfast was easy this morning, as I continue to wipe plenty of egg off my face from my recent deflationary call on the markets. I moved my wife’s 401K stash from gold stocks into pure cash, as I thought gold was looking toppy and not acting well. Since that time, gold fell a bit, and […]
Here’s a fantastic Marc Faber interview by Newsmax (hat tip to The Daily Crux for linking to this piece). Some quick notes on Faber’s insights: Doesn’t see any way out of inflation in the US…even if deflation hits, the Fed will monetize more and more debt Though thinks we could have temporary bouts of deflation […]
As regular readers know, I’m starting to get my feet wet with the Elliott Wave Principle…can’t yet say I’m a total believer yet, but I am definitely finding some value from the practice. Here’s a free 5-minute primer video by Elliott Wave International’s Chief Commodity Analyst Jeffrey Kennedy, as he takes a look at wave […]
On Thursday, I gave a pitch for my startup (Chrometa, auto time capture) at a business innovation showcase here in Sacramento. A traditional business plan pitch is fairly formulaic – you talk about the pain point you’re addressing, your solution, your market, why your team can get it done, etc. Big focus on the market […]
Crude oil expert Philip Verleger, who correctly predicted oil would hit $100 back in 2007, is now forecasting $20…this year! Verleger says that supply is outpacing demand by 1 million barrels a day – and with the global economy not really improving, a warm winter could prove to be “devastating” for oil prices. This jives […]
Here’s some great guest commentary from Doug Casey, as he riffs on various investment topics. Today he shares his insights about how to stash bullion safely away from the watchful eye of the government. The picture of Doug below really cracks me up. I find his musings both insightful and hysterical, and we’ll be featuring […]
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