Investing and Trading News, with a Contrarian, Sarcastic Twist!
Sugar is quietly staging an impressive rally off its October lows, when it briefly dipped below the 11-cent mark. Since then, we can see that sugar prices are clearly moving from the “lower left to the upper right,” recently hitting a 5-month high. Is it time to buy sugar? I think so. Fundamentally, there are […]
I thought it was something Komrade Obama said last night, but apparently corn’s rally today was due to short covering and buy orders that kicked in on the rally. According to my broker, corn still sits about $.50 below the cost of production. I’ve read that for the most part, most grains and softs are […]
Gold & Silver Up – Everything Else Continues to Circle the Bowl Gold, silver, and – of course – the US dollar – continued to rally this week. They were about it, as the stock market swooned, commodities got whacked, and every asset class continued to circle the bowl. Stocks have now gone nowhere in […]
For some reason, my blog is not displaying properly in Internet Explorer. I suspect this is a Blogger/Blogspot problem – I’ve contact them but have not received a reply. For the meantime, best to view in Firefox, Chrome, RSS, etc. Thanks and sorry for the inconvenience. If it keeps up we may consider switching platforms […]
Come one, come all – taxpayers, pull up a front row seat, to see your tax dollars being squandered away, in real-time, at recovery.gov. But first, a message from our sponsor: Folks, I hate to piss on this roaring campfire of a good time, but the net multiplier on government spending is zero – it’s […]
Jim Rogers’ latest comments – February 13, 2009. US stimulus packages are throwing “good money after bad” US making the same mistakes as Japan, propping up zombie companies and supporting the incompetent people Financial mess started with the bailout of Long Term Capital Management in 1998 Alan Greenspan never let the system work, as he […]
Cotton Futures Hit 2009 Low Cotton futures slumped to a 2009 low on bearish supply/demand news. Cotton’s projected world stocks-to-use ratio hit their highest mark since 2004-2005. We were stopped out of our position at $0.45, and this one hurt – I hate the idea of selling cotton at these prices – BUT, we always […]
In this guest article, the editors of Casey Research’s Without Borders publication make the case that emerging markets are now undervalued. They cite capital outflows as the contrarian indicator to look for in these markets – buy when the blood is in the streets. And right now, it most certainly is. The Casey folks expect […]
Earlier this week, Chinese officials commented that they will continue to buy US Treasury bonds, because they have no other viable vehicles to park their cash. From the Financial Times: Luo Ping, speaking at the Global Association of Risk Management’s 10th Annual Risk Management Convention, said: “Except for US Treasuries, what can you hold?” he […]
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