Investing and Trading News, with a Contrarian, Sarcastic Twist!
I couldn’t resist sharing some hot investment advice that just came through my Inbox, from our favorite real estate agent. To refresh your memory, here was the last gem that was sent over – an explanation about inflation that was, honest to God, the dumbest I’ve ever heard. Today’s insight is not as “doom and […]
Legendary investor and investment writer Richard Russell believes we’re nearing the speculative, or mania, phase in gold: Every major primary bull market that I have studied or lived through ends up with a wildly speculative third phase. This is the phase where the public and the crowd rushes head-long into the market. We saw this last in […]
What’s the key to getting our economy back on it’s feet? Acccording to Comrade Joe Biden – it’s wealth redistribution. Here he explains “the patriotic thing to do” to Katie Couric: The people who do not need a new tax cut should be willing, as patriotic Americans, to understand the way to get this economy back […]
How about Sri Lanka? Yes, Jim Rogers loves Sri Lanka…even more than China right now. Why? Because they’re close to the end of a 30-year war. After a war is one of Jim’s favorite times to invest – everything is cheap, so there’s great value. Don’t worry China bulls – he still loves the Red […]
How can you buy physical gold? It’s a question that’s coming up more and more these days…as demand for gold bullion is going through the roof. Jeff Clark points out a few resources that you should take a look at, if you’re looking to purchase some physical gold. And it’s probably a great time to […]
From Reuters: A German asset management company plans to set up 500 “Gold-to-Go” ATMs in Germany, Switzerland and Austria this year. A gold-dispensing automatic teller machine (ATM) was on display at Frankfurt’s main railway station for a one-day marketing test yesterday. A one-gram piece of gold, the size of a child’s little fingernail and about […]
Despite record harvests last year, corn and wheat stocks are still sitting near 30-year lows. Which means, anything short of a bumper crop could send the grains skywards once again. Here are some very cool charts, courtesy of Chris Mayer at DailyWealth, that depict the stocks-to-use ratios of of wheat and corn since 1970, versus […]
Common wisdom holds that depressions are inherently deflationary. The United States in the 1930’s. Japan in the 1990’s and 2000’s. Combine a depression with other deflationary factors going today in the US – demographics, deleveraging, falling asset prices, even productivity – and you’ve got some serious deflationary headwinds. (As a side note – I’ve warmed […]
Regular readers know that we’ve been anxiously awaiting the decoupling of commodities and currencies from stocks. These asset classes are historically uncorrelated. That changed late last year when the financial world ended, and everything went down the crapper at about the same speed. Except, of course, the US dollar and bonds…but I digress… Today stocks […]
Another “lost decade” is probably about the best Americans can reasonably hope for, based on this compelling case made by Mike “Mish” Shedlock over on his blog. Bottom line is that, over the last 20+ years, Americans spent too much money, and ran up too much debt. Now, like it or not, we’ll be forced […]
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