Investing and Trading News, with a Contrarian, Sarcastic Twist!
Jim Rogers tells Bloomberg News that he would avoid investing in the U.K., and that he’s sold all of his Pound Sterling. He also mentions he’s been buying Chinese shares and commodities (agriculture, metals, and energy) since the October/November “selling climax.”
Stratfor reports that a major drought is threatening Argentina’s agricultural crop for 2009. According to the projections of the Buenos Aires Cereals Exchange published on Jan. 16, the country’s wheat yield for 2009 will be 8.7 million metric tons, down from 16.3 million in 2008 (domestic wheat consumption in 2007 was approximately 6.7 million metric […]
Jan. 19 (Bloomberg) — Goldman Sachs Group Inc. commodity analyst Jeffrey Currie said he expects a “swift and violent rebound” in energy prices in the second half of the year. Oil prices may have reached their lowest point already, after falling to $32.40 in mid-December, and are expected to rise to $65 by the end […]
According to a Reuters report, Jim Rogers is still very bullish on Asia, and still very bearish on the US dollar and Treasury Bonds. Jim Rogers accused U.S. authorities of consciously trying to devalue the U.S. dollar by flooding the market with liquidity — or in his words, “turning on the printing presses” — and […]
This is really funny… Company Logos – Post Financial Crisis View more presentations or upload your own. (tags: music logos)
Marc Faber’s observations on a CNBC interview from January 19, 2009: The corporate credit markets have improved somewhat He expects government bond markets to weaken, due to the increasing unlikeliness they will be able to pay off their mounting deficits – believes this may be the “next shoe to drop” There’s a very good chance […]
This guest article about Obama’s Newer Deal, courtesy of Casey Research’s David Galland, includes a free special report on the Obama administration, and what it means for your investments. Enjoy! Obama, Keynes, and PragmatismBy David GallandManaging Editor, The Casey Report On several occasions of late, I have read or heard the phrase, “We are all […]
On Monday, the USDA released it’s agriculture supply and demand projections, which sent grains “limit down” for the day across the board, and many of the softs down sharply as well. That proved to be the worst of it – as grains slowly recovered during the week as the market digested the news, finishing the […]
From our friends over at Market Folly – coverage of Peter Schiff’s latest comments regarding the bubble in US Treasuries – brief excerpt here, click the link above for the full coverage. “However, since the only way the Fed can buy bonds is by printing money, the more bonds they buy the more inflation they […]
Jan. 16 (Bloomberg) — Sugar prices rose, posting their fourth straight weekly gain, on speculation that demand for imported supplies will increase this year in China and India, the world’s largest consumer.… Also worth noting: Reduced supplies from India likely will widen a global market deficit that Czarnikow Group Ltd. estimates will be 5.8 million […]
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