Investing and Trading News, with a Contrarian, Sarcastic Twist!
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 […]
Is Global Warming a real threat to the planet…and the future of the human race? I used to be convinced so, based on hard, scientific data. Nowadays, I’m not so sure – I’d classify myself as skeptical to say the least. And I believe that even if we are warming the planet with our carbon […]
I have no idea what’s going on with the markets right now. Just when things look most ominous, they fire up again this week big time…isn’t that the way markets always work! Well for what it’s worth, our friend Brian Hunt made an astute ovservation that the Baltic Dry Index has turned down once again…this […]
The WSJ reports that option adjustable-rate mortgages (Option ARMs) are taking the torch of the housing disaster from subprime mortgages. Yes, the circle of death rolls on in the US housing market – what started as a subprime fiasco is evolving into a more inclusive party, with Option ARMs rolling up, kegs and cigars in […]
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