Investing and Trading News, with a Contrarian, Sarcastic Twist!
On Tuesday evening, we had our monthly meeting of local Casey Research subscribers. Really sharp investment minds in the group – it’s a real pleasure and treat to chat about a wide variety of finance and investing related issues. The general consensus of the group (fairly contrarian in nature) is that gold and cash are […]
Mining powerhouse Barrick Gold announced yesterday that it’s going to spend over $3 billion buying up it’s gold hedges. In other words – they’re going to be buying up a whole lot of gold. While on the surface this appears to be yet another bullish sign for gold, Elliott Wave’s Steven Hochberg had a great […]
Stated as eloquently as only The Onion can: WASHINGTON—Despite ongoing economic woes and a jobless rate that has been approaching 10 percent, U.S. unemployment projections drastically improved Monday after the consumption of five beers. “It’s going up,” leading economist David Singleton said confidently, indicating the predicted growth in jobs with an upward wave of a […]
Go ahead – take a wild guess what Facebook’s most popular app of all-time is. Did you guess – FarmVille? As reported by the blog Econsultancy: As the name suggests, FarmVille is a game that gives users the ability to “grow delicious fruits and vegetables and raise adorable animals” on their own virtual farms. With […]
I hope you had a good, long holiday weekend. I sure did…I mentioned at the end of the week that I’d be blogging when I wasn’t drinking beer. As you can probably infer from my lack of posts, I managed to put back a few with some good friends! Back in the saddle now, I […]
Last Sunday I wrote that I thought it was time to go long the US dollar. Investor sentiment is near record low levels, which usually means the price has nowhere to go but up, at least in the short term. When making a contrarian pick like this, you usually prefer to see articles that take […]
Here’s a guest piece by Bud Conrad and David Galland from the Casey team, with an opportunity to check out their free report on the current state of the economy. As always, these two do a bang up job of looking under the hood of rosy government figures and media reports to get the real […]
Thanks to our friend and guest author Jon Lederer for forwarding along these investor sentiments about gold: Are we heading for the decisive break above $1,000 that frustrated gold investors (my former self included) have been waiting for? Time will tell! What if gold does motor right through $1,000 en route to $1,100 and higher? […]
In a word: contango. Hard Asset Investor’s Brad Zigler does a great job of diving into the topic of commodity stocks edging out the futures themselves. A quick, insightful read.
The Daily Show’s Jon Stewart breaks down the good news and bad news of our government’s “economic rescue.” Enjoy! The Daily Show With Jon Stewart Mon – Thurs 11p / 10c Good News/Bad News – America’s Recession www.thedailyshow.com Daily ShowFull Episodes Political Humor Healthcare Protests
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