Deep Recession or Greater Depression?

The Contrary Investing Report

Investing and Trading News, with a Contrarian, Sarcastic Twist!

BCA Research reports that China is gradually moving its foreign reserves out of US assets, estimating that China currently has about 64% of its reserves in US assets, down from a high of 84% in 2003. BCA’s report also breaks down the types of US assets the Chinese have been purchasing, which recently has been […]

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The world’s major central banks are expected to reduce sales and lending of their gold bullion reserves this year, MarketWatch reports. Because central banks hold a significant portion of above-ground gold in the world – over 15% of it, the article reports – reduced selling by the banks could weigh on gold supplies. If you […]

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Are the dollar’s days numbered as the world’s reserve currency?  Not if  Congresswoman Michele Bachmann has her way. Earlier this week, Rep. Bachmann swung to the defense of the US Dollar, on the heels of China asking for a new world reserve currency. From Rep. Bachmann’s website: In response to suggestions by China, Russia, and […]

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Looking for a contrarian indicator you can take to the bank?  Look no further than our faithful Fed Chairman Ben Bernanke.  In this guest piece, the folks at Casey Research revisit Big Ben’s Greatest Hits, while casting an eye towards investment opportunities that arise from taking the opposite of Ben’s words at face value. When […]

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