Investing and Trading News, with a Contrarian, Sarcastic Twist!
Agora Financial just published an interview with former Fed Chairman, “Tall” Paul Volcker which they conducted in sync with the release of their new documentary I.O.U.S.A. Brief excerpt: When I became chairman of the Federal Reserve, I think there was a general feeling in this country that economic affairs, and inflation in particular, had reached […]
Rick Rule, if you’re not familiar with him, is a legendary metals and mining investor. I’d highly recommend perusing Porter Stansberry’s interview with Rick in today’s issue of DailyWealth entitled Insights From the World’s Top Commodity Investor. A quick sound bite from Rick about how he is salivating at the opportunities currently available in the […]
Sean Hyman from World Currency Watch says watch out, the Bank of Japan is not one to be reckoned with. They are ready to intervene to stop the Yen’s rise – and you don’t want to test them. And our pal and trusted currency advisor, Chuck Butler at the Daily Pfennig, agrees with Sean in […]
One more video from Jim Rogers – quick summary of his thoughts on this one – a very different interview from the previous post: The Japanese Yen will continue to rise – probably higher than anyone thinks it will go When we come out of this forced selling, commodities will be set to take off […]
A quick summary of Jim Rogers’ interview on Bloomberg from 10/24/08 – I just can’t get enough of Jimmy (if you couldn’t tell): The best place to have your money is (drumroll…) in commodities. Why? Because this credit crunch will drastically hurt the supply of commodities. “Farmers cannot get loans to expand. Nobody’s going to […]
Japanese stocks have hit their lowest point since 1982, Agora Financial points out with this fine illustration:
I pulled this chart straight from the St. Louis Federal Reserve website. Can you spot the trend? Sorry the picture came through a bit blurry – you can click the link above for a closer shot – that would be September 2008 where the chart does a hockey stick up to the sky.
Top posts from the past week: The Case for Shorting Long Dated US Treasuries Why the Yen and Dollar are Rallying GoldMoney: Gold’s New Highs vs. Other Currencies Jim Rogers on CNBC: October 22, 2008 Foods and Softs Outlook A review of my futures trades from the previous week: Covered my Swiss Franc long – […]
Remember when the grains and softs were doing moonshots, and every other column here was about bullish news for food prices? Seems like just yesterday I was imploring a much smaller readership base to sugar me sweet. While my favorite soft commodities (sugar, coffee, cotton) remain parked on my wish list as we wait for […]
Jim Rogers lays the smack down on some CNBC poindexters. I really enjoy these types of nitwit commentators getting toasted by Jim – it reminds me of late 80’s wrestling, where they’d trot our some no name guy on Saturday afternoon WWF Superstars to get destroyed by the Ultimate Warrior in 15 seconds. Check out […]
Recent Comments