Investing and Trading News, with a Contrarian, Sarcastic Twist!
US Treasury Secretary Tim Geithner visited Beijing on Monday…with a straight face, he reassured the Chinese government that its large holding of dollar assets are safe. Then, still deadpanning, Geithner reaffirmed his faith in a strong US currency. That broke the ice, as his student audience burst our into large laughter. See if you can […]
Global supplies of soybeans may be yet tighter than estimated by the USDA, according to a recent report by Hard Assets Investor: Recent estimates of U.S. old-crop soybeans – those still around in silos as of August 31, 2009 before the new harvest starts – depend on who you talk to. The USDA puts old-crop […]
Silver just finishest it’s hottest month in the last 22 years – can it go higher from here? You bet it can. Silver is like the Little Girl With The Curl – when she’s good, she’s very, very good. I read the funniest description of silver I’ve ever seen this morning, courtesy of our good […]
Take a minute to think about your view of human history, and our continued progression as a species. Do you believe human history is linear…always getting better…onward and upwards to a better existence? Is it chaotic…stuff happens, people react, then more stuff happens…but there’s no pattern to it? Or…is human history cyclical…with those who neglect […]
Seems like just yesterday that subprime loans were blowing up like the last few seconds of a batch of microwave popcorn. Pop-pop-pop…now you see them now you don’t…keys in the mailbox, see ya later, Mr. Lender. That loan is now your problem. The good news is that the bulk of the subprime loans have reset […]
“Dr. Doom” Marc Faber drops the casual obervation in this Bloomberg interview that he sees inflation levels rising in the US…in fact, eventually approaching Zimbabwe levels! Prompted by a viewer question that asked whether it’s more likely the US will default on its debt, or go into hyperinflation, Faber says he “100% sure” that the […]
I couldn’t resist sharing some hot investment advice that just came through my Inbox, from our favorite real estate agent. To refresh your memory, here was the last gem that was sent over – an explanation about inflation that was, honest to God, the dumbest I’ve ever heard. Today’s insight is not as “doom and […]
Legendary investor and investment writer Richard Russell believes we’re nearing the speculative, or mania, phase in gold: Every major primary bull market that I have studied or lived through ends up with a wildly speculative third phase. This is the phase where the public and the crowd rushes head-long into the market. We saw this last in […]
What’s the key to getting our economy back on it’s feet? Acccording to Comrade Joe Biden – it’s wealth redistribution. Here he explains “the patriotic thing to do” to Katie Couric: The people who do not need a new tax cut should be willing, as patriotic Americans, to understand the way to get this economy back […]
How about Sri Lanka? Yes, Jim Rogers loves Sri Lanka…even more than China right now. Why? Because they’re close to the end of a 30-year war. After a war is one of Jim’s favorite times to invest – everything is cheap, so there’s great value. Don’t worry China bulls – he still loves the Red […]
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