Investing and Trading News, with a Contrarian, Sarcastic Twist!
Rick Rule, if you’re not familiar with him, is a legendary metals and mining investor. In this interview with Gold Report, he gives his thoughts on the disconnect between metal equities and the metals themselves, along with his outlook for the US dollar and metals. A quick teaser/summary: Believes the disparity between gold stocks and […]
Chris Gaffney of the Daily Pfennig writes this morning: “The situation here is bad and seems to be getting worse. The major question remains: Who will be standing in line to purchase all of this debt? And what happens to the dollar if/when foreign investors decide they have enough IOUs from the US Treasury and […]
Here’s our buddy Jim being interviewed by the UK newspaper the Telegraph – good old Jim is cheery as always, and predicts the US central bank will fold within the next decade or two, because it is “so bad”.
Kevin Kerr discusses the current resource situation with BNN Likes gold and silver (has $1200 price target for gold, may hit this year he believes) Thinks oil will trade between $85 and $105 for a bit, before continuing its rise Current correction in base metals and grains is a good thing for traders looking to […]
Current thoughts on these futures markets: Australian dollar – Of course, what would a currency trade be without a trip to the wrong side of the ledger? I’ve decided I am no longer using breakouts to determine my entry points with currencies, and have jumped into the Aussie on what I deemed a ‘pullback’. Since, […]
Bud Conrad is the Chief Economist at Casey Research, an offbeat, very insightful, investment research service that I subscribe to. Folks from Casey Research are rarely quoted in the mainstream press, as their level of thinking is a bit too deep for the dolts on regular financial news. Here’s a nice clip of Bud being […]
Clip of Ron Paul breaking down the housing bill for us laymen without the time or inclination to pore over 700 pages of legislation. It made me a) sick, b) terrified for the future of our country, and c) calculate my current gold/silver holdings again in my head.
Oh man – if you thought the US could create a credit bubble, you ain’t seen nothing yet. The always entertaining Mogambo Guru of the Daily Reckoning comments that an increase in Chinese citizen credit card usage “is also in line with government goals.” This is a country that saves a huge percentage of their […]
Forbes article Soros expects the oil/gold ratio to decline, closer to its historic average of 10. He expects gold to hold its ground, even if oil were to decline.
Keeping the faith here – strategy has been right generally on these trades, just poor timing. Ah well, it happens. I am re-evaluating my entries, as they have not been serving me well over the past few months. Tried the short side of the grains market with the short on mini-corn, and that worked out […]
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