Investing and Trading News, with a Contrarian, Sarcastic Twist!
So is this column a new Monday tradition? If you haven’t already, please be a good student of history and review my thoughts from the last Black Monday – they are all still relevant. Sure looked like the old Plunge Protection Team was out in full force this afternoon – could we have seen a […]
Doug Casey, founder of Casey Research, on Fox Business describes his current outlook: Interest rates are going to the moon Gold, though not cheap any longer, is still a best bet
Thank you United States legislature, for stuffing the 451-page bailout bill with such gems as: Sec. 211. Transportation fringe benefit to bicycle commuters. Sec. 308. Increase in limit on cover over of rum excise tax to Puerto Rico andthe Virgin Islands. Sec. 309. Extension of economic development credit for American Samoa. Sec. 325. Extension and […]
Top posts from the past week: Financial Times: Wealthy Investors Demanding Unprecedented Amounts of Physical Gold Jim Rogers on CNBC 10/1/08 Quick Thoughts on the Latest Black Monday A review of my trades from the week that was: Closed out my Swiss Franc position – Yikes – this trade did not work out, I got […]
Has the spot price of gold – or any commodity, for that matter – ever been this out of whack with physical demand? Courtesy of the Financial Times: “There is an enormous pick-up in investment demand. I have never seen a market like this in my 33-year career,” said Jeremy Charles, chairman of the LBMA. […]
One more good recent video from Jim Rogers on Bloomberg. Why are we taking advice from people like Bernanke and Paulson? Why are we taking advice from people who have been dead wrong over and over and over again for two years? He said he’s mostly sitting and watching the markets right now.
“Why would anyone listen to them (Paulson or Bernanke)?” Rogers also started buying Chinese shares a few weeks ago. A short 4 minute interview, but he’s quite feisty with the CNBC talking heads.
A really great article here by Clayton Makepeace on the current economic turmoil. Clayton is one of my favorite marketers – I read his blog religiously for marketing insights. At the end of his article, he encouraged people to link to the article or post in its entirety – so I am doing both. Enjoy, […]
“Sounds like insider trading to me!” Yeah Marcy!
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