Investing and Trading News, with a Contrarian, Sarcastic Twist!
Milton Friedman said that inflation is “always and everywhere a monetary phenomenon.” Judging by the recent price action in many of the soft and agricultural commodities, they appear to agree. Ben Bernanke, a student of the Great Depression, is making a bet the Friedman was wrong. Bernanke believes that because Friedman did much of his […]
Brian Hunt, Editor in Chief at Stansberry Research, writes that oil service stocks are breaking out to 6-month highs, according to the chart of OIH, the ETF of major oil service companies. Flash Player 9 or higher is required to view the chartClick here to download Flash Player now View the full OIH chart at […]
Why are the banks still not lending, even though they are supposed to be flush with cash? Because they don’t actually have the cash, says Paul Van Eeden in an excellent interview with BNN. It’s an interesting perspective – Van Eeden believes that the cash that banks to have is parked with the Fed […]
It’s the magnitude of Fed manipulation with the money supply…so would it shock you to learn the stimulus ratio has been clocking historic highs over the past 12 months? I’d recommend you check out this insightful article written by Paul Kluskowski, where he defines the stimulus ratio as the ratio of long-term rates to short-term […]
According to Wikipedia, the Tilt is a state of mental confusion in which a poker player adopts a less than optimal strategy, usually resulting in the player becoming over-agreesive. In this guest piece, Jeff Clark, one of our favorite analysts, explores how global economics are now “on Tilt”, driven, with wreckless decision after wreckless decision […]
The Daily Show sent correspondent Wyatt Cenac to Sweeden to “invesigate” the effects of socialsm in person. Hilarious bit – perfect for a Friday. The Daily Show With Jon Stewart M – Th 11p / 10c The Stockholm Syndrome thedailyshow.com Daily ShowFull Episodes Economic Crisis First 100 Days The Daily Show With Jon Stewart M […]
Did you know that May 1 is official No Pants Day around the world? What in the world is No Pants Day? No Pants Day is a day where everyone, be they students, respectable businessmen, or cherished community leaders, leave their pants behind. Usually this means wearing thick, appropriately modest boxer shorts, but bloomers, […]
Natural gas prices have hit their lowest levels since 2002, because, well, there’s just an awfully lot of it available right now. The Wall Street Journal reports that years of higher natural gas prices this decade has spurred more drilling and innovation, resulting in a production rise of 11% over the past two years in […]
Legendary investor Jim Rogers was interviewed by Chris Waltzek of GoldSeek Radio a few days ago. Here’s a link to the audio interview, and it’s also available on iTunes. Jim begins on hour #2. My notes from items that caught my ear: The producers of “real goods” are going to rule the world for the next […]
So the banks are saying they are all well capitalized, healthy, and raring to go for a new bull market. And if you believe that, we’ve got some great swampland in Florida to sell you. Casey Research’s Olivier Garret reads between the lines, and the story reads about as you’d expect – more BS coming […]
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