Investing and Trading News, with a Contrarian, Sarcastic Twist!
Jeremy Grantham, one of my favorite investors, often puts out fantastic (and free) articles and editorials about the markets. Grantham has been extremely bearish since 2000, and has been particularly bearish in 2000 and 2007, which were not bad times to be cautious at all. I enjoy his analysis because it is extremely pragmatic – […]
Today, Switzerland signaled to the world that it will attempt to flush the Swiss Franc down the bowl faster than the other fiat currencies of the world. Not only did the Swiss National Bank cut it’s target rate to 0.25 percent (from 0.5 percent), but the central bank also began selling the currency, marking it’s first […]
It looks like Jim Rogers, like us, is still waiting for another appropriate opportunity to short US Treasury bonds. From Bloomberg: Investor Jim Rogers said the Federal Reserve will probably start buying Treasuries to keep borrowing costs down, postponing a rout in U.S. government debt. “He’s setting things up for a gigantic fall down the […]
Today, Bloomberg reported that the Japanese Yen dropped today against the dollar, euro, and Swiss franc as Japan posted its first trade deficit in 13 years. “The poor Japanese trade-deficit data are giving further fuel to the idea that Japan, or the yen, is no longer the safe haven as the country’s external position deteriorates,” […]
Why We’re Shorting the Yen Last Monday, we shorted the Japanese Yen. Longtime readers may be wondering what we’re smoking, as we’ve been playing the long side of the Yen (with relative success) on and off over the past couple of years. My thinking is that the carry trade has been completely unwound, and fundamentals […]
As we watch the governments of the world engage in a competitive devaluation of their respective currencies, you may be starting to think about putting some of your investment dollars into gold. Buying gold stocks are one way to do it. However if the world’s monetary system starts to come unraveled, you can’t beat owning […]
John Mauldin is one of my favorite economic analysts. He writes a free weekly newsletter, which I would highly recommend you check out. He was recently interview by Yahoo Tech Ticker for a 3-part interview series (links below). Mauldin has a very pragmatic perspective. He is neither a perma-bull nor a perma-bear – he does […]
Sugar is quietly staging an impressive rally off its October lows, when it briefly dipped below the 11-cent mark. Since then, we can see that sugar prices are clearly moving from the “lower left to the upper right,” recently hitting a 5-month high. Is it time to buy sugar? I think so. Fundamentally, there are […]
I thought it was something Komrade Obama said last night, but apparently corn’s rally today was due to short covering and buy orders that kicked in on the rally. According to my broker, corn still sits about $.50 below the cost of production. I’ve read that for the most part, most grains and softs are […]
Gold & Silver Up – Everything Else Continues to Circle the Bowl Gold, silver, and – of course – the US dollar – continued to rally this week. They were about it, as the stock market swooned, commodities got whacked, and every asset class continued to circle the bowl. Stocks have now gone nowhere in […]
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