Investing and Trading News, with a Contrarian, Sarcastic Twist!
Everbank’s Chuck Butler highlights the reasons he foresees a possible rally in the Norwegian Krone on the horizon in today’s Daily Pfennig: I had a great lunch yesterday with the Big Boss, Frank Trotter, and we were discussing what we would talk about next week at the Orlando Money Show. I told Frank that I […]
Interested in buying physical gold to protect yourself from the coming inflationary holocaust? Here’s a quick primer on the ins and outs of buying, and taking possession of, physical gold. Going LongFinding Elusive Gold in This Market By the editors of BIG GOLD, Casey Research At this writing, gold is still 15% off its peak, […]
Gold Breaking Out? Adam Hewison of INO.com believes the gold market is getting wound up, ready to explode higher (check out his free video here). Long time readers know that I believe gold is heading much higher, because inflation is heading much higher. Inflation is already through the roof – it’s just that we are […]
Great job by Fred. My favorite line: “We could give everyone in America a shovel. Half of them can dig holes, and the other half can fill them in. Then everyone would get a check, and that would fix our unemployment problem.”
Why create wealth when you can just redistribute it? When my wife handed me this letter from our local utility company, I exploded. I have an idea for you, SMUD – how about YOU take a look at YOUR internal processes, and figure out how YOU can become more efficient! It is a recession, after […]
Reuters reporting on George Soros’ testimony at the U.S. Conference of Mayors – whatever the hell that is: Soros said the United States needed “radical and unorthodox policy measures” to prevent a repeat of the Great Depression of the early 20th century that include recapitalizing banks and writing down the country’s accumulated debt. Also, he […]
Thanks to our friends at Stratfor, for granting us the right to republish this fine analysis of the two major challenges President Obama faces on the global stage. Obama Enters The Great Game By George Friedman U.S. President-elect Barack Obama will be sworn in on Tuesday as president of the United States. Candidate Obama said […]
Jim Rogers tells Bloomberg News that he would avoid investing in the U.K., and that he’s sold all of his Pound Sterling. He also mentions he’s been buying Chinese shares and commodities (agriculture, metals, and energy) since the October/November “selling climax.”
Stratfor reports that a major drought is threatening Argentina’s agricultural crop for 2009. According to the projections of the Buenos Aires Cereals Exchange published on Jan. 16, the country’s wheat yield for 2009 will be 8.7 million metric tons, down from 16.3 million in 2008 (domestic wheat consumption in 2007 was approximately 6.7 million metric […]
Jan. 19 (Bloomberg) — Goldman Sachs Group Inc. commodity analyst Jeffrey Currie said he expects a “swift and violent rebound” in energy prices in the second half of the year. Oil prices may have reached their lowest point already, after falling to $32.40 in mid-December, and are expected to rise to $65 by the end […]
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