Investing and Trading News, with a Contrarian, Sarcastic Twist!
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 […]
For some reason, my blog is not displaying properly in Internet Explorer. I suspect this is a Blogger/Blogspot problem – I’ve contact them but have not received a reply. For the meantime, best to view in Firefox, Chrome, RSS, etc. Thanks and sorry for the inconvenience. If it keeps up we may consider switching platforms […]
Come one, come all – taxpayers, pull up a front row seat, to see your tax dollars being squandered away, in real-time, at recovery.gov. But first, a message from our sponsor: Folks, I hate to piss on this roaring campfire of a good time, but the net multiplier on government spending is zero – it’s […]
Jim Rogers’ latest comments – February 13, 2009. US stimulus packages are throwing “good money after bad” US making the same mistakes as Japan, propping up zombie companies and supporting the incompetent people Financial mess started with the bailout of Long Term Capital Management in 1998 Alan Greenspan never let the system work, as he […]
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