Investing and Trading News, with a Contrarian, Sarcastic Twist!
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 […]
According to a Reuters report, Jim Rogers is still very bullish on Asia, and still very bearish on the US dollar and Treasury Bonds. Jim Rogers accused U.S. authorities of consciously trying to devalue the U.S. dollar by flooding the market with liquidity — or in his words, “turning on the printing presses” — and […]
This is really funny… Company Logos – Post Financial Crisis View more presentations or upload your own. (tags: music logos)
Marc Faber’s observations on a CNBC interview from January 19, 2009: The corporate credit markets have improved somewhat He expects government bond markets to weaken, due to the increasing unlikeliness they will be able to pay off their mounting deficits – believes this may be the “next shoe to drop” There’s a very good chance […]
This guest article about Obama’s Newer Deal, courtesy of Casey Research’s David Galland, includes a free special report on the Obama administration, and what it means for your investments. Enjoy! Obama, Keynes, and PragmatismBy David GallandManaging Editor, The Casey Report On several occasions of late, I have read or heard the phrase, “We are all […]
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