Investing and Trading News, with a Contrarian, Sarcastic Twist!
From our friends over at Market Folly – coverage of Peter Schiff’s latest comments regarding the bubble in US Treasuries – brief excerpt here, click the link above for the full coverage. “However, since the only way the Fed can buy bonds is by printing money, the more bonds they buy the more inflation they […]
Jan. 16 (Bloomberg) — Sugar prices rose, posting their fourth straight weekly gain, on speculation that demand for imported supplies will increase this year in China and India, the world’s largest consumer.… Also worth noting: Reduced supplies from India likely will widen a global market deficit that Czarnikow Group Ltd. estimates will be 5.8 million […]
Corn farmers could be in some trouble this year reports the Batavia News, an upstate New York newspaper. The (corn) price has been hovering near $4. That could be trouble for farmers if there is an average or below average crop.Many of his customers have ordered more soybean seed. That crop requires less fertilizer. New […]
Stratfor reports that more European nations are likely to face credit downgrades, and that, ultimately, a restarting of the global economy and flow of credit will be needed to drive down the cost of debt financing. The article mentions how the massive amount of debt being issued by the US Treasury, in the form of […]
From Stratfor: The International Energy Agency (IEA) released figures Jan. 16 indicating global oil consumption will fall in 2009, The Associated Press reported. The IEA blamed the global economic crisis for the reduction in oil demand, and said a drop this year is the first two-year slide since 1982-1983. The IEA forecasts oil demand will […]
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He asks Bernanke at the end, and he skirts the gold standard question. Just got done reading the latest Casey Report, which has an interview with Ron Paul. He recites a story about Paul Volcker, who in the early 80’s, came into a room 1st thing one morning and immediately asked one of his staffers: […]
This is a guest article by Casey Research Founder and Chairman, Doug Casey. Enjoy! Foundations of Crisis By Doug Casey, Chairman, The Casey Report, Casey Research, LLC. Everybody wants predictions. The following article does a little better than that, in that I wrote it back in November of 1997, outlining several theories of history, and […]
Caught this piece in today’s WSJ – the recent rally in corn prices had many analysts scratching their heads after a record corn harvest. After today’s USDA report, corn prices are looking quite vulnerable in the near term, even after closing “limit down” today.
CHICAGO — A set of bearish government estimates released Monday reignited concerns about anemic demand amid a world recession and sent Chicago Board of Trade grain and oilseed futures plunging, analysts said. CBOT corn and soybean markets fell by their exchange-imposed daily trading limits. March corn fell 30 cents to $3.8075 per bushel while nearby […]
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