Investing and Trading News, with a Contrarian, Sarcastic Twist!
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 […]
Looking for a cheap house in the Detroit area? You’ve got some options!
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 […]
Grain futures plummeted today after the USDA issued it’s supply and demand report, which projected larger supplies than previously forecasted. You can read the gory details of the full report here – or glorious details – depending on which side of the trade you were on. Corn, soybeans, wheat, rough rice all basically closed “limit […]
Now for the weekly review of our commodity futures positions – current as of January 11, 2009. First, our top blog posts from the past week: Is It (Finally) Time to Short US Treasuries – And Make a Fortune? China Starting to Regurgitate US Debt Marc Faber on Bloomberg: World War III Has Already Begun […]
Marc Faber interviewed on Bloomberg on January 6, 2009. He gives the Bloomberg talking heads a nice lesson on how capitalism works early in the first video. Comments on the economy: 2009 will be a “write off” economically The Obama economic plan will be a disaster in the long run – as is all government […]
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