Looks like gold may have kicked that nasty downtrend… (And phew – this rally could save my marriage!)
The Contrary Investing Report
Investing and Trading News, with a Contrarian, Sarcastic Twist!
Investing and Trading News, with a Contrarian, Sarcastic Twist!
Looks like gold may have kicked that nasty downtrend… (And phew – this rally could save my marriage!)
Some good recent hits from Jim Rogers: The US dollar is in trouble Oracle Rogers sees worse recession ahead Says he’s currently long the Swiss Franc, Japanese Yen, and airline stocks (as a contrarian play). Also thinks coffee, cotton, sugar, silver, and zinc look potentially attractive (this is usually Rogers’ code for – these are […]
So long, dollar! From CNNMoney.com: In a stunning turn, the Federal Reserve Board is lending as much as $85 billion to rescue crumbling insurer American International Group, officials announced Tuesday evening.
Apparently my former employer is a loyal reader of Blogging the Commodity Bull Market – they presented a former blog post of mine as evidence in my unemployment hearing today! I’m not exactly sure what kind of insight they thought could be gleaned from this passage: On a personal note, I recently left my job […]
Jeff Clark writes that gold stocks are about as oversold as they can be – and he expects an explosive rally in the coming months. I’ve been tracking Clark for a bit, and the guy is a very sharp trader – definitely pay attention when he calls a play like this.
My morning glance at the Futures screens revealed that, well, just about everything is down across the board. Of special note: Cotton flirting with the 60-cent handle (wow, that looks cheap) Silver getting kicked in the teeth again Oil off big again, flirting with $90 Not to mention global stock markets getting slammed across the […]
If you’re looking for a sound perspective on the latest Wall St firm meltdown, take a look at Andy Kessler’s latest article for Forbes.com, where he compares the shut down of Lehman to the shut down of the old Pan Am Airlines – as in, nobody is going to miss them. Andy is about as […]
A special Blogging the Commodity Bull Market shout out to my good friend Lance, who works at a prominent New York investment bank. Lance (name altered to protect the innocent) is a regular reader of our blog, though he is strictly forbidden from commenting whatsoever due to his professional ties. Via a text message exchange […]
“Governments and politicians do not understand markets and they are making the situation worse by trying to impose controls on the markets,” Jim Rogers commented in a recent speaking engagement. Rogers also expects coffee, sugar, and cotton prices to rise sharply. Sees upside for zinc and silver prices Has no plans to sell gold Intends […]
Recent Comments