This beauty sure slipped under the radar. Maybe all is not right with the world again, just yet?
The Contrary Investing Report
Investing and Trading News, with a Contrarian, Sarcastic Twist!
Investing and Trading News, with a Contrarian, Sarcastic Twist!
This beauty sure slipped under the radar. Maybe all is not right with the world again, just yet?
Over the weekend, Warren Buffet commented if he “landed from Mars today with a billion of Mars dollars, or whatever they call them on Mars, and I was thinking about where to put my money,” he wouldn’t put it all in the U.S. currency. Full article on Bloomberg
Better to be lucky than good – my accidental rice short on my exit ended up being a very nice trade. Looking back I covered too early, but oh well…lucky entry anyway, I was scared of being too greedy. Not much doing now – commodities are pretty much experiencing a correction across the board. Yen […]
In his recent article in Harper’s Magazine, Kevin Phillips takes a good hard look at government economic numbers (a la John Williams) and concludes that – surprise, surprise – the numbers are skewed to serve political goals. This is not news to many readers, but this piece is still worth a review, as Kevin paints […]
Naturally, you’d expect a guy who runs a site called GoldMoney to be bullish on the yellow relic. But James Turk is a sharp guy and his latest commentary is worth reading. Bottom line is that the bull market in gold cannot be over, because nothing has changed fundamentally.
A couple of good ones from Chuck in today’s Daily Pfennig:Well… How about that U.S. dollar? That’s some currency Rudy! Why, look at it rallying against the euro and other currencies as if it’s on a mission from God! It looks as if the U.S. has turned things around… The Deficit no longer needs to […]
Big drop today – I can’t find any news to support. Best I can find is that the recent rally was based upon supply concerns, and I’m sure spec buying no doubt. I just covered my position here – no point hanging on after a big gap down like this, I think.
The video interview runs over 20 minutes – I can’t get enough of listening to Jim. Even though he repeats his investing themes, those themes will almost always make you big $$$, so a good refresher course can never hurt. At the 5:40 mark of the third video, Jim mentions what he’s buying now: Agriculture […]
From Agora’s 5 Min Forecast – Kerr sees corn north of $7 in ’08. I know, yet another post about plantings behind schedule. Also worth noting – as long as I’ve been following Kerr (~3 years), his calls on corn prices have been spot-on. Corn futures, on the other hand, are still on the rise. […]
Whoa, how’d I miss the recent rally in live cattle? It make so much sense fundamentally – Asia eating more meat, high grain prices putting the squeeze on meet production, etc…I just fell asleep at the wheel a bit here.Here’s an article I found on BarChart regarding the livestock markets. I also read over the […]
Recent Comments