Commodity Investing Contrarian Indicator: California Teachers Fund “Goes Long”

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Contrarian indicators don’t get much better than this. Our good friend here in town, fellow Austrian economist fanatic Jonathan Lederer sent along word today that the California State Teachers’ Retirement System (CalSTRS), has approved a plan to begin investing in commodities “as a hedge against inflation and to buffer losses in equities” (Seriously, I’m not making this […]

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Last week, a buddy from college sends me an email: “Hey, I got a little bit of cash sitting around, earning next to nothing in a savings account. Anything you’d recommend to get this cash working for me?” “Not really – everything looks pricey right now…hey, does that mean you paid off your law school […]

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