Contrarian
Exclusive Interview: Jim Rogers Predicts Bigger Financial Shocks Loom, Fueling a Malaise That May Last for Years
[The First of Two Parts.]
Keith Fitz-Gerald
Investment Director
Money Morning/The Money Map Report
VANCOUVER, B.C. – The U.S. financial crisis has cut so deep – and the government has taken on so much debt in misguided attempts to bail out such companies as Fannie Mae (FNM) and Freddie Mac (FRE) – that even larger financial shocks […]
Richard RUSSELL ON GOLD & THE DOW
August 13, 2008 — We’ve recently seen the greatest expansion of credit in history. It was a product of Asian and Mid-Eastern countries holding down the value of their currency by creating more of their own money and buying dollars. The Fed got into the act in 2003 when it held down Fed Funds to […]
Richard Russell On The Market
August 11, 2008 – “A rough measure of broad money in the world’s 20 largest economies is growing at near 20%, year-over-year, in dollar terms” (from Grant’s Intereazst Rate Observer,August 8).
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It’s OK to be confused. It happens to me all the time. I receive about 20 advisory reports ever week, and in my 50 […]
Marc Faber:Long US Dollar, Japan
Last Friday, well-known bear Marc Faber spoke to Bloomberg’s Kathleen Hays about the euro’s performance against the U.S. dollar, commodities, and the global economy. Some notable excerpts from the interview included:
The global economy is in recession already…
The U.S. would now outperform for 3 to 6 months…
I think the dollar can continue to rally somewhat to […]
A Value Investor Looks At China
By Vitaliy Katsenelson
What do Starbucks and China have in common? A lot! Both got us hooked on consumption: one of fancy, expensive caffeinated liquids; the other on cheap foreign made goods. Both have defied the conventional wisdom - they grew faster and longer than common sense told us was possible. They also share another striking […]
What’s Wrong With Gold Stocks?
Earlier this year (”Gold Stocks Pay Off“), it seemed like the stars had lined up for gold stock investors. Gold equities looked cheap relative to bullion in mid-March, at least on the basis of the GLD/GDX ratio. The ratio, representing the price multiple of the SPDR Gold Shares Trust (NYSE: GLD) over the Market Vectors […]
Public Sector Salaries In Illinois
Ok! this is interesting. I have came across many articles during this 2 weeks about California and some states in US slashing public sector’s wages. While i am neutral on why the need to do that, this article gives me a glimpse of why they are all running budget deficits.
Let’s take a look at some […]
Timber Agg 2:How to invest in timber
The best way to describe my feeling after reading this second article is like buying that candy and realise it didn’t taste that well to awful.Here George Nichols outline that in truth, timber investing is but a myth for the average investors. The ETFs and the REITs out there are not pure play in these […]
Windfall Profits for Dummies
Lets say you are an honest worker. Lets say you work hard and you end up being richer and wealthier than alot of folks out there. The government taxes you at a higher bracket. When the going gets tough and you managed to pull through this and your average common folk sees your story, their […]
Government Size:Big Doesn’t Mean its better
It seems that government always think it is their duty to poke their noses into every piece of damn thing that they can get their hands on.
Truth is, many things can be regulated through private market mechanism. Govt just makes the matter more complicated, in turn create more jobs for themselves.
I for one, is in […]
