Courage Marine 2nd Quarter Results
Just 2 weeks ago there have been a slew of results release on companies i own and i plan to write about them. It just that work have been pretty busy thus i can only update briefly here until now.
The first company i am covering is Courage Marine. despite the fall in Baltic Dry Shipping […]
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 […]
Mark Mobius Sees Commodites Correction, Not End Of Boom
Emerging markets veteran Mark Mobius doesn’t think the recent selloff in commodities is the end of a boom which started back in 1999. Pratima Desai for Reuters UK wrote last week:
“When you have a long-term uptrend, excesses build up along the way. We are witnessing a correction,” said Mark Mobius, executive chairman at Templeton Asset […]
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 […]
Barrick Gold Becomes An Oil Producer?
Barrick’s bid to acquire Cadence Energy surprised me at first. After all, Barrick is a gold miner, right?
The nature of the bid was surprisingly local. Cadence is a small oil driller; we’re talking tiny. They produce 3,600 barrels of oil a day. I mean, why bother? The short answer is this: Barrick is thinking globally, […]
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 […]
Jeremy Grantham: Slash holdings in ‘risky’ emerging markets
(NEW YORK) Jeremy Grantham, chairman of Grantham, Mayo, Van Otterloo & Co, told investors to cut holdings of emerging-market stocks, reversing his recommendation earlier this year.
‘Our advice until now was very simple: take as little risk as possible except for emerging markets,’ Mr Grantham, 69, whose Boston-based firm oversees US$126 billion, wrote in his […]
David Dreman:Bear Market Opportunities
These aren’t happy times, but they’re historic ones. The Dow Jones industrial average suffered its worst June since the Great Depression. In July it crossed the threshold into a bear market, dropping 22% from its October 2007 high.
The liquidity crisis continues to unfold, proving far worse than even the most pessimistic Wall Streeters expected. Several […]
Hidden Commodities Exposure
With commodity prices running at a high level in recent weeks, many investors might be tempted to increase exposure by purchasing unit trusts that invest 100% into energy, soft commodities , base metals etc.
I some time feel that i can draw a parrallel comparison to the case of the China bull in street talks with […]
Tidbit: Bill Miller on Commodities and Peak Oil
From The Globe and Mail’s November 21 interview with Bill Miller:
A lot of investors in Canada are obsessed with mining and energy. Why have you been a skeptic on commodities?
Well, we were wrong. There’s two things. One of them is the secular case and the other’s a cyclical case. Secularly, we have not been fans […]
