From the monthly archives:
Just a reminder that I’ve moved my blog over to the Uncommon Wisdom website. You can read my latest post, which is about gold and my appearance on CNBC today, by pointing your web browser here: blogs.uncommonwisdomdaily.com/red-hot-energy-and-gold
Remember to update your links and RSS feeds. See you over at Uncommon Wisdom. And I’ve got a new [...]
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Now that we’re getting Global Wealth Report off the ground, you can read my blog at http://blogs.globalwealthreport.com/red-hot-energy-and-gold/
And here is my latest post: http://tinyurl.com/dyq77s
Remember to update your links and RSS feeds.
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World Bank Offers Dire Forecast for World Economy
In a bleaker assessment than those of most private forecasters, the World Bank predicted Sunday that the global economy would shrink in 2009 for the first time since World War II.
The World Bank also warned that global trade would contract for the first time since 1982, and that the [...]
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There is news on guns. First, it turns out that gun sales and applications for concealed weapons permits are soaring in my home state of Florida. In material that was editedfrom the Gold, Guns and Spam article, I talked about how crowded my local gun shows were.
Next, we have an analysis by Brent Mattis on [...]
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Russia is reducing its holdings of US Agency bonds.
As I pointed out in a recent MoneyandMarkets.com column, the Russkies are buying a lot more gold.
Just in case you were wondering, this is officially the worst bear market since the Great Depression.
From Barry Rithholz, a chart showing that the S&P 500 is STILL not cheap on [...]
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I’ll be appearing on a Chicago radio station today (1:40-1:47pm EST CBS Radio WBBM Noon Business Hour w/ Sherman and Chris Chicago). They want to discuss oil stocks. They sent me a list of four. Here is my analysis below — since I’ll be sharing it with the Chicago listening audience, I thought you might like [...]
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Nothing goes in a straight line, up or down. Earlier this week, I said the major stock indices could be due for a rally. Boom — we got one yesterday. It may fall apart today. But if we get a rally, how high could it go?
Remember, until proven otherwise, this is a rally in a bear [...]
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The market is extremely oversold right now; a rally wouldn’t surprise me. What would spark a rally? Well, everyone is expecting bad news this week, so if the news is less-bad-than-expected, that may cause shorts to cover their positions. And that, in turn, could spark a rally.
I think that rally should be sold. I have [...]
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