From the category archives:
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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We’ll have to see where gold ends, the day, but it started the morning strong. Strong enough that I made new recommendations for Red-Hot Commodity ETFs and Red-Hot Global Small-Caps. Then gold turned lower. Dang!
These positions are small and we’re using stops, so if the market turns against us, it won’t hurt that much. And meanwhile, [...]
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We know that the relationship between gold and the dollar has changed. It used to be that gold moved opposite (inverse) to the U.S. dollar; now they tend to track each other. What changed?
A recent report in Bloomberg says that the dollar’s inverse relationship with gold reversed as the global recession deepened, increasing the appeal [...]
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Did you see the interview CNBC did with Nouriel Roubini and Nassim Taleb yesterday? Both are widely respected economists and analysts who have been dead-on predicting the crisis we’re in. And both were treated like side-show freaks by the CNBC babbling heads yesterday.
The CNBC talkers insist on referring to Roubini and Taleb as “Doctor Doom” [...]
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This is must-see video from Representative Paul Kanjorski, the Capital Markets Subcommitee Chair. He says that back in September, we were literally 24 hours away from a complete meltdown in our economic and political system.
Some truly amazing quotes in here. Just a piece of it …
“Here’s the facts. And we don’t even talk about these [...]
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Chart of the ever-lovin’ day …
This chart is just the beginning of the new report I just sent to my Red-Hot Global Small-Caps subscribers, “3 Red-Hot Picks From Vancouver.” If you’re a subscriber, look in your in-box. If you’re not a subscriber, you can change that pretty quickly and act on these three recommendations immediately: click [...]
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I’m busy getting ready for my trip to Vancouver and the 2009 Vancouver Resource Investment Conference this weekend. So I’ll keep this brief.
First, a chart of Agnico-Eagle Mines (AEM: 57.55 +1.15 +2.04%). This will be of interest to my Red-Hot Global Small-Caps subscribers as well as anyone who bought by “Golden Parachute for 2009″ report …
Gold [...]
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Here’s a scary chart from the Council on Foreign Relations, showing that foreigners are buying far fewer long-term US bonds than they used to.
You can draw your own conclusions.
Meanwhile, just how bad off is Chrysler? So bad off that, when Fiat basically gets a third of the company for no money, we still have to [...]
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