From the category 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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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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In an article I just turned in for Dow Jones Marketwatch (it will be published in March) I wondered about the safety of Caribbean Banks — the ones that promise “ultimate privacy” for discerning clients. Basically, they’re banks where you go if you …
A) think you’re going to get sued and want to shelter some [...]
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yesterday, my subscribers got a report on a Canadian-based company exploring for silver in Mexico — Mag Silver. The company has a new resource estimate out today. Read it here: http://tinyurl.com/dcte8g
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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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You might say he’s only adding to my freak out. Check out the latest …
Renowned investor George Soros said on Friday the world financial system has effectively disintegrated, adding that there is yet no prospect of a near-term resolution to the crisis.
Soros said the turbulence is actually more severe than during the Great [...]
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