Dear Subscriber, I was recently talking to my mother, and she started talking about the evil credit card companies, and how they were out to get us all — right now —…
Tag: Financial Commentary
The Next Bust: The “Risk Trade”
A lot of focus was given to the central banks’ meetings this week. That’s because a lot of people would really like to see target rates start moving up from their low…
Seven Reasons China Will Lead the Global Economic Recovery
The recent -21% tumble in the Chinese markets had investors around the world bailing out of China as fast as they could. But, this sell-off actually created one of the biggest buying…
Barack Obama’s Hush-Hush $1.4 Billion Carbon Competition
As the world trained its eyes on Copenhagen last Friday to learn the location of the 2016 Olympic Games, I sat in a bar in Washington, D.C., with an old friend. We…
How to Trade China with ETFs
by Ron Rowland Right now, China is celebrating 60 years of Communist party rule. Most of the party-goers aren’t old enough to remember anything else, of course, but that isn’t stopping the…
Buffett Lost $10 Billion While This Little-Known Billionaire Tripled His Net Worth
Published: October 6, 2009 Twenty million dollars’ worth of poker chips sat on the table. I watched as bets went into the pot — $100,000 at a time. A single hand could…
Red October
By: Larry LaBorde Get ready for next month. I always find myself approaching October with a little trepidation. As soon as all those 3rd quarter earnings (or lack thereof) start coming in…
Credit Card Noose Tightens in Deflation
By: Rick Ackerman, Rick’s Picks When B of A spokesman Lawrence DiRita turned up on the evening news not long ago to assure listeners that his employer was willing to work on…
Fed Promises Easy Money for an Extended Period
by Claus Vogt Every few weeks the world’s most powerful and influential central bankers — those in charge of the world’s number one reserve currency, the U.S. dollar — come together in…
Sprott Says Gold Price Driven by Crumbling U.S. Dollar
By Lawrence Williams MineWeb In its latest statement on global markets Canada’s much respected Sprott Asset Management points to the ever increasing doubts on the status of the U.S. dollar as the…