Q: How Do I Sleep at Night? A: Like a Baby. Like a Rich Baby “But you can’t short stocks… that’s immoral!” Trying to explain the concept of shorting stocks to friends…
Category: Sovereign Society Articles
Was it just a “bad year”?
Trailing 12-month Stock Returns Turn Positive For the First Time since Mid-2008 It’s been a busy year for investors, commentators, politicians…everyone. But after an historic crash and an equally historic rebound, things…
On Obama’s newfound thriftiness
“I will not sign a plan that adds one dime to our deficits either now or in the future. Period.” Barack Obama, 9/9/09 “I will cut the deficit in half by the…
The ticking time-bomb on Euro bank balance sheets
It’s a big mistake to assume that bank balance-sheets across Europe have already seen the worst as the global economic recovery enters its sixth month. Credit default swaps, contracting bank lending, tepid…
Run away from Wall Street’s Wedding Bells!
A corporate merger is a lot like a marriage — except marriage has a better chance of working out… The numbers are simple. Divorce rates in the United States are hovering above…
How to count cards at Wall Street’s casino and win
I’ve made the analogy between Wall Street and a casino before. And it fits. It’s a rigged game. That’s nothing new. But in the same way you can count cards to tip…
A Commodity Kingpin’s Candid Thoughts on Austria & Switzerland From the Road
There’s nothing more beautiful than Vienna in the summer. There’s also nothing better than waking up to Viennese coffee… The best coffee in the world, in my opinion, is in Vienna. The…
Bankster Economics 101
Politicians, Bankers Show their True Colors When Challenged By Bloomberg… “Give this job to Clemenza. I want reliable people, people who aren’t going to be carried away. I mean, we’re not murderers,…
How Would You Respond to An Obama Wealth Tax?
Pretend, just for a moment, that you’re President Obama. You have big spending plans – national health insurance, two wars, and a trillion dollar bailout for your friends on Wall Street. Not…
Will the stock market crash this September?
Big bears on the U.S. economy – myself included – remain negative on the prospects of a sustainable economic recovery. I continue to view this rally as an opportunity to sell risky…