Something Fishy Is Going On With The Dollar…….Just How Close To A Currency Disaster Are We?

| October 28, 2009

Comparison Of Commercial vs. Residential Real Estate Changes

| October 20, 2009

Einhorn Bets On Major Currency ‘Death Spiral”

| October 19, 2009

Oct. 19, 2009, 2:39 p.m. EDT NEW YORK (MarketWatch) — Greenlight Capital is betting on the possibility of a major currency collapse and a surge in interest rates, the hedge-fund firm’s manager David Einhorn said Monday, citing ballooning government deficits in some of the world’s most developed countries. Einhorn, who warned about Lehman Brothers’ frailty […]

Dirty Swines…..Minnesota Pigs Tested Positive for H1N1

| October 16, 2009

Minnesota Pigs Tested for H1N1, May Be First in U.S.   By Whitney McFerron Oct. 16 (Bloomberg) — Three pigs from the Minnesota state fair have been “tentatively identified” as having swine flu in what may be the first U.S. cases of the H1N1 virus among domestic livestock. The pigs were tested at the fair […]

Dow 10,000….That Was Then, This Is Now

| October 15, 2009

That Was Then, This Is Now – In his terrific “Big Picture” blog, Barry Ritholtz cited a neat 1999 comparison by Peter Boockvar.  Here’s the citation…… With the DJIA approaching 10,000 again, let’s reminisce about 1999, the year it first passed that magic level on March 29th. Millennium by the Backstreet Boys was the best […]

China And Exxon Mobil Are Locked In A Bidding War Over Large New Oil Find…..

| October 14, 2009

“China National Offshore Oil Corp and Exxon Mobil are about to enter a bidding war over oil-rich water near Ghana. At stake is ‘Jubilee,’ a recently discovered offshore site that probably holds a couple billion barrels of oil. This isn’t China’s state-owned offshore oil company’s first foray into the global energy grab, but its one […]

This Is One Very Big Company…….

| October 6, 2009

Exxon Mobil Passes PetroChina as World’s Most Valuable Company By Joe Carroll Oct. 6 (Bloomberg) — Exxon Mobil Corp. overtook PetroChina Co. as the world’s most valuable company, ending a four-month reign by the Beijing-based oil producer after price controls in China failed to keep pace with rising crude costs. State-controlled PetroChina’s Shanghai-traded shares have […]

Top Ten Oil Consumers Of The World…..Nothing Surprising Here

| September 30, 2009

World Gold Holdings And One Reason For A Lower Dollar………………

| September 22, 2009

This Just In From Jim Sinclair, The Most Successful Commodity Metals Trader Of All Time………………..

| September 21, 2009

China, Russia and the rest of the BRICs will bring the Super Sovereign Currency alternative to the G20 discussion. We have seen that developing over the last few weeks. We know that the main thrust of the G20 where the West is concerned is banking regulations and a unified commitment not to withdraw from anti-deflationary, […]

How Does Your Wealth Stand Up To The Averages………

| September 18, 2009

Total houehold wealth is up 3.9% April through June 2009, but  is still down by 19% from the high reached back in the third quarter of 2007.  To put things into another perspective, just do tthe math on the next chart from 2007.  To do the math….hint, we are subtracting  the 19% loss that we’ve had since the third quarter 2007  from […]

Natural Gas Prices Crash And Burn………

| September 3, 2009

Natural Gas Tumbles to Lowest Since March 2002 on Supply Gain By Reg Curren Sept. 3 (Bloomberg) — Natural gas futures extended a decline in New York, falling to the lowest level since March 2002, after a government report showed stockpiles expanded more than average to a record for this time of year. Supplies rose […]

Giant New U. S. Oil Find In Gulf…..The Tiber Prospect In The Gulf Of Mexico May Contain More Than 3 Billion Barrels of Oil

| September 2, 2009

BP Makes ‘Giant’ Oil Discovery in Gulf of Mexico By Eduard Gismatullin Sept. 2 (Bloomberg) — BP Plc, Europe’s second-largest oil company, reported a “giant” discovery at the Tiber Prospect in the Gulf of Mexico that may contain more than 3 billion barrels, after drilling the world’s deepest exploration well. The well is located about […]

Rick Ackerman: True Bottom Lies Far, Far Below……Ditto On That One

| August 31, 2009

By: Rick Ackerman Rick’s Picks Monday, August 31, 2009 “Phenomenally accurate forecasts”   Because we never shared investors’ wild enthusiasm for Cerberus, its near-collapse in recent days hardly came as a shock. The once-huge private-equity firm specialized in distressed assets at a time when even the bluest of blue-chip companies – the name Lehman Brothers springs […]

It’s All About Oil and The Economy……….

| August 26, 2009

According to the US Department of Energy, liquid fuel demand in the developed nations peaked in August 2005 at 41.89 million barrels per day. Since then, it has plunged by 3.6 million barrels per day to 38.27 million barrels per day. However, you may want to note that despite these tough economic conditions, consumption has […]

More From Rick Ackerman On Inflation…………..

| August 19, 2009

Hyperinflation Won’t Be Like Germany’s By: Rick Ackerman   Rick’s Picks Wednesday, August 19, 2009 “Phenomenally accurate forecasts”   I thought I’d overdosed on the inflation vs. deflation debate, but that was before I started reading Adam Fergusson’s When Money Dies: The Nightmare of the Weimar Collapse. Fascinating stuff. Anyone who thinks it couldn’t happen here […]

Gold…….More Opinions

| July 21, 2009

Why Gold Should Anchor a Portfolio By: Rick Ackerman   Rick’s Picks Tuesday, July 21, 2009 (Following is the fourth in a series of articles on gold by Chuck Cohen, a financial consultant and lifelong resident of New York City.) Recently I discussed some of the reasons investors often fall short. Today I want to […]

More Thoughts On Gold…………….

| July 20, 2009

GOLD THOUGHTS by Ned W. Schmidt, CFA, CEBS Schmidt Management Company July 20, 2009 Failing economic policies of the Obama Regime are setting the stage for the next significant rally for $Gold as massive debt monetization becomes necessary. Before going into that though, we need to understand the situation with the U.S. economy. That will […]

Rick Ackerman on Wall Street and the S&P Rally……..

| July 17, 2009

 Huge Rally? Don’t Laugh……..By: Rick Ackerman, Rick’s Picks     Rick’s Picks Friday, July 17, 2009 “Phenomenally accurate forecasts”    Just because there are a dozen great reasons to hate stocks right now doesn’t necessarily mean they can’t go much higher. Not only that, the bear rally could continue for quite a while – till 2011 […]

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