Here’s A Look At Dubai’s Debt………

| November 30, 2009

How Far Behind Britain Is The United States

| November 30, 2009

Is Britain On The Brink Of Financial   Armageddon? By James Palumbo A year ago, the world reacted with astonishment as Iceland technically went bust. It seemed inconceivable that a modern democratic nation could have such parlous finances that only an emergency $6billion bail-out from the International Monetary Fund enabled its economy to keep functioning. […]

So You Think You Got It Tough……Think Again!

| November 23, 2009

Treasury Bills Yielding Zero Make 1938 Moment…..Buyers Beware

| November 22, 2009

Bills Yielding Zero Make 1938 Moment By Liz Capo McCormick and Daniel Kruger Nov. 23 (Bloomberg) — For the first time in seven decades, Treasury bills are paying no interest while stocks continue to appreciate — a divergence in U.S. financial markets that might be perilous if Federal Reserve Chairman Ben S. Bernanke didn’t know […]

H1N1 Deaths Doubling Almost Every Two Weeks in Europe

| November 22, 2009

H1N1 Deaths Doubling Almost Every Two Weeks in Europe By Jason Gale Nov. 23 (Bloomberg) — Swine flu deaths have doubled almost every two weeks since mid-October in Europe, with 166 occurring in the past week, the European Center for Disease Control and Prevention said. Across the region, 667 people infected with the new H1N1 […]

Barron’s Big Money Poll……For Fall 2009

| November 21, 2009

$4.8 trillion – Interest on U.S. Debt

| November 20, 2009

Shocking and hard to believe, but real. Do you want gold as insurance or the dollar long-term? $4.8 trillion – Interest on U.S. Debt Unless lawmakers make big changes, the interest Americans will have to pay to keep the country running over the next decade will reach unheard of levels. By Jeanne Sahadi, CNNMoney.com senior […]

Paulson: Gold’s Bull Run Is Just Beginning….He’s Talking Years, Not Months

| November 20, 2009

Paulson: Gold’s Bull Run Is Just Beginning November 19, 2009 By Simon Avery John Paulson, lionized by many investors for his winning bet on the fall of the housing and financial markets, is now getting aboard the gold wagon. The hedge fund manager told his investors that even at $1,150 an ounce, the bull run […]

Mortgage Delinquencies And Foreclosures…..Are We There Yet?

| November 19, 2009

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What The Hell Did I Hit To Get This Turned Around…..Oh, The U.S. Economy!

| November 19, 2009

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Don’t Worry About A Thing, I Got Your Back Side Covered

| November 19, 2009

Some Food For Thought On The Ultimate Store Of Value, Gold…..

| November 19, 2009

Jim Rickards: If gold is money again, at some point it goes to at least $4,000….How could this happen?  Easy if countries of the world print to much currency. Thursday, November 19, 2009 Daily Dispatches   Today Jim Rickards remarked that the United States and China are devaluing their currencies against each other in a game of […]

Chart Of The Day……….Federal Reserve Custodial Accounts (U.S. Debt Holdings Of Foreign Central Banks)

| November 19, 2009

This chart says one thing bigger then anything else……..higher interest rates are only a matter of time.  The smartest guys on Wall Street starting with David Einhorn of Greenlight Capital  are betting on higher interest rates, forced by the market place, will happen sooner rather then latter starting in the United States and Japan.  (He is a critic […]

Fidelity Says 401(k) Savings Accounts Recover From 2008 Decline

| November 19, 2009

Nov. 19 (Bloomberg) — Fidelity Investments said the average balance on customers’ 401(k) retirement accounts has returned to September, 2008 levels on contributions and third- quarter investment gains. Account balances in plans for U.S. workers benefited from the 22 percent year-to-date gain in the Standard & Poor’s 500 Index along with continuing employee contributions, the […]

Meredith Whitney Is The Top Ranked Analyst On These Matters, Worth Listening To

| November 19, 2009

Nov. 19 (Bloomberg) — Meredith Whitney, the analyst who cut her rating on Goldman Sachs Group Inc. last month, said the bank has lost some of its top-performing employees as executives left to start their own investment companies. “Goldman’s lost a tremendous amount of talent going to set up their own hedge funds,” Whitney, founder […]

Are We There Yet…….FHA, Prime Mortgage Defaults at Records on Job Losses

| November 19, 2009

FHA, Prime Mortgage Defaults at Records on Job Losses By Kathleen M. Howley Nov. 19 (Bloomberg) — Foreclosures on prime mortgages and home loans insured by the Federal Housing Administration rose to three-decade highs in the third quarter, driven by the biggest job losses since the Great Depression. One out of every six FHA mortgages […]

The Presidential Pledge……A New Car In Every Garage And A Derivative In Every Account

| November 18, 2009

So Tell Me Again, How’d Goldman Sachs Make All That Money?

| November 18, 2009

Don’t Worry About A Thing, I Got Your Back Side Covered

| November 17, 2009

Markets Trying To Look Strong Until Year End…..If The Dollar Stays Weak, Then The Markets Will Likely Continue Strong

| November 17, 2009

And The Winner Is……Google In A Land Slide

| November 17, 2009

 From www.ingerletter.com

Industrial Production Recovery Comparisons

| November 17, 2009

From www.ingerletter.com

NASA Blast Costs $79 Million…..Hmm

| November 14, 2009

Nov 14, 2009 Nasa had predicted that the impact would be powerful enough to send a 6km high plume of dust up from the Moon’s surface that would be visible from Earth through a telescope Substantial water reserves have been found beneath the Moon’s surface, Nasa announced yesterday, paving the way for a permanent lunar […]

Holy Moley Is This Ship Big…..Five Times Larger Than The Titantic

| November 14, 2009

FORT LAUDERDALE, Fla. (AP) – The world’s largest cruise ship has arrived in South Florida.The 16-deck Oasis of the Seas docked Friday at Port Everglades in Fort Lauderdale. It set sail from Finland to Florida in late October. Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or […]

Fishy Dollars………Not Worth Anything, Just Throw The Scavinger Back

| November 12, 2009

Fannie, Freddie Warn On More Losses In SEC Filing

| November 12, 2009

Fannie, Freddie Warn On Losses    By NICK TIMIRAOS Fannie Mae and Freddie Mac, already reeling in red ink, are warning they could face additional losses from the weakening condition of mortgage-insurance companies. Fannie and Freddie together have required capital injections from the Treasury of $112 billion since the government took them over through conservatorship […]

Foreclosure Notices Hit Record High………

| November 12, 2009

Senator Chris Dodd Working On The Most Compicated Regulatory Bill Ever……..

| November 12, 2009

Sen. Chris Dodd unveiled a whopper of a bill, one that might cause the biggest financial and monetary shakeup…umm…ever. Like most of Congress, we’ve barely cracked the 1,136-page affair…but here’s what we’re picking up thus far: Under the proposed bill, the Fed gets stripped of almost all its banking oversight and consumer protection powers. Bernanke […]

Looking Good As long As This Lasts…..

| November 11, 2009

THE G-20 MET LAST WEEKEND AND MADE IT VERY CLEAR NO MONETARY TIGHTENING WOULD OCCUR AT THIS TIME In effect, the G-20 said all systems are go for economic expansion globally.  The G-20 said in their news release, “Economic and financial conditions have improved following our coordinated response to the crisis.  However, the recovery is […]

Hmm…..Things May Get A Little Squirrely Going Into The End Of The Year

| November 11, 2009

Crop Failures Are Now On The Horizon And This Will Be Inflationary

| November 10, 2009

Much of the middle of the nation — from the Great Lakes to the Mississippi Delta — received at least twice the normal amount of rainfall in October. That, combined with unusually cool temperatures, slowed crop development and made fields too wet for farmers to navigate with harvesting equipment. By Sunday, farmers in the major […]

Gene Inger’s Daily Briefing . . .Left Field Surprises

| November 10, 2009

Gene Inger’s Daily Briefing . . . For Wednesday November 11, 2009: Good evening; Left-field surprises . . . have ways of impacting over-extended markets occasionally we have observed; irrespective of whether the market ‘deserves’ to decline (as surely this one does). As if to remind the world of the power of cyber-terror; guess what […]

Foreclosure Activity Is Up In The Top 50 Metro Areas

| November 10, 2009

Many of the Top 50 metro areas in the US are reporting “sharp increases in foreclosure activity. “Rising unemployment and a new variety of mortgage resets continued to gradually shift the nation’s foreclosure epicenters in the third quarter away from the hot spots of the last two years and toward some metro areas that had […]

Gene Inger Checks In With His Daily Briefing……….

| November 9, 2009

Gene Inger’s Daily Briefing . . . for Tuesday November 10, 2009: Good evening; Bears are caving-in . . . increasingly, as they become convinced that so long as the ‘untouchable’ Fed engages in cover-up’s of the problems, and stimulates massively it is impossible to break the stock market for more than 3-6% corrections (which […]

Quote Of The Day……..

| November 8, 2009

Few men have virtue to withstand the highest bidder.                                                                              George Washington  

U.S. News & World Report Publisher Mort Zuckerman: U.S. On Brink of Deflation Crisis

| November 8, 2009

Zuckerman: U.S. On Brink of Deflation Crisis   Friday, November 6, 2009 9:52 AM        By: Gene J. Koprowski    The U.S. is on the precipice of a deflation crisis, one which will devastate consumers and businesses alike, publisher Mort Zuckerman writes.“Inflation typically results from too much money chasing too few goods,” writes Zuckerman in U.S. News […]

Paul Volcker: U.S. Must Consume Less

| November 8, 2009

Volcker: U.S. Must Consume Less   Friday, November 6, 2009 11:56 AM            By: Dan Weil   Former Federal Reserve Board Chairman Paul Volcker says the consumer accounts for too much of the economy, a point he says is understood by President Obama and one which implies political support for a weaker U.S. dollar.In a recent speech, […]

At Least The United States Government Is Locking In A Low 30 Year Rate

| November 5, 2009

U.S. to Sell $81 Billion in Long-Term Debt Next Week (Update2) By Rebecca Christie Nov. 4 (Bloomberg) — The U.S. Treasury Department said it plans to sell a record $81 billion in its quarterly auctions of long-term debt next week and will replace the inflation- protected 20-year bond with a reintroduced 30-year security. The Treasury […]

Not The Best Way To Deal With Your Major Banker

| November 5, 2009

US slaps duties on Beijing steel pipe imports By Sarah O’Connor in Washington Published: November 6 2009 The US hit China with another big trade action on Thursday as it slapped ­preliminary anti-dumping duties on $2.6bn worth of Chinese pipe imports. The commerce department’s decision to impose duties of up to 99 per cent on […]

Here We Go Again……Fannie Seeks $15 Billion in U.S. Aid After Ninth Straight Loss

| November 5, 2009

Fannie Seeks $15 Billion in U.S. Aid After Ninth Straight Loss By Dawn Kopecki Nov. 5 (Bloomberg) — Fannie Mae, operating under a federal conservatorship, said it will seek $15 billion in aid from the U.S. Treasury as its ninth straight quarterly loss once again drove the mortgage-finance company’s net worth below zero. A third-quarter […]

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