Contrarian Profits
Stock marketing investing news and opinion from a contrarian perspective with insights about commodities, gold investing, oil, energy, china, the Fed, inflation, deflation, and global markets
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Another Record Debt Sale = Record borrowing for the U.S.
Ian Mathias (The Daily Reckoning): The U.S. government will finish its historic streak of debt sales today with a record $16 billion offering of 30-year bonds. This will pile on top the $65 billion in 3-year and 10-year paper auctioned earlier this week, both records in their own right. It’s worth n …
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How to play the dangerous dollar
Baltimore – (TFN): The dollar is a dangerous entity these days. Never has there been such a globally important currency with as much political and financial manipulation. The distortions from reality are mind-boggling, yet all of us depend on the status of the simple fiat for our financial wellbeing …
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Investment Basics: Ten Rules for Success
Keith Fitz-Gerald (Money Morning): With all the financial woes in the global economy, the worst thing an investor can do is to “freeze up.” With all the ups and downs in the market, it’s all too easy for investors to allow their emotions to take control. That’s when the smallest mistakes turn into t …
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Japan’s Lost Decade – is it too late for U.S. to learn from their mistakes?
Bill Bonner (The Daily Reckoning): The Dow rose again yesterday – up 44 points. Gold went up too – to a new record of $1,114. Can anything stop stocks and gold? Trees do not grow to the sky, dear reader. And for every bounce there is a bust. “It’s amazing, the US is doing everything that Japan di …
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The best sector for your money right now
Baltimore (TFN): I cannot say with total certainty that duct tape has ever saved my life. But I can say it has saved the day on more than one occasion, like the time I fell feet first into a frigid river, roaring with the power of Alaska’s springtime snowmelt. In the woods, you have to dry off fast …
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Reading between the lines: What the Kraft-Cadbury takeover bid says about the markets at large
John Stepek (Money Week UK): Deal making is back! That was the general reaction from the press when US food giant Kraft launched its first bid for British confectioner Cadbury less than two months ago. Pundits spewed out potential target prices like bingo numbers £8, no £10, no £12! – and analysts …
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Old-fashioned commodities; old-fashioned strength
Chris Mayer (Penny Sleuth): “If you can tell me something else where the fundamentals are so attractive…I’d be happy to put my money there,” said Jim Rogers, the famed investor and self-made billionaire in a recent interview. “But I don’t know of any other place.” What’s he talking about? Today, w …
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The end of efficient markets
Baltimore (TFN): How efficient are the markets? It is like asking how smart is the human race We all know the answer, but few of us are willing to suck in our pride and admit there are a few dim bulbs among us. Judging by the sudden rise in fame of Levi Johnson or Balloon Boy’s antics, the human br …
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Fine Wines – not your grandfather’s Investment Fund!
Up 9.5% over 12 months, the Liv-ex 100 Fine Wine Index (below) has clawed back some of last years losses, when the industrys main benchmark index fell 14.6% in 2008. So should you be piling into the fine wine market? Probably not. First off, new Asian buyers and a whole pile of Johnny-come-lately ty …
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What the German experiment can teach us about the future of U.S. wealth
Bill Bonner (Daily Reckoning) – In 1949, the Soviets and the Allies divided Germany into two parts. One part followed a traditional capitalistic path to reconstruction. The other part took the socialist road. Remarkably, they kept this test going for 40 years. Of course it was misery for many of the …
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India & China: hoarding gold and shunning dollars
Byron King, Whiskey and Gunpowder Let’s review the big picture for gold. What’s going on? And what are people saying? For much of 2009, gold traded in the range of low-mid $900 per ounce. There was a dip over the summer, with a strong upswing starting in September. Gold is now trading well over $1,0 …
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Measuring your real wealth
Baltimore (TFN): What is wealth? It is a question all of us need to ask ourselves every so often. If not, we lose track of where we are heading and where we’ve been. As you’re reading this, I am nowhere near my computer. In fact, I’m not even in the office today. I spent the last three days increas …
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Going Long on the Dollar? Go Longer on Gold!
Taipan Dailys Justice Litle review the current trends of gold, the U.S. Dollar and small caps. Finding suprising strength in the dollar in the short term, he finds greater strength in gold and gold stocks for the long term. Justice Litle, Editorial Director, Taipan Publishing Group Gold, small cap …
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Is it time to panic?
Baltimore-(TFN):Time to panic? If you are part of the Obama administration the answer is yes. If you are an American investor, hold off on the freaking out for at least another month or so. With the nation’s unemployment rate officially in double-digit territory and the under-employed rate ready to …
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Will Bernanke Kill Santa Claus?
The Fed is meeting today. And I ask who cares? At this point, Bernanke and his troupe of politicians masquerading as economists are in so far over their heads, no matter what they do or say, you can bet the move is designed to protect their butts, not yours. With the global economy taking off witho …
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Brace, Brace, Brace – We’re Goin’ Down!
Believe it or not, I used to be a fishing guide. And a darn good one, too. It feels like a past life these days, but some of the memories of my summers spent in Alaska’s pristine wilderness come streaking back to me at the oddest of times. Like today, for instance. Everywhere I look, there is evid …
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The best way to get through a debt crisis?
What’s the best way to get through a debt crisis? Straight through was our advice last week. For at least a thousand years, the business cycle went round and round without help from central bankers or economists. It is only since these geniuses have been on the case that really serious problems have …
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Time to dump gold?
Gold gained yet another powerful ally yesterday — hedge fund icon Paul Tudor Jones. The man who famously called Black Monday in 1987 and the Nikkei crash a few years later now thinks “gold appears to be cheap.” In a note to his investors, Tudor said, “I have never been a gold bug. It is just an asse …
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Welcome to Notes Version 2.0
Baltimore (TFN): Welcome to Notes version 2.0. As Will moves on to his next successful endeavor at the family office, I could not be more pleased and nervous to be at the helm. After all, he set the bar high. What a time to be part of such a popular, well-regarded newsletter. From what I’ve heard …
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Today’s the day for gold bugs
Baltimore (TFN): Today’s the day. If you have ever hunted for undersea gold, you likely know Mel Fisher’s famous mantra. The great shipwreck hunter used the line thousands of times before it became the undeniable truth on the day he uncovered the “Atocha mother lode.” While today’s record-breaking …
Contrarian Profits
