Top Story
Nov 19th, 2009 |
By Bill Bonner |
Category: Financial News, Top Story
Resident voice of reason at The Daily Reckoning, Bill Bonner takes a hard look at Goldman Sachs and replaces jealousy with admiration.
“We pick up sword and shield, ready to fight for Goldman, after reading the Financial Times. The FT has devoted a whole page to Goldman bashing. It’s time someone stood up to say a kind word for the firm.”
Tags: Admiration, Animal Spirits, Bill Bonner, Daily Reckoning, Family Dwellings, Financial Times, First Time Buyers, Goldman Sachs, Homebuilding, House Tax, Jealousy, Kid On The Block, Kind Word, Obama, recession, Residential Construction Industry, Shysters, tax credit, Voice Of Reason, Wall Street Investors
Posted in Financial News, Top Story |
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Nov 18th, 2009 |
By Andrew Snyder |
Category: Top Story
All eyes and ears are on the Fed this week. With Bernanke in New York discussing potential new bubbles and the New York Fed getting heat for overpaying AIG’s many creditors, investors are having a tough time knowing exactly who to follow.
For those of you who hold up the “Fire the Fed” signs, move over. I am thinking about joining your camp.
Tags: AIG, Bad Stuff, Bernanke, Central Banks, Country Billions, Economic Collapse, Emergency Loans, Eyes And Ears, Financial Failure, Goldman Sachs, Holdout, Merrill Lynch, New York Fed, Obama, Pelosi, Societe Generale, Special Inspector General, Tangible Effect, TARP, Tim Geithner
Posted in Top Story |
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Nov 3rd, 2009 |
By Andrew Snyder |
Category: Gold Market, Top Story
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.”
Posted in Gold Market, Top Story |
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Sep 29th, 2009 |
By Contrarian Profits |
Category: Politics & Economics, Top Story
David Rosenberg, chief economist for Gluskin-Sheff, is a contrarian with a superior intellect than our own. That’s why we hang on most every word he says.
Tags: Bailout, Banking Sector, Budget Deficit, Canadian Economy, Canadian GDP, Commodity Exports, David Rosenberg, National Debt, precious metals, Secular Bull Market
Posted in Politics & Economics, Top Story |
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Sep 16th, 2009 |
By Contrarian Profits |
Category: Top Story
Our trip to Paris served as a brief distraction from the “good news” chatter that MSM floods us with. “Global confidence index holds at record high as signs recession has ended,” reads Bloomberg. Yesterday, Chairman Ben indicated that the recession is over, sending stocks and commodities higher.
Tags: deflation, Federal Deficits, National Debt, recession, Stimulus, Stocks And Commodities, World Economy
Posted in Top Story |
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Sep 11th, 2009 |
By Contrarian Profits |
Category: Gold Market, Top Story
In the spirit of not suffering from confirmation bias, in today’s Notes we will try to make the bearish case against gold. So before you storm Notes HQ in Buenos Aires craving blood, hear us out. Many of our staff here love gold and have long term holdings.
Tags: Exchange Traded Fund, Gold Bugs, Gold Rush, Gold Stocks, precious metals, Price Of Gold
Posted in Gold Market, Top Story |
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Sep 10th, 2009 |
By Contrarian Profits |
Category: Top Story
Economist Joseph Stiglitz doesn’t think too highly of the green shoot talk either. On Thursday he told reporters that, “It’s not clear that the U.S. is recovering in a sustainable way”.
Posted in Top Story |
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Sep 3rd, 2009 |
By Contrarian Profits |
Category: Top Story
We received a letter snooty letter recently accusing us of confirmation bias. Maybe we are only capable of seeing the bearish side of the story?
Tags: financial advice
Posted in Top Story |
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Aug 31st, 2009 |
By Contrarian Profits |
Category: Top Story, US Dollar & Forex Trading
Say goodbye to the US dollar as the world’s reserve currency. Writing in the Washington Post, Nobel Prize-winning economist Joseph Stiglitz says America’s massive deficit means a new global reserve system is approaching.
Tags: American Economy, Demise Of The Dollar, Global Currency
Posted in Top Story, US Dollar & Forex Trading |
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Aug 27th, 2009 |
By Contrarian Profits |
Category: Top Story
Is this the beginning of a new bull market or just a last-gasp bear market rally? We just don’t know. We’ve got a hunch is all. According to value investing guru David Dremen, it doesn’t matter much, either.
Tags: bear market, deflation, Economic Downturn, Fiscal Stimulus, Market Rally, Treasurys
Posted in Top Story |
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