Taipan Daily’s Justice Litle review the current trends of gold, the U.S. Dollar and small caps. Finding surprising strength in the dollar in the short term, he finds greater strength in gold and gold stocks for the long term.
When it comes to healthcare reform, people believe some very strange things. Or so says Cliff Asness, founder of AQR Capital Management. Today, the seven biggest “myths” are exposed…
If there’s anyone worth listening to in Washington these days, it’s Paul Volcker. So why is the great man nowhere to be found? When it comes to the ups and downs of the economy, there is only one man who can claim to have seen it all – Paul Volcker. At six-foot-seven, Volcker towers over all other policy makers in both the literal and figurative sense.
Does “stimulus” really work? Does quantitative easing work? The historical record suggests not. So what brought us out of the Great Depression? The answer might surprise, even though it shouldn’t… A grumpy President Obama says that the $787 billion dollar stimulus package “has worked as intended.”
If you’ll forgive the indulgence, today I’d like to respond to an interesting – and personal – reader inquiry. The question may not have been intended as personal, but it wound up inspiring a fair bit of reflection. Here it is:
The most profitable business in the world isn’t big oil. It’s organized crime. And the global financial crisis has unleashed more opportunity for the kings of crime than ever before…
One way to hedge against inflation is to buy gold and silver. This is what hedge fund legends John Paulson and David Einhorn are doing. As Justice Litle pointed out last week in Taipan Daily , Paulson and Einhorn “have gold and gold stock positions running well into the multi-billions for their respective funds.”
Suddenly, and with little warning, geopolitical risk is back. With all the thundering force of an underground nuclear explosion, our heads are turned to the globe’s unstable flashpoints once again… Suddenly, and with little warning, geopolitical risk is back.
What’s the true cause of inflation? Jimmy Carter underrated? Really? And what makes Von Mises right after all these years? Read on to find out…Thank you (once again) for all your excellent responses on the Obama-Carter connection. When your thoughts and comments roll in, my only lament is a lack of space in which to reply.
Could America be headed for a replay of the 1970s? More specifically, could America’s much-feted president wind up as the next Jimmy Carter?
