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How To Make Real Profits In The Virtual World
The video game industry has a reputation for being recession proof. And soaring sales this year suggest there are some great profit opportunities in the sector. That’s why the Money Morning team have created this comprehensive guide to virtual investing.
Recent Articles
Here are the most recent contrarian news and opinions articles from our select contributors. You'll find unique ideas about how to take advantage of what's happening in the financial world. Click on each of the headlines below to read the full story.
About Contrarian Profits
ContrarianProfits.com is a financial news and opinion website with a twist. As investment guru Rick Rule puts it, "You are either a contrarian or a victim." In the financial world, most people are losers because they just don't know what game they're playing. They think they can just get "into the market" along with everyone else, do what everyone else does, and they will make money. Not likely. By the time you've paid commissions, spreads, fees, taxes -- and suffered the consequences of inflation -- you'll be very lucky just to have as much money as you started with.
Featured
Tap Into Big Commodity Profits With Lundin Mining Corp (LMC)
Almost everything we use in modern society contains large amounts of raw materials. And they can't be mined fast enough to keep pace with demand, especially from emerging markets. Lundin Mining Corp. (NYSE:LMC) is a strong Canadian mining company, with no debt and world-class assets. And it is a steal at today's beaten down prices.
A Chance For 20% Gains With Aastrom Biosciences (ASTM)
Laura Cadden says Aastrom Biosciences, Inc. (NASDAQ:ASTM) is one of the hottest biotech stocks priced under $5. The company hopes to use its proprietary Tissue Repair Cell (TRC) technology to revolutionise treatment for heart disease. And it is making good progress through the trial phases. Laura says Aastrom is poised to make 20% gains in six months
The Dollar’s Not Done Yet… Here’s What To Do
Louis Basenese says those calling the death of the US dollar as the world's reserve currency are forgetting one vital detail: there is no alternative right now. In addition, more global rate cuts, de-leveraging and uncertainty should sustain the current dollar rally for a while longer. Louis selects three ways to profit from this trend.
Jersey's Secret "Gold-Backed" Currency Set to Double
Located just off the coast of Great Britain is a tiny island with the world's leading "gold-standard" currency. Unlike the plummeting U.S. dollar, this money, the Jersey Note, is fully backed by gold, and will never lose value due to inflation or global chaos. Over the next 18 months, investment expert Peter Schiff expects it to hand investors 70-100% gains... while the dollar sinks further.
So why haven't you heard of this ultra-safe money yet? And how can you convert some of your plunging dollar savings into Jersey notes in about five minutes?
TIP Bonds: A Contrarian Pick For Forward-Looking Investors
While the market panics about deflation, Eric Fry says forward-looking investors can profit by swimming against the tide. The Inflation-protected Treasury bond ETF (NYSE:TIP) has never been cheaper, meaning a great chance for gains as the government's mega bailouts feed through to higher prices.
$8 Trillion Reasons To Worry About Inflation
Nations do not purchase their prosperity, says Eric Fry. Since this crisis started last year, the government has thrown around $8 trillion at the problem. But these are banknotes that it has manufactured for itself. And that's why we may soon face a severe threat from inflation.
5 Ways To Profit From Agriculture’s Rebound
We haven't yet seen the worst of this credit crisis, says Chris Mayer. A lack of funding is forcing farmers to reduce crop planting. And that will soon send commodity prices soaring again. Chris finds five beaten-down fertilizer and irrigation companies that will benefit as agriculture rebounds.
Why Now Is A Great Time To Buy Goolge (GOOG)
Google Inc. (Nasdaq:GOOG) is well established as internet search-engine champion. And its rapid expansion into other technologies means the company is poised to bounce back strongly when the financial crisis is over. Money Map Report editor Horacio Marquez says the current market downturn provides the perfect opportunity to buy Google stock at a bargain price.
3 Energy Plays For ‘Green-Friendly’ Obama
Investors should prepare for a "green friendly" government says David Fessler. One of Obama's first steps will be to make American homes and offices more energy efficient. And that means big gains for three companies directly involved in producing energy saving devices...
2 Small Caps (GXDX, APEI) For 50% Gains In One Year
In the year following six major bear markets of the last century, small cap stocks soared an average 82%. But Louis Basenese says only the most compelling and innovative small caps will make these mouthwatering gains. He says Genoptix, Inc. (Nasdaq:GXDX) and American Public Education, Inc. (Nasdaq:APEI) are two small caps that should be up 50% by this time next year.
Politics & Economics
The Inevitable Fate Of Our ‘Zombie’ Economy America’s credit-based consumer economy is dead, says James Howard Kunstler. The government and its zombie banks are trying to preserve the status quo. But activities based on getting something-for-nothing will soon be replaced by those producing the things we need to survive. And in this economy, there will be enough work for everyone…
Gold Market
Gold Slips Nearly 3 Percent As Oil Falls, Dollar Firms Gold fell nearly 3 percent on Monday as oil prices slipped more than $2 a barrel after OPEC’s decision to leave production unchanged at a meeting at the weekend, and as the dollar firmed against the euro.
Stock Market Investing
Retailers Still Ripe For Shorting The outlook is bleak for retailers, says Adam Lass. As job losses mount, households are cutting back on all non-essential spending. And massive government bailouts won’t reach the high street in the near future. Adam says investors should continue to short the retail sector.
Emerging Markets
How China And Brazil Could Spark A Rebound In Food Prices Two of the top emerging markets are grappling with food production and costs - resulting in higher prices in the months to come. The outlook for China and Brazil could portend higher grain prices, giving investors a chance to cash in on a potential rebound.
International Investing
Austria: More Than Just A Financial Haven Austria is justifiably famous for its banking system—particularly for its bank secrecy law, which has the same legal status as the Austrian Constitution. But while Austrians take their financial privacy very seriously, there’s another aspect of Austria that doesn’t get as much attention: residence.
Oil Investment & Alternative Energy
Oil Falls Below $53 After OPEC Defers Output Cut Oil down more than $2 after no cut from OPEC… OPEC to discuss 1 to 1.5 mbpd cut later in December… Saudi Arabia cites $75 a barrel as “fair price”
ETFs
Why You Should Be Switching To ETFs Oxford Club’s Alexander Green says making the switch from mutual funds to ETFs can save thousands in taxes and expenses. Changing funds now can also help psychologically, by locking this year’s huge losses in the past. Alex lists eight ETFs that can “help turn market lemons into lemonade.”
Real Estate Investments
Commercial Real Estate - the Next Show to Drop The residential real estate sector is in shambles and, some economists say, will not recover until the end of 2010, at the earliest. Now it looks like commercial real estate may be the next block to fall in our “Jenga economy.”
US Dollar & Forex Trading
Back to Risk Aversion Japanese yen rallies… Renminbi stumbles… A very tough data week in store… Rate cuts all around the world… And Now… Today’s Pfennig!
