The list of what we as humans will accept, if someone proves willing to offer it up; is literally endless.
Author Archive: The Market Man
The newspapers are a-buzz with stories of Obama’s trip to China. The Financial Times tells us what “he should have said.”
The Fed has promised to buy $1.75 trillion (yes, that’s trillion) worth of mortgages, many of which come directly from troubled banks like Citigroup.
Apparently the consumers aren’t reading the papers. Don’t they know a recovery is underway?
Whether you’re a gold bug or a silver buff, you’ve been a happy camper so far in 2009.
Here is a article by my favorite trader Jeff Clark from Agora Publishing.
I wanted to know if the gold coins would set off the airport security systems. I put my bag onto the belt and threw my shoes into a plastic bin.
With an undercapitalized banking system, most of this zero-interest-rate money is not working its way out into the economy.
The private sector isn’t borrowing. Every day brings more proof. Consumer credit contracted again in September – the 8th month this year.
The dollar has weakened sharply, while government bond yields have gently increased but stayed low and stable.
I’ve never stopped telling people to avoid banks and homebuilders. Through the rally since March, that looked like a mistake. I say screw the rally.
Despite losing your job, going to part-timer, having your salary reduced, and despite your home’s nest egg falling in value and your inability to get a loan, you’ve managed to increase your spending.
Canadian Maple Leafs, Aussie Kangaroos, and American Buffalos are the best coins to buy right now.