Silver is fundamentally undervalued – especially relative to gold. Both will do well during a currency crisis, according to Jim, but silver could outperform. Jim also comments on agricultural commodities in this rapid-fire Q&A session.
Rosenberg: “We believe the US economy is in a modern day depression”Sure, this looks different from the 1930s…but soup kitchen lines today come in the form of millions of unemployment checks that are mailed to unemployed Americans. 99 weeks worth of checks, that is. |
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Guggenheim 1930s Comparison: ‘Following the Mistakes of a Hero’“What derailed the recovery of 1933 to 1937? The short answer is that it was a confluence of factors, a perfect storm of monetary and fiscal policy mistakes.” |
Global Forex Trading up 20% Since 2007BIS released their triennial central bank survey of foreign exchange and derivatives market activity. Key findings on the global foreign exchange market: Global foreign exchange market turnover was 20% higher in April 2010 than in April 2007, with average daily turnover of $4.0 trillion compared to $3.3 trillion. The increase [...] |
Double Dip Is Here!Check out the archive of Sri-Kumar’s September 1st webcast: The Double Dip is Here! LINK TO WEBCAST ARCHIVE LINK TO WEBCAST PPT PRESENTATION |
6 Reasons Why We are Currently in a Double Dip (or Never Left the First Dip)With everyone running around quoting the probabilities that we will enter a double dip, it might be worth taking 5 minutes to step back and ask if we’re already in a dreaded double-dip (or if we ever left the first dip, for that matter). Here are 6 reasons why we’re [...] |
Guest: Things are lining up but we aren’t quite there yetGuest post by Bulls, Bears & Pigs The market has acted rather poorly following Friday’s ramp. Despite all the bullish contrary indicators it trades heavy and has the feel that it wants to go lower still. I mentioned in my prior post some of the nagging doubts I had about [...] |
The Paradox of the Zero BoundFor those who have heard calls that the Fed should raise short-term rates to avoid a deflationary trap, but cannot see how that could help promote growth, Bill Hester of Hussman Funds provides an explanation. He also illustrates investing tactics within such an environment, which feels more like a poker [...] |
Overdose – The Next Financial Crisis (Video: Parts 1, 2 & 3)Overdose is a must see ABC /Four Corners documentary on the current financial and economic crisis as it developed over the past decade and as it is expected to evolve over the coming decade. “This is the story of the greatest financial crisis we’ll ever see…the one that’s on its [...] |
Worst to Come for U.S. Retail Sales: VideoRetail analyst extraordinaire, Davidowitz, comments on the state of the US consumer: “The consumer is out of money….They have no jobs. We’ve got 18-and-a-half percent unemployment and underemployment. The consumer’s debt is 120 percent of disposable income…The consumer is wrecked.” |
