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.
Sep 022010
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 [...]
Aug 312010
Retail 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.” Share, Print or PDF
Aug 312010
Jim Rogers likes (guess what) real assets like silver, rice, natural gas, etc. Jim Rogers dislikes (guess what) central banks, governent intervention and politicians. Share, Print or PDF
Freakonomics author Steven Levitt discusses the economics of drug dealing. When I think of drug dealers, I think of fast cars, slick clothes and well-jeweled people…however, this is not so. Contrary to popular myth, Levitt says, being a street-corner crack dealer pays below minimum wage. Share, Print or PDF
Aug 312010
“This country has very weak safety nets,” Mohamed El Erian, CEO at PIMCO, said in a radio interview today on “Bloomberg Surveillance” with Tom Keene. “It is built on the assumption that our labor markets are very flexible, that if you lose your job in California you move somewhere else, [...]
Aug 312010
The Wall Street Journal exposes the real life of Peter Schiff. An interesting look at the evangelist of doom: Share, Print or PDF
Dylan Asks: What the heck is wrong with the economy? Peter Schiff and Henry Blodget (yes, that Henry Blodget) answer. You might not like what they say. Visit msnbc.com for breaking news, world news, and news about the economy Share, Print or PDF
Aug 302010
Classic Saturday Night Live skit (2009) pointing out the glaring political and economic challenges facing the Obama administration. “Do I look like Mrs. Obama?”…”You are not allowed to pay us back in ‘clunkers’.” Laugh it up – funny because it’s all true.
“With Iran insisting on moving ahead with uranium enrichment, what are the options? Cirincione takes aim at the current U.S. default policy, “to muddle through.” He also scoffs at the idea of regime change in Iran, since Iraq teaches that “democratic transformation takes a long time.” He saves his most [...]
Aug 292010
BBC Newsnight guests Hugh Hendry and Dr Linda Yueh discuss the importance of the grey dust; BHP Billiton’s hostile takeover bid for Potash Corp; the Chinese market’s dependence on potash imports and the world’s ability to feed itself. Share, Print or PDF
Robert Shiller of Yale University spends 20 minutes talking about the issues facing today’s economy.
Drawing from some of the most pivotal points in his life, Steve Jobs, chief executive officer and co-founder of Apple Computer and of Pixar Animation Studios, urged graduates to pursue their dreams and see the opportunities in life’s setbacks — including death itself — at the university’s 114th Commencement on [...]
