Marc Faber, U.S. economy "bear" and author of the recently infamous "Gloom, Boom and Doom Report", speaks his mind about the prospects for growth, debt and war in the world over the next 10 years. In the interview he actually endorses stocks as a reasonable investment in the near term, due to obsessive spending by
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Last week you could have thrown a dart onto the floor of the CME and almost assuredly poked the eye out of a commodity bull. This week there's no telling who you'd maim. Blood and gore aside, the sideways pattern of the past three weeks is over as far as crude oil is concerned. The
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Japan's revised 2009 third quarter growth fell to a third of the economy's previously reported GDP, as corporations slashed spending and prices fell. The initial estimate of 2009 Q3 growth reported the pace of expansion at 4.8% annually compared to the most current revision to 1.3%. Prime Minister Hatoyama announced a 7.2 trillion Yen ($81
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On October 23, 2009 we endorsed a position in the Peruvian gold mining firm Beunaventura Mines (BVN) in the article titled Profiting From Volatile Crude Oil Prices and Safe Guarding Your Dollars. Since October 23, BVN has moved from $36.97 to the Friday December 4, 2009 closing price of $39.84, capturing a 7.8% gain. Continuous spot
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We can all remember the panic that gripped financial markets in the dissimilar fall to winter season of 2008, where hoards of cash were brought to the sidelines and even the "Oracle of Omaha" went on record claiming "cash is king". This time around cash is anything but "king", at least if it's the United
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The S&P 500 rally from the March 9, 2009 low has caught many off guard and left more wondering if now is the time to buy stocks. The smart money has already made their profits in the past eight months and reports from the FT now cite hedge funds beginning to take profits. In a
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The SPX (S&P 500 Large Cap Index) technicals are signalling weakness following the November 17th 52-week-high of 1110. Since that point the index has traded in a tight 20 point range ahead of a full stack of economic reports set for release this morning. Here we will address four key technical signals which could spell
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While the phenomenon hasn't received much attention, the Nikkei 225 headline Japanese stock index has diverted course from all other major economic player stock exchanges. The Nikkei turned negative on August 14, 2009 and hasn't been able to resume the congruent pattern that all other major stock market indexes seem to be following. One can
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The Weekly Spectrum The 2009 Thanksgiving holiday week will be brief, but crucial economic data to be released between Monday and Wednesday will leave marks on investors faced with the pivotal punches of where to put their money. With a spotlight on housing, economic data for the November 23 week will be highlighted by Existing Home Sales,
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