Archive - Oct 8, 2010 - Blog entry

The global resource frenzy has grown so heated that money has begun pouring into the marginal fringes of the universe. The Mongolian stock market has been one of the world’s best performers this year, spiking some 100%. A call the world’s largest undeveloped copper resource (IVN), (RTP)

As more come on board with QE2, risk appetite is rising, but betting on a Fed-inspired recovery rally can be a dangerous game...

Jailed Chinese dissident Liu Xiaobo won the 2010 Nobel Peace Prize on Friday for "two decades of non-violent struggle for human rights". China is totally livid and called the award "an obscenity".

Some thoughts on a funny week.

Got any better ideas?

The recovery of the economy depends on several important factors, but the recovery of the real estate market is near the top of the list, especially commercial real estate (CRE) because most of America's banks are loaded down with CRE debt. Here is a current assessment of the state of the CRE market.

A simple visual aid for understanding and explaining the subprime pipeline to your family and friends, using a sewage treatment plant metaphor.

That disgusting, vile, son-of-a-bitch (just my opinion, we report - you decide!) Newt Gingrich is on a 12-city pre-election tour where he is advising Republican candidates to frame the choice for voters between Democrats as "the party of food stamps" while selling the GOP as "the party of paychecks."

One definition of insanity is doing the same thing again and again and expecting different results. Unless the government substantially changes its approach, unemployment will keep rising.

When the momentum of the masses gravitates toward the truth, those that desire to suppress it have always resorted to smoke and mirrors to divert the people’s attention away from the truth and to channel their focus into avenues that waste their energies.

For those of you who are unfamiliar with the ritualistic intricacies of "quantitive harakiri" also known as "monetary seppuku" , which is expected of incompetent Japanese central bankers, we have prepared the following exclusive report.

This daily report is designed to help traders find opportunities to trade against this group. The premise is very simple we are looking for 66% of retail traders to be trading either long or short a currency pair, we then look for opportunities to fade (trade against) this group.

Another nail in the coffin for residential real estate. Ben Bernanke can cut interest rates all he likes, but can’t raise personal credit scores, and that is a big problem. Some one third of Americans now have credit scores under 620 and are unable to obtain loans under any circumstances. This won’t change until banks return to risk accumulation mode, which is at least five years off.