Archive - Mar 16, 2010 - Blog entry

The world is desperately need a second green revolution. Rising emerging market standards of living are consuming increasing amounts of food. Reserves are now at 20 year lows. The world population has doubled from 3.5 to 7 billion since the sixties, eating up surpluses, and is expected to rise to 9 billion by 2050. An impending global famine has not escaped the notice of major hedge funds. (POT), (AGU), (MON), (DBA).

New Jersey Governor Chris Christie proposed a $29.3 billion budget that would suspend property-tax rebates, skip the state’s $3 billion pension contribution and fire 1,300 workers next year. Not to worry, the state pension fund is investing billions into hedge funds and other alternative investments to get them out of their pension hole. I wish them luck...

We think that China is an indestructible economic juggernaut but its economy is very fragile and it is sitting on a property bubble which will burst. What China does in response has major implications for their economy and the rest of the world. This is the second part of a three-part series on this topic.

How do YOU spell deflation (followed by runaway inflation)?

Daily charts of EURUSD, USDJPY, USDCHF, GBPUSD, AUDUSD, USDCAD, NZDUSD & USDSGD

I have warned my readers about following myths and legends versus reality and facts several times in the past, particularly as it applies to Goldman Sachs and what I have coined "Name Brand Investing". Very recent developments from Senator Kaufman of Delaware will be putting the spit-shined patina of Wall Street's most powerful bank to the test, as it appears he ain't playin'. Here's the speech from the esteemed Senator from Delaware (yes, the most corporate friendly state in this country), complete with an analysis that you will NEVER see in the mainstream media!!!