Archive - Jun 2010 - Blog entry

Quick Quiz: Of the following 3, which states' banks are in the most trouble? Arizona, Michigan or Washington? Believe it or not - Washington.

Sounds like Ucits will be the next big hedge fund flop...

A basic property of religion is that the believer takes a leap of faith: to believe without expecting proof. Often you find this characteristic of religion in other, more unexpected places–like the stock market.

It takes a while for a company to develop a “religious” following: Only a few high-quality, well-respected companies with long track records ever become worshipped by millions of investors. The stock has to make a lot of shareholders happy for a long period of time to form this psychological link.

Which door do you choose?

When did the well really blow out?

How much do you want to buy at a 28 year market top? Last year, a staggering $375 billion poured into bond funds, a record, while $40 billion exited equity funds, despite a Dow that rose 23%.

With all of the brouhaha over BP and the oil spill, how many analysts and investors truly took the time to calculate the probability of actual insolvency. It is clear that the liabilities from the spill has been understated and underestimated multiple times. Here is an empirical, objective analysis of where BP, and by default, APC stands in terms of the potential for bankruptcy.

Open Letter to the US DOJ: In response to your open investigation regarding the suppression of silver prices in the COMEX futures markets by JP Morgan, we believe that two PM ETFs, the SLV, of which JP Morgan serves as custodian, and the GLD, of which HSBC serves as custodian, firmly deserve a thorough investigation as well.

Raising the retirement age from 60 to 62 isn't exactly what I consider major reform. But this is France, and you know what they say, Vive la Différence!

According to Barron's, Simmons is shorting at least 8,000 BP shares thus putting in question a possible "conflict of interest" when he went on numerous interviews making outrageous comments regarding BP and the Gulf oil spill.

I give this one less than a month.

I hope that this response will dispel some of the myths and misinformation surrounding hyperinflation, Gold and our paper money system...

Bench 'em, coach!!!

A booming auto industry has lit a fire under that rarest of precious metals, rhodium. Is it time to buy gold’s rich uncle? (AAUKY.PK), (PAL), (SWC).

There's more than enough anecdotal and mathematical evidence to anticipate a restructuring in Spain's near to medium term future. Let's not call it mere speculation.