Archive - 2011 - Blog entry

Despite Treasury being a few post-SFP weeks from stealing Mubarak's M.A.D. spotlight, TBAC minutes reveal just how it will crowd out the private sector permanently (Sack-Frost makes debut appearance).

What are the chances of another banking crisis, this time emanating from Europe? Let me count the ways, but not using Goldman's math of course.

It pays well to be a dictator who terrorizes his people with U.S. backing ...

More hogwash from Ben.

Long term Treasury yields are on the rise and breaking out from their current trading range.

Retail traders are notoriously wrong at picking market direction/tops and bottoms. Most retail traders very naturally seem to adopt a counter-trend stance and this offers very accurate signals for individuals looking to trade against this group. This daily report is designed to help traders focus their efforts on higher probability pairs.

How many times in your life can you honestly say you discovered a new hero? Today I did...

The market closed up again today as Ben Bernanke let the National Press Club know that either the economy is fucked, or it isn't...

It’s the perfect set up for any investment: dwindling supplies and growing demand. The inflationary holocaust will only be adding gasoline to the fire, pushing agricultural commodities to record highs. As Jim Rogers puts it, “God knows how high the price of agriculture is going to go, so that's where I'm putting more of my money now than in other things… I think I'm going to make more money in agriculture than I make in precious metals.''

Well, the US Dollar has staged a small bounce at $77 or so. The question now is whether this becomes anything substantial, or is merely a result of the Euro/USD pair becoming so stretched that a brief pullback had to happen. We should know the deal within a few days. However, the greenback is now only 2% away from breaking its multi-year support line. If the Dollar turns down again now then the inflationary collapse will intensify rapidly.

Markopolos went on to say, “The banks that are doing it, it's 25-33% of their bottom line net income per year, so it's like being addicted to heroin, they can't afford to pull the needle out because their share prices will collapse."

When markets turn on you, you become a short timer.

We are officially in the middle of the worst housing collapse in U.S. history - and unfortunately it is going to get even worse.

If you don't know the stories of LTCM, Enron, Tyco, Worldcom, Adelphia, Global Crossing, the S&L Crisis, how portfolio insurance contributed to the 1987 crash, or countless other investing lessons going back centuries, then you have no business investing your or anyone else's money. Now, it looks like China MediaExpress Holdings is about to become another one of these lessons.

A killer play ("655321 QE Triple fake)" freshly inked in Quarterback Benny Inkjet's playbook...