Archive - Sep 2013 - Blog entry

There's a growing view that America's energy boom will result in a higher U.S. dollar in coming years. There are some key holes in the argument though.

We live in a throw-away world where we don’t repair and as soon as things start looking a bit shabby round the edges and curled up as if they were sandwiches left over from the night before, with the hangover thrown in for good measure, we just bin them. 

This is at least the 3rd country to take citizen and private corporation's money in order to make themselves whole after profligate spending. How many times must I warn before the message is taken seriously? Interest rates should be spike through the stratosphere, Bernanke or not!!!

Price action in the foreign exchange market in the context of fundamental developments.  Disappointing US jobs data clouds the near-term outlook for the greenback,  

Numerous Intelligence Officials Question Administration’s Claims

It’s science-fiction but it’s true. The next time you need a loan, it’ll be your friends that will be analyzed to see if you arebone fide enough to borrow the money that the bank is considering lending you and above all if you are able to pay that money back to them.

Labor Secretary Perez crossed the credibility line on his second day at the job.

As a value investor I used to spend a great deal of time in Microsoft hell. No More!

Someone has to put this front and center and that someone is me...

The facts are now becoming abundantly clear, that the forecast we’ve maintained for well over two years has been validated: the US is in a DE-pression and both Washington and the Federal Reserve have wasted trillions of Dollars.

This stillbirth portends more than just bad news for Microsoft ARM products. Pundits, inveestors and consumers should be paying closer attention.

The U.S. Mint’s sales of silver coins are heading for a record again this year, with sales of 33 million ounces (1,026 tonnes) to late August already matching the level of the whole of 2012.

Many other mints including the Perth Mint, the Royal Canadian Mint and the Austrian Mint have also seen a fall in sales recently but are set for record or near record sales again this year.

The Old Continent: Europe. They have always liked to pride themselves on the fact that they were quaint guys living in leafy suburbs and going to work along cobbled streets.

In 1933, FDR confiscated the gold of Americans. This common telling portrays it as a simple case of robbery. It makes people wonder if 1933 is a precedent. I don’t think it is so simple.

The Clown's Prayer...