• Here's Another "I Told 'ya So" for the Muni Buyers
    Reggie Middleton
    03/11/2010 - 14:21
    Two years ago when I warned that Munis were getting primed for default in quite a few states (analysis linked below), my admonitions were pooh-poohed. Muni's practically never default, said the ivory tower (muni salesmen) professionals. Don't look now, but bankruptcy warnings are now standard fare in the Detroit prospectus, that doesn't even come with a set of financial statements attached. They are probably paying more than Greece,,, with more to come.
  • It's Going To Implode: Buy Physical Gold - NOW
    Gordon_Gekko
    03/11/2010 - 07:29
    Evidence seems to be mounting that we are headed towards some sort of implosion in the paper Gold market, and perhaps the currency/bond markets in general. Got physical Gold?
  • You May Want to Take a Shower After Investing in Russia
    madhedgefundtrader
    03/11/2010 - 00:26
    Investing in Russia is a double edged sword. Shareholder rights are virtually unknown. Cross the government, and they’ll through you in jail. But the land of Lenin and Red Square has the cash to finance a serious growth spurt. GDP is flipping from a -7.9% rate in 2009 to an expected 3.2% this year. Russians have no credit card debt, no home mortgages, and terrible housing, but the resource wealth to buy what they need. Just watch out for the knock on the door in the middle of the night.(RSX)