Most of you know that I'm a bear, but I'm not a perma-bear and I understand the power of psychology and greed in finance. To that end, I am very confident that the last two days are merely a temporary aberration and after more selling today, the bulls will begin buying again. [more]
In another classic quote from Moody's Analytics, concerning the rise in oil prices, Mark Zandi said "I would view this as a very serious threat to the expansion, just when the economy is hitting its groove" [more]
Something really interesting happened during todays premarket trading. While the price of gold is up 0.7% to $1398.30 per ounce, and silver is up a much sharper 3.0% to $33.26 per ounce, the dollar, is currently flat against a basket of competing currencies. [more]
When people disagree with one another there are three paths that can be taken. One, shout them down. Two, ignore them. Three, have an adult conversation.
This is why I love the Fool blog site, so many choose #3. People disagree and have a meaningful discussion.
But I have to admit, I do NOT love everyone here. Spammers be gone forever!
Equities genius FreeMarkets has initiated coverage of SmartHeat (NASDAQ: HEAT) with a SELL Rating. This may shock the investment community as only 2 months ago, on December 16, 2010, analysts at Barclays Capital (NYSE: BCS) initiated coverage on shares of SmartHeat with an “equal weight” rating and a $6.00 price target on the stock. [more]
For quite some time Paul Krugman has mocked gold bugs and defended fiat currency's. Many people here take sides as the topic of money is of interest to us, while most Americans don't know what we are writing about or why anyone in their right mind would care. [more]
Leave it to Krugman to set the record straight. In this op-ed column, Krugman lays down the gauntlet - that financial conservatives and racists are one and the same. [more]
Trying to make heads or tails from the headlines is harder than most investors care to admit. Todays headlines could appear 180 degrees opposite to the novice investor. Thankfully I'm not a novice investor, I'm a self-proclaimed, ego-filled opinionated super idiot. So here are our headlines for Monday: [more]
After reading an excellent blog by Dave in Qatar about Peter Schiff, a comment answering the question posed by the blog just wouldn't do it justice. So I'm elaborating here and let me add, this pertains to many more people than Peter Schiff. [more]