June 2008
June 30, 2008 –
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RELATED TICKERS: GLD
, SKF
, SRS
I ignore most talking heads on CNBC, many are "empty suits" and/or "paid liars". I do follow Marc Faber. If you look at Mish Shedlock's blog or the Big Picture you will see Marc Faber's book Tomorrow's Gold. I cannot recommend it enough, especially for "bulls", "buy and holder", the young, the CNBC followers.... well everybody really. [more]
June 29, 2008 –
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RELATED TICKERS: KGR
, HAL
, GD
Ron Paul's Message to OBAMA! [more]
June 28, 2008 –
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RELATED TICKERS: OIH
, HAL
, SKF
No need to talk about the stock market. Most of us know what is coming, dwot, alstry and I have been saying it over and over. How about something else? [more]
June 27, 2008 –
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RELATED TICKERS: GLD
, SKF
, SRS
The internet is a great source of free information. But I still pay for 6+ sources of information, including 3 newsletters, 2 magazines, FT, Barrons etc.... [more]
June 27, 2008 –
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RELATED TICKERS: OIH
, XOM
, TM
Popping the Oil Bubble (Part 4) Exxon is selling their Service Stations. I would guess for a very good reason. [more]
June 25, 2008 –
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RELATED TICKERS: TTM
, TM
, GM
Electric cars are coming. Those, who have not seen the movie Who Killed the Electric Car? should take a look. The battery technology was bought and buried by Chevron, according to the film. [more]
June 25, 2008 –
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RELATED TICKERS: GLD
, SLV
From the Financial Times June 23 2008: Vietnam suspends gold imports
“Vietnam’s communist authorities have temporarily suspended all gold imports in a bid to tackle the country’s spiralling trade deficit and help support the depreciating local currency, the dong. [more]
June 24, 2008 –
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RELATED TICKERS: GLD
, SLV
Long Duk Dong: No more yankie my wankie. The Donger need food. [more]
June 23, 2008 –
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RELATED TICKERS: TOL
, BZH
“If you can't spot the sucker at the table after 10 minutes, leave... it's you."
-Poker Quote [more]
June 23, 2008 –
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RELATED TICKERS: SKF
, SRS
Peter Schiff Versus Steve Forbes June 21, 2008 [more]
June 21, 2008 –
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RELATED TICKERS: GM
, OIH
, TM
The cure for high prices is high prices. It is very interesting timing that Exxon is selling all of its' Gas stations. It reminds me of time when Real Estate Tycoon Sam Zell sold all of his real estate in 2006. [more]
June 20, 2008 –
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RELATED TICKERS: GLD
, OIH
, SLV
Ron Paul on Glenn Beck 06/19/2008 - Part 1 (6:49) [more]
June 20, 2008 –
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RELATED TICKERS: CFC
, WFC
, LEH
I was watching the latest video from Mr Mortgage when this title caught my eye: Greedy flipper . This video should someday be a cult real estate bubble classic. [more]
June 19, 2008 –
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RELATED TICKERS: CRM
I liked my pitch from CRM, so I figured I would blog it. [more]
June 18, 2008 –
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RELATED TICKERS: SKF
, SRS
, SCC
RBS issues global stock and credit crash alertBy Ambrose Evans-Pritchard, International Business Editor
Last Updated: 12:19am BST 19/06/2008
The Royal Bank of Scotland has advised clients to brace for a full-fledged crash in global stock and credit markets over the next three months as inflation paralyses the major central banks.
"A very nasty period is soon to be upon us - be prepared," said Bob Janjuah, the bank's credit strategist.
A report by the bank's research team warns that the S&P 500 index of Wall Street equities is likely to fall by more than 300 points to around 1050 by September as "all the chickens come home to roost" from the excesses of the global boom, with contagion spreading across Europe and emerging markets. [more]
June 17, 2008 –
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RELATED TICKERS: IFN
, FXI
, PEIX
A really good website for Peak Oil discussion is The Oil Drum: http://www.theoildrum.com [more]
June 16, 2008 –
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RELATED TICKERS: TTM
, OIH
, DRYS
The cure for high prices is high prices. It is very interesting timing that Exxon is selling all of its' Gas stations. It reminds me of time when Real Estate Tycoon Sam Zell sold all of his real estate in 2006. [more]
June 15, 2008 –
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RELATED TICKERS: GS
, MER
, LEH
Anytime Congressmen Ron Paul gives a speach people want to hear more and more about the FED. Jim Rogers has called Ben Bernacke a "fool....who does not even understand about markets". JR has said recently the FED should be abolished and would not survive another 10 years.
Great story here from Reuters (title stolen from comment on Mish Shedlocks blog): [more]
June 14, 2008 –
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RELATED TICKERS: ADBE
This has to be one of the best advertisements of 2008. It has a record of 1,378,307 Views since Dec 07. Comedy + Learning + Advertising = Great Idea [more]
June 14, 2008 –
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RELATED TICKERS: HAL
, OIH
, KBR
"You better believe we're going to mix it up with somebody at some point during my administration," said Bush, who plans a 250 percent boost in military spending. "Unlike my predecessor, I am fully committed to putting soldiers in battle situations. Otherwise, what is the point of even having a military?" [more]
June 12, 2008 –
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RELATED TICKERS: DRYS
, TBSI
, GNK
“It was surreal. When someone asked why he was doing the deal, here–now, he actually said, basically, ‘Because Americans are the dumbest investors around, and there’s lots of liquidity in this market.’” [more]
June 12, 2008 –
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RELATED TICKERS: SKF
, SRS
, LEH
Of course Buffett was not talking about abitarecatania. I did just break 5600 points in 11 months, without any current oil picks. I am not sure why he does not consider me as a replacement?
FYI - From yahoo Finance Buffett calls out the hedge fund industry here. [more]
June 10, 2008 –
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RELATED TICKERS: OIH
If you are an American patriot, you should never vote for another Republican president or high official... that is, of course, until the next Democratic leadership crashes and burns. [more]
June 09, 2008 –
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RELATED TICKERS: SKF
, SRS
, LEH
Lehman Brothers reiterated its $110 price target for Bear on March 13, three days before Bear got sold for $2 a share to J.P. Morgan Chase.
[more]
June 07, 2008 –
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RELATED TICKERS: OIH
, BA
, LM
There is no instance of a country having benefited from prolonged warfare. [more]
June 05, 2008 –
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RELATED TICKERS: DAL
, OIH
Jim Rogers on Bloomberg Video on 05 June 08. An outstanding interview. [more]
June 04, 2008 –
Why every guy should buy their girlfriend Wii Fit. [more]
June 04, 2008 –
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RELATED TICKERS: YUM
, MCD
I love The Onion. I am expecting a bigger summer sell off, NSTR today, more of the same....
New Wearable Feedbags Let Americans Eat More, Move Less
New Wearable Feedbags Let Americans Eat More, Move Less
June 03, 2008 –
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RELATED TICKERS: SKF
, SRS
, LEH
"Fat, drunk and stupid is no way to go thru life son" [more]
June 02, 2008 –
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RELATED TICKERS: LM
, GD
, BA
There is truth in jest. [more]
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