|
Weekly Archive
By: Bill Bonner & The Daily Reckoning Crew - 13 October, 2006
-A splash in the stagnant economic waters...you say, "tomato," we say, "inflation!"...
-What you find when you peek under the whole housing hoedown...another record high for the trade deficit...
-Reports from Minne-snow-ta...the juice is on the run - and we don't mean in a white Bronco...and more! Full Story |
By: Peter Schiff, Euro Pacific Capital, Inc. - 13 October, 2006
This week, while President Bush took credit for supposedly cutting the enormous budget deficit in half, the Commerce Department reported that the trade deficit in August was a record $69.9 billion. Annualized, the trade gap comes to well over $800 billion of foreign-made merchandise tacked onto our national charge card, a figure that dwarfs the federal budget deficit by comparison. Full Story |
By: Chris Mayer & The Daily Reckoning Crew - 12 October, 2006
-No divine intervention quite yet - still business as usual...wishful thinking from the Fed and real estate agents...
-The serious challenges that the U.S. Empire faces...cheering on the empire as you root for a college football team...
-The New Orleans Investment Conference is back...we fought the law, and the law won...and more! Full Story |
By: John Rubino, DollarCollapse.com - 12 October, 2006
The poor sucker who put nothing down to buy at the peak is now 30% underwater, and, like any rational economic animal, is thinking of creative ways to get out of paying that extra 30%. Or he’s cutting expenses so as to be able to keep paying on his now-wildly-inflated mortgage. Either way, it’s bad for the local economy and augurs for more auctions, more instant haircuts, and a real estate bottom that’s a lot further out than BusinessWeek and JP Morgan seem to think. Full Story |
By: Jim Otis - 12 October, 2006
For all those who despair that Congress does nothing positive or useful, the Optimist has good news to share. Congress has crafted a new phrase that will live in infamy throughout the future of the USA.
An obscene breach of trust. What could be a better summation of our nation's financial history over the past century? Consider how precisely that phrase defines the events below: Full Story |
By: Bob Chapman, The International Forecaster - 12 October, 2006
You ask where does this lead too? The answer is a 1% GDP growth rate in 2007, 2008 and 2009 if we are lucky, and 2% rate denotes a recession. That is why inflation will rise as massive amounts of money and credit are pumped into the system until it simply won’t work anymore. Cash out financing and equity loans on today’s massive basis will end because interest rates have to rise or money won’t flow into our country from our creditors. In addition, in order to keep the dollar from collapsing through 80 on the dollar index, rates have to rise. The Fed members and Wall Street say otherwise, but 95% of the time we are right and 35% of the time they are correct. Full Story |
By: Antal E. Fekete - 11 October, 2006
My approach is different from that of other monetary scientists in that I take speculation into full account. The theory of speculation is conspicuous only by its absence from mainstream economics. (Keynes’ attempt to create one was a dismal failure.) But it is not a strong side of Austrian economics either. I reach back to Carl Menger and construct a theory of interest directly on his economic principles. Full Story |
By: Bill Bonner, Addison Wiggin, & The Daily Reckoning Crew - 11 October, 2006
-The whole world is turning its weary, pleading eyes on the American consumer...the marvelous contraption of the modern financial system...
-There is no way housing has hit a "bottom" yet...living in oblivion...
-The massive transfer of wealth from West to East continues...glory days are over for hedge funds...an earnest reader takes our words a bit to literally...and more! Full Story |
By: Richard Daughty, The MOGAMBO GURU - 11 October, 2006
With a bleary, jaundiced eye, I wearily note that Total Fed Credit was up $4.4 billion, to a total of $829.64 billion, making it look like they are moving back in the "inflation or die!" mode. But maybe not, as (judging by their track record of the last decade), TFC should be up to around $850 or so. Or more. But it ain't. Full Story |
By: David N. Vaughn, Gold Letter, Inc. - 11 October, 2006
When I began to look at the markets in 1997 my goal then was to simply understand the under lying truth and to make calculations based on that truth. Can we ever really come to recognize what truth is and will we know it when we see it? My one major weakness that I will confess is that I see things from a historical perspective and forever will. Also, the truth as I see it is that the present administration in power will do everything within its power to look good before the November elections. And consequently, the opposing party will do everything within its power to make the administration in power look bad. Common sense really. Full Story |
By: James Howard Kunstler & The Daily Reckoning Crew - 10 October, 2006
-Greenspan blames the Berlin Wall for the housing bubble - sounds about right...negative rates weren't imposed by Mr. Market, but Mr. Market Manager Greenspan...
-Investors need to play the odds - and they don't look good...we keep gazing over our shoulder, wondering about the big picture...
-The Greenspan Put...it's amazing what an imperial people will allow themselves to believe...and more! Full Story |
By: Douglas V. Gnazzo - 10 October, 2006
This week’s discussion will be on the sixth monetary clause in the Constitution. As previously occassioned we will first list the seven monetary clauses found within the Constitution.
The seven clauses in the US Constitution that deal with the topic of money are: Full Story |
By: John Rubino, DollarCollapse.com - 10 October, 2006
Poor Mr. Typical has not had a wage increase since 1972, according to the U.S. Department of Labor's website. He earned the equivalent of $334.60 a week back 24 years ago. Now, the figure is just $277.96. But he didn't cut back spending just because his income fell. To the contrary, he put his wife to work...and now he has got himself a wallet bursting with credit cards, along with a neg-am, payment optional mortgage, a credit innovation as popular with Americans today as Krsipy Kreme donuts at a police benefit. Full Story |
By: The Mogambo Guru & The Daily Reckoning Crew - 9 October, 2006
-It's a mad world...absurdities don't end after the war is over...
-It doesn't really matter that the Dow hit an all-time high...don't look for commodities to fall through the floor just yet...
-Madness isn't permanent - it's cyclical...extending the American boom into an Indian summer...and more! Full Story |
 |
By: radio.goldseek.com - 9 October, 2006
In the first hour, a review of this weeks top market headlines. Next, Bob Chapman stops by to discuss his latest market findings and tackles two listeners questions. He's concerned that the recent increase in naval forces activity on both the east and west coast may be hinting of a show down with Iran in the months ahead. Next, Jack Chan and Gary Kaltbaum remain skeptical regarding the Dow Jones advance, because the index is limited to only 30 stock components. Instead, they are both focusing on the semiconductor index for clues to market direction. The first hour wraps up with another installment of audio excerpts from Benjamin Graham's: The Intelligent Speculator.
In the second hour, this weeks featured guest, Brian Pretti, from the ContraryInvestor.com joins us. Brian expects gold and silver to soar as the inflation dilemma becomes unmanageable. Brian thinks the dollar will fall as government medicare and social security programs prove impossible to sustain. He reveals a 6 trillion dollar deficit of collective US assets with our trading partners. Brian thinks an Asian Euro with gold backing could lead to the dollars ultimate demise. Full Story |
By: Paul van Eeden - 8 October, 2006
Last week was a busy week on all fronts for market watchers. Metal prices fell hard early in the week but rallied sufficiently by mid-week to offset their losses and in the case of lead, zinc and aluminum, rallied well past their price levels of a few weeks ago. Gold, in spite of a late-week rally, is still off about 5% from the previous week’s price. Full Story |
By: Peter Stojan - 8 October, 2006
Now it may be hard to swallow for some that market manipulations go on, but they do at all levels. Penny stock promoters cook up their schemes, and power players have their schemes. In traders jargon, it’s called painting the tape. Indeed, the Washington Post has revealed that the government has formed something that is casually known as the Plunge Protection Team. PPT is supposed to jump in and buy stocks when things are unruly. Ronald Reagan formed the PPT when he signed Executive Order 12631. It’s just another way of painting the tape (Using your tax money, or newly printed Federal Reserve dollars, of course). Goldman is a member of the secretive PPT. Full Story |
By: John Mauldin, Millenium Wave Advisors - 8 October, 2006
This week we had two more Federal Reserve members repeat what has become the theme for their chorus, but not one the market seems to be paying much attention to. It should be. The market believes the Fed will soon start to cut rates, perhaps as early as first quarter of next year. It is not altogether clear that this will be the case. Full Story |
By: Bill Bonner & The Daily Reckoning Crew - 8 October, 2006
-Full of question marks today... if the pros do so badly picking stocks...imagine how the average investor is likely to do...
-It is not the time to buy stocks - but it is the time to sell them...you could buy Trump's house in Florida - it's only $124 million...
-India is booming...the problem with bums...and more! Full Story |
 |
 |
© GoldSeek.com, Gold Seek LLC
 
The content on this site is protected
by U.S. and international copyright laws and is the property of GoldSeek.com
and/or the providers of the content under license. By "content" we mean any
information, mode of expression, or other materials and services found on GoldSeek.com.
This includes editorials, news, our writings, graphics, and any and all other
features found on the site. Please contact
us for any further information.
|
The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy
or completeness of the information (including news, editorials, prices, statistics,
analyses and the like) provided through its service. Any copying, reproduction
and/or redistribution of any of the documents, data, content or materials contained
on or within this website, without the express written consent of GoldSeek.com,
is strictly prohibited. In no event shall GoldSeek.com or its affiliates be
liable to any person for any decision made or action taken in reliance upon
the information provided herein.
OilSeek.com
|
|
