The future of the U.S. dollar looks terrible, yet the dollar is rising at a record-setting pace. And depletion is causing oil output in some areas to…well, fall off a cliff, if I may use that phrase. Energy and commodity stocks are tumbling like buffalo in the olden days of Alberta. Let’s start with the U.S. dollar. It’s strengthening on world markets, but why? Is there some sort of good news about the U.S. economy we’ve missed? Is the U.S. tax code suddenly more capital friendly?
September 18th, 2008 | Byron King | 6 comments | ContinuedAll Posts Tagged With: "markets"
Emerging Markets Means Only One Thing to Us: A Buying Opportunity…
Emerging markets are among the many things we know little about. But that doesn’t stop us from having opinions. And our opinion is that the world is turning…
April 28th, 2008 | Bill Bonner | 0 comments | Continued