The press attributed this week’s rise in gold to benign causes. The end of the world seems to have been postponed – indefinitely. Bloomberg reported that a clear majority of those polled thought the world economy was recovering.
September 14th, 2009 | Bill Bonner | 1 comment | ContinuedAll Posts Tagged With: "stocks"
Important Financial Anniversary: Collapse of Lehman Brothers
Tomorrow is one of the most important financial anniversaries of the last 100 years. But how will investors celebrate? Or will they mourn? Or will even more of them start to buy gold, which traded at around US$1,006 in the futures markets?
September 14th, 2009 | Dan Denning | 0 comments | Continued
Feds Want to Increase the Money Supply and Induce People to Spend Money
The question is when. Our view is that they’ll get more than they expect, but later than they want it. We’re looking for another crack in stocks…followed by more fear and loathing in the economy. This will have two major effects…
September 11th, 2009 | Bill Bonner | 0 comments | Continued
Should You Buy Gold Now?
The Trade of the Decade is still buy gold/sell stocks. And the decade isn’t over. If you have US stocks, this is a good time to sell. The Dow went up 63 points yesterday – a weak bounce after several days of losses.
September 7th, 2009 | Bill Bonner | 0 comments | Continued
Bear Markets Do Not End With Stocks Still Trading at Nearly 20 Times Earnings
What’s more, stock market trends tend to follow long cycles. The last bear market bottom was in ‘82. It came after 14 years of disillusionment and disappointment. By the time stocks were ready to go up investors were sick of hearing about them.
September 4th, 2009 | Bill Bonner | 2 comments | Continued
The New Normal: Where the Government Plays a Significant Role in Controlling the Economy
In the “old normal” view – preached by politicians left and right and amplified by a compliant media and a smarting financial industry – you should go back to doing what you were doing before. Have a short memory. Buy stocks automatically because they always go up. Get a mortgage and buy a house, perhaps even a second one. Spend money. The government will make more.
September 4th, 2009 | Dan Denning | 17 comments | Continued
Seems Everyone is Speculating on the Banks
“Public assistance enables the world’s largest 15 financial firms to return to the capitalization they had in September 2008,” the article continues. The largest of the largest, HSBC, is now judged to be worth $186 billion, according to the stock market.
September 2nd, 2009 | Bill Bonner | 2 comments | Continued
How Did Australia Get Caught Up Losing Money in Commercial U.S. Real Estate?
In yesterday’s Age, Bwembya Chikolwa, a lecturer in the School of Urban Development at Queensland University of Technology, says Aussie super funds had money to burn…
September 1st, 2009 | Dan Denning | 1 comment | Continued
Rich Blamed for Financial Debacle of Last Few Years
Their governments all have in it for them…taxes on ‘the rich’ are rising. The Democrats are talking about financing the entire nation’s health care system on the backs of the super-rich.
August 26th, 2009 | Bill Bonner | 4 comments | Continued
Should You Buy Stocks Now to Take Advantage of Bull Market?
Stocks and oil are at their highest levels so far this year. With such profits at hand people figure they don’t need the dollar. Investors run to the safety of the greenback when financial storms approach. But now…they think it will be clear sailing.
August 25th, 2009 | Bill Bonner | 0 comments | Continued