Sep 12, 2011
In observing the workings of the Obama White House as it grapples withthe worst American economy since the Great Depression, it s difficultnot to smile in amusement at the inept wheel-spinning of our executivebranch, which bears a closer resemblance to a clueless team of...
Aug 17, 2011
Bill Clinton just made headlines by referring to Texas Gov. Rick Perryas a good looking rascal. But the real rascal of the moment is notPerry or any other political candidate.
It s Warren Buffett.
He may be one of the richest men in the country, but the Sage of...
Jun 2, 2011
We are told that the American economy escaped from its recession in late2009, at least as measured by seven straight quarters of economicgrowth since that time.Whatever these numbers seem to indicate, theyclearly do not reveal the whole picture and its grim reality.
In...
Dec 13, 2010
A well-known American businessman called me recently. He wanted to talk politics, but he started the conversation by saying, Short China. If you want to make a lot of money, short China.
He alluded to having information about the precarious state of China's economy, but...
Jul 1, 2010
When CNBC s Rick Santelli went to the floor of the Chicago commodities exchange and started shouting that we need to stop the spending, he was touching a raw nerve.
Santelli knows about raw nerves. He was the guy whose call for a tea party helped launch the movement. All...
May 26, 2010
Congressman Anthony Weiner s inane attacks on Glenn Beck and the goldcoin dealer Goldline make me think there is some other agenda at work.
Though Weiner has named Beck and the company he endorses, Goldline, hehas also made clear that Goldline is just one of several gold...
May 7, 2010
The largest one-day stock market fall in all of U.S. history took place Thursday, but it did not come as a surprise to readers of Financial Intelligence Report (FIR).
FIR has been warning for months that an automatic correction was in the works due to two factors: 1) the...
Apr 12, 2010
Nervous investors are wondering if another stock market crash is in the works.
With the market up substantially since its March 2009 lows, there is serious cause for concern.
The good news is that the market may not be a bad place to store your money.
The bad news is...