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Markets

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Update Hope

Oct 14, 2008 at 00:00

Should the masters of the universe be successful (at least for a time) in maintaining their illusory, and subtle monopolies over the masses, the best hope that exists today, (or…

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The Survival of the Longest

Oct 14, 2008 at 00:00

In this difficult period, do nothing and hold nothing but gold. Only gold, the ultimate asset that has survived the longest in human history, can save us now ... A…

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Financial History in the Making

Oct 13, 2008 at 00:00

As you all know, the bailouts this month were massive and truly mind boggling, but the big spending actually started before. First, there was the $150 billion in stimulus checks,…

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How Credit Crises Begin and End

Oct 13, 2008 at 00:00

Whether the latest cover of Time will mark a major turning point in the stock market, along the lines of the infamous "Death of Equities" Business Week cover from 1979…

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Last Man Standing

Oct 13, 2008 at 00:00

Why will no amount of these narrowly placed pork belly measures help the economy? Or perhaps a better question is, 'how do I know this for sure?' One should ask…

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Weekly Wrap-Up: Valuation Doesn't Matter

Oct 13, 2008 at 00:00

To anyone who was in the markets during the heyday of the Tech Bubble, this is an interesting mirror image of what was going on back then. Around 1999, the…

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Is the Stock Market Crash Over?

Oct 13, 2008 at 00:00

The anxiety and fear people are having about their investments in the stock market is growing. The DOW had its worst week EVER in point and percentage terms last week…

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Close Positions for Huge Profits

Oct 13, 2008 at 00:00

We're going to strike while the iron is hot and get out ahead of the game. If you had applied 2x leverage to your positions, below is a chart of…

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Notes From the Rabbit Hole

Oct 13, 2008 at 00:00

Employment data are degenerating, prices are dropping and inflation is the last thing on anyone's mind, including a now rate cutting Fed that pretended to be concerned as recently as…

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The Financial Crisis Will Soon Abate, But The Real Crisis Will Soon Begin

Oct 13, 2008 at 00:00

There were many financial crises in the US prior to the 1930s ... the thing that transformed a financial collapse into an economic depression lasting more than a decade --…