Guest post by Investment Contrarians While Fed Chairman Ben Bernanke’s announcement that a reduction in the asset purchase program will begin later this year was not a surprise to me, stocks felt the impact as selling ensued across the board. However, though the S&P 500 did pull back, it is still near its all-time highs.…
While there are of course many aspects of life that keep on getting more and more expensive: house prices, private education and fuel to name a few, it would appear that in the financial world there is one area which is experiencing terminal deflation: advice. Perhaps this is not surprising given the way that, courtesy…
Update – I guess turkey’s do vote for Xmas. We open this blog with the following from the last statement by ENRC’s Chairman – “This request to the Panel was made by the Independent Committee with the expectation that any revised proposal will have regard to the Independent Committee’s strong view that the initial proposal…
In a year in which physical holdings of silver have risen to near-record levels, investors are now certainly regretful as the price of the precious/industrial hybrid is now down 34% YTD in one of the most bearish moves since the 80s. With the latest developments in monetary policy with the FED possibly tapering its asset…
As we all know, the Federal Reserve has two mandates: keep the inflation rate low (officially, they have an optimal rate of two percent) and try to keep employment at or near maximum levels. Because the extent of the recession has been so large and deep, in both of these measures, the Federal Reserve has…
For anyone who believes that resource bases selling for th cheapest values in over 15 years is likely to prompt consolidation, here’s our picks that are now half the price! Guess where we are on the investor sentiment cycle below… Looking at the bulletin boards – anger and despair are the dominant themes in this…
What with the largest short position in gold futures since 2001 (data from CoT stats), we now have news out of Bloomberg that gold traders are the most bearish since Jan 2010… From Bloomberg – Gold traders are the most bearish in 3 1/2 years after prices fell to the lowest since 2010 following Federal Reserve…
