Marc Faber was interviewed on Bloomberg yesterday. He had some fantastic thoughts on markets and the global economy. I strongly suggest that you watch the video and/or view the summary.

continue reading »

Jim Rogers was on BBC HARDtalk on 17/5/11. See below for the youtube videos of the interview.

continue reading »

Changes to the Site

May 18, 2011

I’ve recently added two new pages to the site: the book store and the Federal Reserve balance sheet charts page. I’ve got lots of great data and I’ll be posting more great long-term charts soon. Keep posted!

 

Jim Rogers is glad that silver had a setback in recent weeks (he doesn’t think that it was a bubble). He continues to believe in the long-term bull trends in China and Commodities and in a prospective bear trend in US Treasury Bonds. See the video here. [EDIT: Or below.]

continue reading »

Jim Rogers was on CNBC yesterday – he outlines some profound and deep insights about oil, gold, silver & the euro.

continue reading »

Statements such as ‘The Federal Reserve should have done such and such’ or ‘The Bank of Japan shouldn’t have done this and that’ are often uttered by market analysts and commentators. Although these analysts and commentators are often well-intentioned and healthily skeptical, their statements contain a fallacious premise (in my mind): that central banks could have succeeded.

     

    Cartoon with Bernanke and an Angel - About Omniscience & Central Banking

    Click to enlarge.

    continue reading »

    The bull-run in silver has been quite extraordinary of late. After trading in the $15-$20/ounce range during the second half of 2009 and the first half of 2010, it has exploded higher to almost $50/ounce.

     

    After a decade of popping bubbles, a great number of commentators have succumbed to the temptation of calling silver a ‘bubble’. Although I empathize with this skepticism of the recent drastic price rise, I beg to differ on the terminology. I contend that such widespread ‘bubble-watching’ is a symptom of an embarrassed investment community. Collectively (and definitionally), they missed out on TMT in 2000, Real Estate in 2006 and just about everything in 2008. Here, in defiance of the contention that ‘Silver is a Bubble’, I contrast the characteristics of the famous Tulipomania with the recent bull market in Silver.

    continue reading »