Financial Sense Exclusive Editorials
Oct 17
Today’s anti-Wall Street protests show that many citizens are blaming Wall Street for the country’s economic difficulties. Even the President of the United States has expressed sympathy for the...
Oct 13
The most important history lesson of the last century, America's skilled workers deficit, 30-year mortgage rate soars back above 4%, Slovakia clears road for euro bailout, ...
Oct 12
UK unemployment highest in 15 years, euro strenghtens, drug lords prefer gold, ...
Oct 11
Wall Street faces 10,000 job cuts through 2012, Slovakia, and how to protect your gold from theft, ...
Oct 10
Russian Prime Minister Vladimir Putin’s article in the Oct. 3 Izvestia, titled “A New Integration Project for Eurasia,” received a spontaneous and hostile mass-review. In recent days, the Russian-...
Shorting at highest level in 5 years, China facing subprime credit crisis, Occupy Wall Street spreads to London, ...
Oct 07
Amazing speech by Wall Street protestor, positive jobs numbers, Moody's and Fitch go on downgrade spree, ...
Oct 06
Successful investor and author warns that a trade war could lead to a repeat of the Great Depression and another war between U.S. and China. He's also bullish on the US dollar.
Steve Jobs passes away, 30-year mortgage below 4% a first in US history, do we need a debt jubilee?, ...
Oct 05
"The smart money says the U.S. economy will splinter, with some states thriving, some states not, and all eyes are on California as the nightmare scenario."
Moody's slashes Italy, China to slow to 0-3% growth, Whitney and Buffett on banks, ...
Oct 04
Fed: "We can expand money supply to the Nth degree", China warns of trade war on US bill, Fannie knew of foreclosure abuses in 2003, ...
Oct 03
It has recently come to light that Prime Minister Vladimir Putin is going to run for the presidency of Russia next year. Last March, while visiting Russia, U.S. Vice President Joseph Biden advised...
Recession now a done deal, commodities plunge, suprise rise in US manufacturing, Eurozone contracts, ...
Sep 29
If the market is moving on headlines, it would be good to know what future headlines the market is anticipating. Planning ahead keeps you ahead of the game and your competition (other investors...
Clueless TV Reporter explains gold sell-off, Germany approves bailout fund, Bernanke declares unemployment a 'national crisis', ...
Sep 28
The following infographic shows how much the U.S. and each American taxpayer owes in debt to individual nations around the world. Can you afford to pay the bill?
Europe's high-risk gamble, Switzerland shutters nuke plants, new financial transactions tax, worst retirement mistake you can make, ...
Sep 27
Overnight markets were aggressively higher, gaining 3-5%. The proximate cause for all of that joy was the belief that somehow Europe would find a way to unleash giant amounts of money from the...
A brief Powerpoint presentation showing the short supply of high quality crude, burgeoning China demand, declining production capacity, and projections.
It is apparent from the incoming economic data that the economy is slowing rapidly in the US, Europe, and Asia. Unless countered with fiscal stimulus and more QE, it is looking more like there...
You may remember that this was indeed the title of the last novel published by John Steinbeck. Maybe a bit apropos to our current circumstances as the big themes in the book revolve around the...
Europe's TARP style bailout, largest precious metals shipwreck in history?, "Goldman Sachs rules the world", flying through waterfalls, silver soars 26%, ...
Sep 26
The market played catch up to the 50-day moving average last week. It failed to break above it on the first try. Then later in the week, market indices broke down through a month-long...
Last week I discussed the rally we experienced two weeks ago in an attempt to put things into perspective. I said that if intermediate term resistance of 1232 on the S&P 500 and 11,720 on...
Through a global system of commerce many nations have been enriched, and life has become better for many peoples. The developed world has had the greatest advantage because European history...
Sep 23
More than a month ago I penned an article titled, “Economic Indicators Show Recession As Early As Next Month.” Since then more and more indicators have come out to further solidify that call while...
Sep 22
Despite the equity market indices holding the August lows today, commodities are rolling over instead of firming which is not the condition the market needs in order to find a long-term bottom...
Prior to the Jobs and Growth Tax Relief Reconciliation Act of 2003, which was signed into law by President George W. Bush on May 28, 2003, the following discussion was a non-issue due to the non-...
Sep 21
The market was secretly hoping for a surprise announcement from the Fed of new monetary stimulus but instead got what it already expected: Operation Twist. With the economy rolling over and the...
According to Dow theory, both bull and bear markets have three phases. Between each of these phases there are important counter-trend moves. Our Dow theory founding fathers explained that...
Sep 19
The market flirted with support levels in early trading last Monday. When the selling pressure could not drive the market lower buyers came in. The market was up every day last week. The S&P...
The relationship between Europe and Turkey has a long history, and it is not a happy history. While Europe outwardly reviles racism and “hate speech,” Europe inwardly seethes with ethnic prejudice...
Sep 16
The National Bureau of Economic Research (NBER) is the official institution that dates recessions in the U.S., and on September 2010 they declared the recession that began in December 2007 ended...
Credit Crisis the Result of Greatest Financial Crime in World History
Where are all the convictions?
The S&L Crisis was the last major case of domestic fraud resulting not only in major U.S. bank failures but also thousands of convictions across the financial industry. However, today's crisis...
Sep 15
The Nasdaq is currently facing a confluence of resistance levels on multiple time horizons that will prove very critical in the days ahead. To break above would require a very bullish catalyst,...
To attempt to catch the market bottom or top is difficult at best and dangerous to overall wealth at worst. However, trying to stay with the overall market trend is relatively easy. Last month I...
Sep 13
We are going to start with an analog chart comparing the Standard & Poor’s Composite from its high in 1929 to the Standard and Poor’s Composite’s high in 2000. The chart is drawn from...
Although it’s just my own personal shorter term outlook, I’m currently making decisions under the macro assumption of a recessionary environment to come on the fundamental side of the equation and...
