Whistleblower Edward Snowden needs to disappear if he is to avoid kidnapping, assassination, extradition, or deportation to the United States. If you’re ever faced by a situation in which you need to disappear, right away, what would you do?
Our Magnificent Seven of Grains are perhaps not as exciting as those in the Seven Samurai or the cinematic classic The Magnificent Seven(Yul Brynner, 1960), but they are also essential to the survival of the world “village.”
Clearly, Warren Buffet understands “management of risk” concept for he too has learned when to “play hard” and when not to “play.”
Until the past few months I've not routinely reported on monthly manufacturing data, regional or otherwise.
Commercial traders of gold futures are showing one of the most bullish conditions in years. They are usually presumed to be the "smart money", and so when commercial traders move to a lopsided net position as a group, it usually means that prices are going to be moving in their chosen direction.
Since May 22nd the markets have been taking a much needed breather and have continued to cool off into this week. While the markets have had a mild pullback, there is nothing in the data below to currently alter our bullish outlook for the market and economy.
The Tokyo Nikkei Average has been in another free-fall since the top in May, falling -22%. Before we get to the long-term chart, let's look at the one-year daily bar chart.
Sitting in a restaurant in Belize City last week, I was mesmerized by television reports describing NSA whistleblower Edward Snowden. Most of the press coverage of Snowden’s leaks has dealt with the breathtaking scope of the U.S. government surveillance he revealed.
What makes the recent crisis particularly interesting is the role of the government. The U.S. government has been unequivocal in its intention to promote universal home ownership and thereby lessen inequality in the attainment of the American dream.
The talking heads and so-call analysts that are advocates of this being a new bull market have simply not done their homework. In my opinion, as is the case with the public, they too are being lead by emotion.
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