Financial Sense Blog

The rally off the March lows has been something to behold with the S&P 500 up more than 45%. The market has climbed a wall of worry as many financial pundits were repeatedly looking for a market top for the bear trend to continue or a significant pullback to at least offer them a chance to reenter the market.

If you want to thoroughly understand something, examine its origins. With regard to nations, examine the nations’ founders; for nations draw their character from men; and the character of men may be read in their words and deeds. Today the world stands on the brink of a great transformation: what Marxists call “The Revolution.” Through global economic distress and upheaval, with help from its Russian partner, China hopes to become the world’s chief power in East Asia, the Pacific and North America...

To date the Obama Administration has thrown an unprecedented amount of stimulus at the economy, with the latest bit of stimulus being the $1 billion Cash for Clunkers program that lawmakers were “surprised” was depleted so quickly. Really? Who wouldn’t want free money thrown their way?

There is a lot of talk about this market being overbought. There’s just as much talk about how many investors aren’t in this rally and they want in. Let’s start the talk for those that ARE in this market – what now? What are some signs to watch out for? Are you day-trading in and out of positions? Why not let those winners run? Here are some guidelines to help let those profits run in a trending environment.

In this article I surface the Fed purchasing "on the run" Treasury securities which essentially violates the spirit of the law that forbids the Fed from lending directly to the Treasury.

The magic word is “no.” Despite what you may have heard, the power of the word “no” outstrips the power of “yes.” The word “no” has greater utility, avoids unsuspecting troubles and protects against severe injury and death. When a toddler is about to stick a fork in a light socket, the word “no” saves the child from electrocution...

Back in February an article was penned in which the case was made for a period of underperformance in gold relative to the general stock market (Gold, Is the Future Still Bright or Fading?). In this article a case is made for a strong second half for both gold and precious metal stocks.

In this article I discuss the tools and strategies outlined in Bernanke's exit strategy. In conclusion I focus on the price risk and interest rate risk that the Fed must address in its attempts to drain reserves from the banking system.

"Green shoots" has become the new economic mantra used by the media to describe our current economic condition. The recession that began in December, 2007 is now in its twentieth month. You would have to...

Meet Victor Kalashnikov: former KGB officer, scholar, analyst, and writer. He is married to historian and journalist Marina Kalashnikova, the subject of last week’s column. Before the Soviet Union collapsed Victor worked for the KGB in Vienna. After Gorbachev’s bizarre abdication in December 1991, Victor found himself drawn into the Presidential administration of Boris Yeltsin on orders of KGB General Yevgeny Primakov...