I have just finished reading the best financial book ever, and I have read most of them. It is The Ascent of Money: A Financial History of the World by Harvard professor Niall Ferguson. It gives you a great explanation of how the broad sweep of history delivered us to the doorstep of today?s crisis.
?The most expensive advice that you will ever get is to be told at a market top that ?This time it?s different,? said Harvard economics professor Kenneth Rogoff
Those who have been dying of boredom during August -- the lowest volume, tightest ranging month in many years -- may be about to get their respite. September 12 (or Wednesday next week) offers a potential cornucopia of either fantastically good or terribly bad news, and maybe both. Let me give you a program of
Sell Short the Currency Shares Australian Dollar Trust October, 2012 (FXA) $105-$108 call spread at $0.35 or best Opening Trade 9-4-2012 ? 2:00 PM EST expiration date: October 19, 2012 Portfolio weighting: 10% = 45 contracts on a net delta adjusted basis This is a bet that the Currency Shares Australian Dollar Trust October, 2012
When communications between intelligence agencies suddenly spike, as has recently been the case, I sit up and take note. Hey, you don't think I talk to all of those generals because I like their snappy uniforms, do you? The word is that the despotic, authoritarian regime in Syria is on the verge of collapse, and
?For the third year in a row, high oil prices have slowed down the general economy, because disposable income is lost to high gasoline prices,? said John Hofmeister, former CEO of Shell Oil.
Following Howard Ruff for the last 35 years has always been eye opening, if not entertaining. The irascible Mormon is the publisher of Ruff Times ( http://www.rufftimes.com? ), one of the oldest investment letters in the business, and one of the original worshipers of hard assets. The great thing about the end of the world
When I was remodeling my 160-year-old London house, the chimney was in desperate need of attention. After the bricklayer crawled up the fireplace, he found a yellowed and somewhat singed envelope addressed to Santa Claus. Thinking it was placed there by my kids, he handed it over to me. In it was a letter dated
I wouldn?t say that I?ve made a great deal of money from using your recommendations, as I?ve got caught by bad timing on silver, SDS, TBT and EUO. I?ve also done very well out of your other recommendations. Your views on the market are invaluable, and you?ve helped a lot in learning how to manage
"I mind my own business," she told the Guinness World Records. "And I don't eat junk food," Said Besse Cooper, the world?s oldest person, on her 116th birthday in Monroe, Georgia.