March 10, 2011 - Quote of the Day
'I think you would see a 25% reduction in the standard of living in this country if the dollar were no longer the world's reserve currency,' said real estate mogul, Sam Zell.
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'I think you would see a 25% reduction in the standard of living in this country if the dollar were no longer the world's reserve currency,' said real estate mogul, Sam Zell.
Featured Trades: (WHY OIL WILL PEAK ON FRIDAY) 1) Why Oil Will Peak on Friday.? Texas tea has undergone the perfect storm over the past month, with the Middle Eastern dominoes falling one by one. It was the worst case scenario times five, and all of a sudden my once outrageous claim that crude
Featured Trades: (NEXT STOP $50 FOR SILVER), (CDE), (SLV), (AGQ), (SLW) 2) Next Stop $50 for Silver. Last week, I saw silver rise $1 in one day. I remember when the white metal's total cost was $1! When I urged readers three years ago to load up on silver at $10 because it was
Featured Trades: (BETTING ON A MIDDLE EAST WAR) 3) The Bookie's View on War in the Middle East. I have written in the past about the online betting site, Intrade (click here for their site), which will take wagers on anything under the sun, including a range of economic and political probabilities (click here for
'A girl in the convertible is worth five in the phone book,' said 'Oracle of Omaha', Warren Buffet, CEO and the largest shareholder in Berkshire Hathaway.
Featured Trades: (MY ALL ELECTRIC BOOBY PRIZE), (NSANY), (TM), (BYDDF) 2) China's BYD Promises to Take Over the US Car Market. For years now, I have been chronicling in exacting detail my quest to buy an all-electric Nissan Leaf automobile as the ultimate hedge against rising oil prices (click here for 'Getting Something for
'You know you're no longer CEO when you get into the back of your car and it doesn't move,' ' said 'Oracle of Omaha', Warren Buffet, CEO and the largest shareholder in Berkshire Hathaway.
Featured Trades: (THOUGHTS ON OIL AND THE ECONOMY) 1) Thoughts on Oil and the Economy. If at the beginning of the year I had told you that oil would go well above $100/barrel within two months, there would be a civil war in Libya, and the stock market would hit a new three year high,
Featured Trades: (UPDATE WITH TECHNICAL ANALYST CHARLES NENNER) 2) An Update with Technical Analyst to the Stars, Charles Nenner. If you have not made your year by now, you are dead meat. Many of 2011's big moves have occurred, and there aren't going to be many fireworks for the rest of the year. Many
Featured Trades: (FEBRUARY NONFARM PAYROLL) 3) The February Nonfarm Payroll. President Obama's political advisors were no doubt popping the champagne bottles on Friday morning when the February nonfarm payroll showed a gain of 192,000. It was the best report in two years. The headline unemployment rate handily dropped from 9.0% to 8.9%. The December
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