Australia Slips on a Bunch of Greece
Sydney and Athens may be 10,000 miles away from one another, but the financial markets behave as though they’re next-door neighbors. The financial turmoil in Greece has knocked the Australian dollar...
View ArticleThe Dollar Heads to Debasement
Once upon a time, a specific weight of gold stood behind every U.S. dollar. So no one needed to worry about the U.S. government’s faith or its credit. But that chapter of the dollar’s history ended in...
View ArticleIt Ain’t Crazy to Buy the Loonie
“Buy low. Sell high,” is an old Wall Street expression that seems especially relevant in today’s currency markets. The U.S. dollar’s value is quite high; the Canadian dollar’s value is quite low. So...
View ArticleCashing In on the Commodity Collapse
Everyone likes to complain about inflation, right? But I have news for you: There are big changes afoot that are going to make many of the things you buy not more expensive, but cheaper. Let me show...
View ArticlePosition Yourself for a Commodities Rebound
The commodity markets are getting crushed… which means they are in the process of creating a classic Warren Buffett-style buying opportunity. It is probably too early to “back up the truck” to buy...
View ArticleOil Chic
I’ve told you about the bearish forces pushing oil prices lower. Those forces include rising U.S. production, rising Saudi production and a treaty with Iran. The treaty could lift restrictions on...
View ArticleIs China Trying to Start a Currency War?
A “Shanghai Surprise” is old-time gangster slang for a bomb… and that’s exactly what China threw into the global currency markets this week. It devalued its currency, the yuan (or renminbi), by 1.9%...
View ArticleHave We Seen the Bottom in Commodities?
I’ve just returned from the Sprott-Stansberry Vancouver Natural Resource Symposium. I expected to find a lot of exuberant resource bulls at the conference. After all, the natural resource sector is the...
View ArticleFear and Loathing in the Energy Sector
Man, I thought gold was hated… that is, until I saw the way that investors are treating the oil markets lately. Energy stocks that pay big fat dividends aren’t just disliked. They’re loathed! Sure,...
View ArticleThe Best Way to Buy Commodity Stocks Right Now
A few weeks ago, Barron’s ran a cover story with this emphatic headline: “Commodities: Time to Buy.” Unfortunately, they forgot to put a question mark at the end. Yes, oil has tumbled 30% since late...
View ArticleChina Rocks Palladium
“China’s clean air drive is giving palladium a boost,” Bloomberg News reports. The chart below tells the tale. The palladium price jumped more than 5% yesterday, thanks to an announcement out of China...
View ArticleGet Ready to Profit From Falling LNG Prices
I think oil prices are in a bottoming process. But I think there’s one area of the global energy market that is vulnerable to another steep leg down – liquefied natural gas, or LNG. The good news is,...
View ArticleRadioactive, But Not Toxic
Uranium may be radioactive, but that doesn’t mean it’s always toxic. It’s true that during the last several years, uranium has been very toxic to investment portfolios. But if recent trends continue,...
View ArticlePity Goldman Sachs
You know things are bad when even the big investment banks can’t make money. And that’s in markets that have been rigged for their benefit for many years. Third quarter earnings announcements by big...
View Article100-Baggers in the Natural Resources Sector
A note from Eric: The latest book by my good friend Chris Mayer is hot off the press. The book is titled 100 Baggers: Stocks that Return 100-to-1 and How to Find Them. By conducting a very...
View ArticleThe Dollar Gets an Ouchy… A Sign of Things to Come?
For whom the bell tolls: It tolls for the U.S. dollar. At least that’s one possible interpretation of the chart below. The Dollar Index appears to be forming an ominous technical pattern known as a...
View ArticleThe First Shot in the War on Cash
“The first shot in the War on Cash?” Yes, it’s true; time to duck for cover. We’d just finished researching and writing about the “Deep State” for the latest issue of our monthly publication, The Bill...
View ArticleRight Money/Wrong Money: The Heyday for Hedge Funds Is Over
Hedge fund managers have been selling gold more aggressively than at any other time in the last 10 years. That fact may be the newest reason to be a buyer of the yellow metal. Once upon a time, hedge...
View ArticleJunk Bond Crisis or Opportunity?
Wall Street is reeling from a crisis in junk bonds as one fund after another closes its doors. Could this be the start of something bigger or just a short-term tizzy? Opinion on the street is mixed....
View ArticleBest of 2015: Are Your Savings Cyber-Safe?
At the most basic level, almost every form of cyberterrorism is a form of theft. It steals our wealth… our liberty… our sense of security. Defending ourselves against this threat, which is both...
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