Gold went bonkers last week – strange when you consider it was on the back of a major power shift in Washington. Aren’t the Republicans running on a deficit reduction platform? Gold certainly doesn’t buy into that idea or promise, [...]
November 8, 2010
Freedom by Friday
Tomorrow night the polls will close. There will likely be a change in the leadership of the House of Representatives and maybe the Senate. If change does occur in just the House, then the order of the day will be [...]
November 1, 2010
Freedom by Friday
Omaha Beach that is. I just returned from a trip to France. On the flight over I sat next to a veteran of the Omaha Beach War. He was stationed in Germany at the time. We got to talking and [...]
October 25, 2010
Freedom by Friday
QE II Funny how Wall Street and the media come up with funny acronyms for serious problems. The latest is QE II. Not the cruise ship operated by Cunard, not Queen Elizabeth the second of England, no QE II refers [...]
October 18, 2010
Freedom by Friday
The other day I took a cab ride to the airport. I was in a great mood before I got in the taxi! I always strike up a conversation with the driver – it’s nice to get the perspective of [...]
October 11, 2010
Freedom by Friday
Closing in on $1,300 Gold prices are at new highs. Last week’s bump pushed the price of our favorite metal close to the $1,300 level. Gold and silver have outperformed nearly every asset class this past year. Yet, in the [...]
September 27, 2010
Freedom by Friday
As I write this the S&P has rallied by almost 6% in just a few trading days. Get used to it. In an environment of uncertainty rallies and plunges are the norm. Two weeks ago things could not get much [...]
September 13, 2010
Freedom by Friday
The last quarter ended with a whimper. Stock indices had their worst quarter in four years and the worst August since 2001. Despite the rally last week where we saw the indices tack on 2.5% in one day, it’s been [...]
September 6, 2010
Freedom by Friday
Sometimes you get what you need. It’s funny and it’s not. Home sales are plunging again, durable goods sales slowing, and the markets are running scared. If this is news to you, then you haven’t been paying attention to what [...]
A Legitimate Multi-Trillion Dollar Market at Your Fingertips 7:01 AM Dear Entrepreneur: The Treasury bond futures market is a 24-hour cash monster of more than $45 trillion! The best part about this market is you can start making money fairly [...]