Stocks have an incredible track record of picking the President ahead of the election. The S&P 500's price performance during the three calendar months leading up to the presidential election has predicted whether the President would be re-elected or replaced with 86% and 88% accuracy, respectively. We're only 15 days into this indicator but, so far, it's pointing to the incumbent. [There's more! Read on.] Words: 250
Read More »The Most Pressing Risks To The Global Economy Right Now Are…
The impact of sluggishness in the U.S. consumer base, U.S. fiscal policy changes, and the prospect of recession in the eurozone now rank in the top five slots on Fitch Ratings' map of the most important and urgent risks to global ratings. Read on to learn what the other 10 major risks are to the global economy.
Read More »John Paulson Now Has 44% of His Hedge Fund’s Assets in Gold Stocks/ETFs! How Much Do You Have? (+2K Views)
Closely-followed billionaire hedge fund manager John Paulson, who famously bet against the subprime housing market in 2007, released his 13F regulatory filing revealing that his hedge fund increased its stake in gold in the second quarter to 44% of his funds equity assets. How much do you have invested in physical gold, gold ETFs, gold mining shares and warrants?
Read More »Mohamed A. El-Erian: Bad Economics Led to Bad Politics and Will Further Undermine Economy Unless….
The warning bells are ringing, and they are ringing loudly. We've already allowed bad economics to lead to bad politics. Now, it's high time to put a stop to the cycle where bad politics undermines an already fragile economy. [Let me explain.] Words: 1085
Read More »Which Major Gold Miner Offers Investors the Greatest Bang for Their Buck?
Which major gold miner offers investors the most bang for their buck...depends on which metric you use to measure value, but one metric I like to look at is miner's proven & probable gold reserves in relation to its market capitalization. This statistic offers investors a quick glance at how much the market is valuing each ounce of gold on a miner's mineral reserve report. To make comparisons amongst gold miners more relevant, we're only going to focus on Proven and Probable gold reserves, as inferred, indicated, and measured reserves may not even exist. So which gold miners offer the best value in terms of reserves? Let's find out. Words: 850
Read More »Costello's Take On the Current Unemployment Rate in America
The articles posted on this site are so serious in content it always is enjoyable when an opportunity presents itself to comment on a serious subject but still manage to put a smile on your face. This is one such occasion. Enjoy!
Read More »Eric Sprott: More Government Spending Is NOT the Answer to Our Economic Woes – Here’s Why (+2K Views)
In today’s overleveraged world, greater deficits and government spending, financed by an expansion of public debt and the monetary base (“the printing press”), are not the answer to our economic woes. In fact, these policies have been proven to have a negative impact on growth. [Therefore] as long as we continue down this path, the “solution” will continue to be the problem. There is no miracle cure to our current woes and recent proposals by central planners risk worsening the economic outlook for decades to come. [Let us explain.] Words: 1510
Read More »Deutsche Bank: Further QE Might Actually Be BAD for Gold Prices! Here's Why
Gold bulls often argue that the yellow metal will only go up as long as central banks continue to employ easy monetary policy however this thesis has been around so long that it might not even work anymore. That's the gist of what Deutsche Bank suggests in their most recent outlook for precious metals prices. In a note to clients, they write:
Read More »Fracking: Everything You’ve Always Wanted to Know but Were Embarrassed to Ask (+2K Views)
Marathon Oil has a great animation on the basics of hydraulic fracturing or "fracking." It explains how horizontal drilling works and explains the roles of water and sand. Take a look.
Read More »Check This Information Out Before Investing in Any Senior Mining Companies
If you are interested in comparing the stats and ratings of companies operating in each of the commodity sectors you will find this analysis of great benefit in determining which company or companies to invest in. Words: 575
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