Investing Strategies
Along with the market decline, the price of oil has fallen. It’s down 50% within three months. Back when oil hit $147 per barrel in July, I said that the price “ought” to be in the range of $100-110, with the possibility of a drop into the $90s. That’s what ...read more
A “Patton Speech” for Gold
Oct 29th, 2008 | By Byron King | Category: Commodities, Gold, Investing Strategies
Do you remember the 1970 Academy Award-winning movie Patton, starring George C. Scott? In the beginning of the movie, Scott — playing the iconic American Gen. George S. Patton — stands in full dress uniform, backed up by a gigantic American flag. Scott then rouses the troops (and the audience) ...read more
When Bad Things Happen to Good Investments, Part II
Oct 20th, 2008 | By Byron King | Category: Energy, Investing Strategies
Before you do anything precipitous — like sell your last stocks and stuff the cash into your mattress — let’s ask a few more questions.
If you sell out now, what price will you get? A low price, right? So if you sell now, you will leave a lot of value ...read more
Useful Stuff, Not Inflated Debt
Oct 13th, 2008 | By Chris Mayer | Category: Economics, Investing Strategies
“If you crossed the street blindfolded, you’d probably be OK. But the consequences of being wrong are so great, it’s a bad idea.”
— Bill Bonner, Founder of Agora
The “financialization” of the American economy is an era coming to a close. It’s back to the basics of wealth creation, to the ...read more
Investing During a Crisis
Oct 3rd, 2008 | By Dan Denning | Category: Investing Strategies, Macro Economics
EVERY ONCE IN a while, a report comes out from a government agency that’s so unassumingly candid you’re forced to admit a mistake has been made and that the document was mistakenly leaked, or that its author will soon be fired.
I couldn’t help thinking something like that when I read ...read more
Investing in Innovators
Aug 28th, 2008 | By Chris Mayer | Category: Economics, Investing Strategies, Macro Economics
While in Vienna last month, I grabbed hold of the international edition of The Wall Street Journal. Over a classic Viennese breakfast of coffee, a boiled egg and pastry, I stumbled across an interview with Ted Forstmann, titled, “The Credit Crisis Is Going to Get Worse.”
I hadn’t seen Forstmann’s name ...read more
Land Ownership
Aug 25th, 2008 | By Chris Mayer | Category: Housing, Investing Strategies
“All a man has to do to get rich in America is find out where people are going, get there first and buy land.”
— Gen. Douglas MacArthur
Bob Hope, the great American comedian and Hollywood star, was actually born in England. He once quipped, “I left England at the age of ...read more
Commodity Bull Market
Aug 22nd, 2008 | By Whiskey Contributor | Category: Commodities, Investing Strategies, Oil
The commodity bull market has a long way to go. This bull market is not magic. It’s not some crazy “cycle theory” I have. It does not fall out of the sky. It’s supply and demand. It’s simple stuff.
In the 80s and 90s, when people were calling you to buy ...read more
Long-Term Equity Anticipation Securities
Apr 30th, 2008 | By Whiskey Contributor | Category: Investing Strategies
Leaps: An Investment Worth Jumping At
LEAPS stand for Long-Term Equity AnticiPation Securities. Like options, LEAPS are traded publicly and represent the right to buy or sell an underlying stock at a predetermined price. But unlike options, which have expiration dates measured in months, LEAPS expire in a matter of years. ...read more

