Posts Tagged ‘ currency ’

Two Reasons to Buy China-Based Stocks

Jun 2nd, 2010 | By | Category: Featured, International, Personal Investing
How do you make a 100% gain in a foreign stock even if the price of the shares go nowhere in their home market? It’s all in the currencies. To have any chance of doing that, you have to start with a cheap currency. For U.S.-based investors, one of the ...read more

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Posted in Featured, International, Personal Investing | 4 comments


Why Gold Really Is Money

Dec 29th, 2009 | By | Category: Featured, Gold
L: Doug, we’ve talked about cars, cows, and cash, but the investment world thinks of you as a gold bug, so let’s give that a go; why gold? Doug: Sure. First of all, it’s because gold is actually money. It’s an unfortunate historical anomaly that people think about the paper in ...read more

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Posted in Featured, Gold | 9 comments


Living on the Bubble

Sep 10th, 2009 | By | Category: Featured, Morning Whiskey
Some bubbles are more resilient than others. Some bubbles have a significant amount of yield to them, depending upon how fully they were inflated and how sharp the object poking them is. Some bubbles have thick, yielding coverings and are never inflated to rigidity beyond the point at which little kids sit ...read more

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Posted in Featured, Morning Whiskey | 15 comments


Iceland: Harbinger of Worldwide Collapse

Apr 17th, 2009 | By | Category: Featured, Macro Economics
Iceland is a mess.  Total mess.  Bankrupt and its currency, the krona, has been abandoned by most people in the world. In Iceland it's lost two thirds of its former value and purchasing power.  Iceland is a nation that throughout its long 1100 history-year history has been extremely poor, depending ...read more

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Posted in Featured, Macro Economics | 13 comments


After the Dollar

Apr 7th, 2009 | By | Category: Featured, Morning Whiskey
All right, we are all agreed – the dollar is doomed. But I haven’t heard much talk about what’s going to come after it, except for mutterings about going back to a gold standard. Let’s look at some of the possibilities. First, let’s consider a bit of history. Money was originally ...read more

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Posted in Featured, Morning Whiskey | 5 comments


Mindless Risk Taking

Jan 8th, 2009 | By | Category: Economics, Featured
Satyajit Das’s book, Traders, Guns & Money, opens with a great anecdote about a meeting with an Indonesian noodle company. The noodle men were “Indonesians of Chinese extraction,” Das writes. “They were part of the infamous ‘bamboo network’ of ethnic Chinese business interests that crisscrossed South East Asia.” The noodle ...read more

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Posted in Economics, Featured | 7 comments


History Rhyming: Gold, Government and Taxes

Nov 21st, 2008 | By | Category: Featured, Gold, Macro Economics, Politics
Society functions best when each individual minds his own business…literally. When concerns are local and governments miniscule — just doing modest things like protecting property rights and enforcing contracts — then things generally work out for the best. When governments get ambitious and each citizen seeks ...read more

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Posted in Featured, Gold, Macro Economics, Politics | No Comments »


Focus on Currencies, Part I

Feb 12th, 2007 | By | Category: Currencies
 What follows is Part I of a focus on currencies including the U.S. dollar index, the yen, the euro, the British pound, and the Canadian dollar. There is a special emphasis on the yen. This analysis covers five factors: Technical analysis Politics Commitment of traders (speculation vs. hedging) of currency futures The carry trade Fundamentals Let's kick ...read more

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Posted in Currencies | No Comments »