Posts Tagged ‘ leverage ’

Silver Price Collapse Reminds of Risks in Paper Market

May 20th, 2011 | By | Category: Featured, Gold, Personal Investing
Gold and silver are strange things. They have been used for centuries as money and only in the last 40 years have they been shoved aside by the financial communists — yet they still exist as a free market monetary asset despite the force of all the government’s guns. The strange ...read more

Tags: , , , ,
Posted in Featured, Gold, Personal Investing | 13 comments


Gold: A Permanently Exuberant Plateau

Sep 21st, 2009 | By | Category: Featured, Gold
"Whether through exuberant hedgies or anxious private investors, gold just keeps pushing higher..." So speculative betting on gold going higher now equals a record-busting 752-tonne position in Comex futures and options, yet this is not a bubble according to Michael Pento of Deltaga. Let's say otherwise. Let's say that gold prices, surging ...read more

Tags: , ,
Posted in Featured, Gold | 4 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

Tags: , ,
Posted in Economics, Featured | 7 comments


Levered Technology, Unlevered Drillers

Mar 23rd, 2007 | By | Category: Macro Economics
My colleague Byron King wrote to you about the allure of private equity in his recent two-part series, "Energy and Private Equity." He describes how quite a few companies are weary of the mounting costs of listing their shares on public exchanges -- Wall Street's short-term focus being among the ...read more

Tags: , , ,
Posted in Macro Economics | No Comments »