Death of Dith Pran

I just wanted to drop a quick note on the death of Dith Pran, the journalist on whose account of the killing in Cambodia the movie “Killing Fields” was based.
I am thankful for all the freedoms we have here in the USA and each time I read a story such as his, I appreciate […]

B&M Relief Coming

Apparently, Congress wants to give bankruptcy judges the ability to forgive mortgages:
” One would let bankruptcy judges reduce the amount owed and interest payments on loans held by distressed borrowers.” Source: Yahoo Finance (see the full article HERE).
RIDICULOUS! If we allow any instrument of the government to nullify a legal contract based on personal discretion, […]

Even “Safe” Investments Could Be Risky

Many people flocked to short term bond funds in the past few years hoping to earn a rate of return higher than their bank accounts and money market accounts were paying. The relatively higher yields were attractive, and the fact that these funds invest in “ultra short” or “short term” bonds, made investors feel comfortable […]

Asia Lookin’ Good?

In 1998 investors ran away from Asian markets as a panic set through causing shares of most Asian companies plummeting. However, in the past 3 years things have been different. New ways to trade Asian securities along with greater acceptance of investing in foreign markets have caused a flood of international money to flow into […]

Make Sure You Watch Boone Pickins

I will follow up more later, but T. Boone Pickins, a long time oil expert and someone who has made billions in the natural resource business (basically someone you should listen to) commented about the state of the commodities markets, especially oil and natural gas. he also touched on energy independence and amusingly, commented on […]

ANOTHER Great Resource - “Bailout Nation”

I love this. For those of you who are interested in the economics of today, may I turn you on to Bill Fleckenstein. I have mentioned him before in my blog and thoroughly enjoy his analysis and thoughts.
READ THIS LINK TO HIS LATEST ARTICLE ON “BAILOUT NATION:”
He often comes up with fun nicknames for issues […]

Ridiculously Good Interview TWO

Mr Rogers, Jim that is, did the same routine for CNBC. His message is similar but he says a few other things. If you liked the last posted link, you’ll like this one too:
CNBC Link to Jim Rogers
Enjoy!
Chris Grande
3.19.08

Ridiculously Good Video Featuring Jim Rogers

For those of you interested in INTELLIGENT commentary on the recent Fed bailout of Bear Stearns, go to this video of a Bloomberg interview of Jim Rogers the “Adventure Capitalist.” This guy knows what he’s talking about - pay attention to how he describes the repercussions of the Fed’s action:
 Bloomberg Video Link
Click the video […]

Another Blow Up for Uncle Ben and His Hammer

A few weeks back I mentioned that I had felt bad for Ben Bernanke because he inherited a situation he could do nothing about. And now today, the game continues. This is the game where Ben is holding the hammer, and he is trying to hit the economic monkeys as they pop out of the […]

Another 100 Barrier BUSTED

From Newark, NJ
I woke this morning to find another “asset” has broken the psychological 100 barrier – The Yen!
 Yahoo Finance Story Here
If you remember, a couple of weeks back I wrote a quick entry when oil broke over 100 dollars per barrel (playing with $110 right now). Now we have the Yen, breaking 100 […]

How Much Can I “Buy” YOU For?

Amid all the debate over health care costs, I have come to the belief that we must first get past a certain point of understanding. Specifically, each of us must be asked “How much do you cost?”
What do I mean by that? Quite simply, some people would like the government to pay for their health […]