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Showing posts with the label commodities rise

Jim Rogers: More Pain for the Greenback, and the Failure of the Federal Reserve

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Jim Rogers: More Pain for the Greenback, and the Failure of the Federal Reserve:The Market Oracle: Jim Rogers: "...no country in history has ever emerged from a serious financial crisis by “debasing its currency." no country in history has ever emerged from a serious financial crisis by “debasing its currency.” The strategies that the central bank is currently employing are nothing short of “outrageous,” Rogers said. “You know, I've read the Federal Reserve Act,” he said. “Nowhere does it say [the central bank is] supposed to bail out investment banks! Nowhere does it say you should bail out Wall Street. Their mandate was to have a sound currency, and then it was later expanded to have employment – to help employment. But nowhere does it say: ‘Bail out investment banks.'” Q: Are we looking at a Japanese-style lost economic decade? Rogers : The Federal Reserve is making the same mistakes that the Japanese made. They're trying to say: “We won't let anybody fail....

Burst Bubble? Commodities' Long-Term Story Remains Intact

Burst Bubble? Commodities' Long-Term Story Remains Intact - Seeking Alpha : "I heard it on TV so it must be true. All kidding aside, the last two days have been absolutely brutal for the commodities side of our portfolio and Wednesday, the energy stocks also got whacked. And I don’t know about you folks but I haven’t reached that Zen, Buffett-like state where falling prices don’t faze me. They faze me. A lot. In my experience, the periods in which my self-doubts peak are honestly the times I should have been buying. Even in the short time since this website/blog has been up (since 01/2007), the market has already tested me many times and I can’t profess to have bought every time at that bottom. I have regretted it every time."

Leading Indicators all point down

Stock Market Leading Indicators: All Showing Major Weakness Mar 12, 2008 - 04:14 AM Market Oracle By: Donald_W_Dony Great easy to read charts in this article..... Bottom line: Leading indicators of the U.S. equity markets are moving in concert lower. These indicators normally lead the stock market by 6-12 months. As there is no technical evidence of any long-term trend reversals or even finding solid price support, this would suggest additional downward pressure can be expected for the equity markets in 2008. This action coordinates with the topping of the 2006-2010 business cycle. The peak in the cycle is associated with rising unemployment, weakening earnings and Fed reduction in interest rates. Investment approach: As the crest in the 4 year stock and business cycles have developed approximately mid-term, the likelihood of another 1-2 years of down trending equity markets is large. Commodities are one of the few investments that remain in a secular bull market. As the Fed will con...