If you’ve ever wanted to lose your hair, develop a stomach ulcer and put yourself at risk of an early heart attack, I have a recommendation for you: trade currencies! I say this (mostly) in jest, but currencies are an area that a lot of investors find baffling.  With stock market investments, you have something...Read More

In the event you are too busy to read a full article this morning, I’ll sum it up for you in one word: no. Yes, the S&P 500 and Dow have backed off of their recent highs, and the recent slew of earnings announcements have been a little underwhelming.  Goldmay be leading commodities into a...Read More

“A billion dollars ain’t what  it used to be.” Bunker Hunt reportedly said those words in the early 1980s after the Hunt brothers lost a large chunk of their family fortune in their ill-fated cornering of the silver market.  But John Paulson must be thinking the same thing.  After Monday’s 9.3% drop, Paulson has personally...Read More

It is truly a digital age: gold bugs have gone virtual. I’m talking about Bitcoin, of course.  I realize that Bitcoin is not gold and has nothing to do with gold; it is a true cyber currency made of nothing but ones and zeros.  But its popularity is driven by the same forces that have...Read More

When it comes to quantitative easing, Fed Chairman Ben Bernanke is playing AA minor league ball at best.  If he ever wants to make the big leagues, he needs to take batting practice with Japan’s new central bank governor, Haruhiko Kuroda. In addition to the “usual” quantitative easing actions of buying government bonds, the Bank...Read More