sbenard

http://globalcapital.blogspot.com
Total Rating:
+4 / -3

207 Comments

    • Tue Jul 22nd 13:14 PM | Rating: 0 0
      Commented on:
      Washington Needs to Trim the Fat, Not Tax More
      Great article on the subject:

      www.canadafreepress.co...
      View article »
    • Tue Jul 22nd 13:11 PM | Rating: 0 0
      Commented on:
      Washington Needs to Trim the Fat, Not Tax More
      I and other small business owners are already looking to position more income in places to protect it from confiscation by Obama the shameless pickpocket politician. Why is it that these paid goons are heroized for stealing from others, when if they did the same thing with their hands, they'd be thrown in prison? They are just as dishonest, but end up with their names on buildings and highways instead.

      This is already beginning to have reverberations through the economy. One business owner down the street has already laid off two employees. He's working 12 hours days to make up for the lost productivity.

      "The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence. If `Thou shalt not covet' and `Thou shalt not steal' were not commandments of Heaven, they must be made inviolable precepts in every society before it can be civilized or made free." -- John Adams (A Defense of the American Constitutions, 1787)

      We have now arrived at the tipping point where half the U.S. population sees almost no taxation, and they have no qualms about voting for the politicians to keep taking from the other half so they can have freebies. It will end disastrously. Just ask Hugo Chavez. He's been doing the same thing in Venezuela for the past five years, and his country's economy has all but collapsed. If it weren't for billions in oil revenues, he'd probably be living on the streets, too.
      View article »
    • Mon Jul 21st 08:16 AM | Rating: 0 0
      Commented on:
      Historic Financial Collapse Underway?
      No shortage of opinions on this one. Must have hit a nerve.

      Does anyone really read them, or are they just venting? I'm for venting!
      View article »
    • Mon Jul 21st 08:04 AM | Rating: 0 0
      Commented on:
      Barclays Global ETFs: iShares Doing the Splits
      Thanks for the advisement. You saved me a heart attack!
      View article »
    • Mon Jul 21st 08:00 AM | Rating: 0 0
      Commented on:
      Inside the Dubai Gold & Commodities Exchange: An Interview with Malcolm Wall Morris
      The volume of the Dubai Exchange is still currently very small compared to US exchanges. However, with the U.S. Congress determined to interfere with the markets, this will probably change, and it could happen very quickly. I personally would change to Dubai and China exchanges without batting an eye. It would be even easier for large funds to do so.

      After the impact that one rogue trader from Societe Generale had on the markets in January, Congress should consider the impact on the Dollar -- and commodity prices -- if several hundred billion Dollars were to shift to commodity exchanges overseas.

      The consequences could be catastrophic for the Dollar, commodity prices (very bullish), U.S. financial markets, and the U.S. economy.

      The old saying that we'd better be careful what we wish for is true in this case, too. If we get restrictions on futures trading, we'll regret it!
      View article »
    • Mon Jul 21st 07:33 AM | Rating: 0 0
      Commented on:
      ETF Pick of the Week: ProShares UltraShort Oil & Gas
      Deutsche Bank has created the first short and ultra short crude oil ETFs, none of which I've seen mentioned in this article. Another poster accurately mentioned that DUG shorts oil (& GAS) COMPANIES, not oil itself. Keep in mind also that oil and gas do not always move in the same direction.

      The DB ETNs, on the other hand, short OIL, and oil ONLY! They also provide a way to increase the leverage of falling oil. Personally, I am still convinced that this oil pull-back is temporary. Last summer, crude oil pulled back, but then rocked higher to $100 before Christmas, and the rest is history...

      The DB tickers for shorting oil are DTO (leveraged) and SZO. They are only about a month old, but have grown explosively. DTO is already close to 1,000,000 shares a day, and sometimes 2-3 times that amount.

      DB also offers two long oil ETNs -- DXO (leveraged) and OLO.
      View article »
    • Fri Jul 18th 19:05 PM | Rating: 0 0
      Commented on:
      The Oil Bubble Will Meet the Same Fate as Tech, Housing
      No shortage of opinions here!

      Correction, yes! Bubble, no way!
      View article »
    • Fri Jul 18th 13:29 PM | Rating: 0 0
      Commented on:
      Best and Worst Performing ETFs This Week
      If the bullish commodity ETFs were the biggest decliners this week, then it only makes sense that some of the biggest winners would have been the leveraged commodity shorting ETFs. Why have these been omitted? Perhaps these new short commodity ETFs/ETNs will play a critical role going forward to keep commodity prices in check. Banning commodity traders at this point would be shooting ourselves in the foot!
      View article »
    • Tue Jul 15th 14:47 PM | Rating: 0 0
      Commented on:
      Wind, Natural Gas ETFs: Oil Man Pickens Thinks You'll Make Money
      You forgot to mention UNG, the largest nat gas ETF. It has 35 times the volume of FCG.
      View article »
    • Mon Jul 14th 19:14 PM | Rating: 0 0
      Commented on:
      Treasury Bailout of GSEs: Laissez-Faire In Serious Jeopardy
      Ames, I enjoyed your website. Especially the politics pics. LOL!
      View article »
    • Mon Jul 14th 18:54 PM | Rating: 0 0
      Commented on:
      Bond Expert: Monday Wrap
      John, I confess that I have little understanding of what makes the bond markets tick. It would have seemed to me that with all the inflation, interest rates should have been rising like smoke in a forest fire.
      I appreciate your insights here, and on your website. Good stuff!
      View article »
    • Mon Jul 14th 18:52 PM | Rating: 0 0
      Commented on:
      Dollar on the Defensive Pending Bernanke Testimony, Retail Sales Data
      Few people have more credibility than Jim Rogers. He's dead on! Since when should the Fed or Federal government be buying the stock of ANY company? This is just more signaling of the grave seriousness of the situation. It adds fuel to the fire!
      View article »
    • Sat Jul 12th 15:15 PM | Rating: 0 0
      Commented on:
      The Dollar's Decline: Taking Responsibility for the Future
      jlounsbury59--

      Calling lower taxes cut "snake oil" is hardly "NON-political&qu... Suggesting at least two policy initiatives in a single article -- BOTH of which are that the answer to all are problems are HIGHER taxes -- is hardly NON-political.

      What planet are you living on?
      View article »
    • Sat Jul 12th 15:09 PM | Rating: 0 0
      Commented on:
      The Dollar's Decline: Taking Responsibility for the Future
      As if no one else has already said what needs to be said, I'll parrot what has been adequately covered by others, just to weigh in. I'm glad other readers "got it".

      "Here comes the orator, with his flood of words, and his drop of reason" -- Benjamin Franklin (I would change the word "orator" in this case, to "professor", except when I'm referring to Obama).

      Here we go again. More ivory tower liberal university professors who are members of the elitist Council on Foreign Relations who promote one world government, the compulsory religious fraud of global warming, monstrous taxes, and socialism. The government is always the ultimate answer to everything!

      Unfortunately for you, professor, in this forum, we don't have to regurgitate -- or believe -- your intellectual garbage to get a good grade. We can think for ourselves, and unlike young students just out of puberty, we aren't all foolish enough to buy your "higher taxes are better" baloney. Most of us have real businesses or real jobs, so we know how the REAL world works. That's why your malarkey falls on few receptive ears.

      You are more proof, prof, of the old adage that "those who CAN, DO; those who CAN'T, TEACH!"
      View article »
    • Sat Jul 12th 14:53 PM | Rating: 0 0
      Commented on:
      Key Earnings Reports This Week
      Can anyone tell me why Thursdays have the overwhelming majority of earnings reports?
      View article »
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