Mark in SF

Where Are Jim Rogers, Marc Faber and Doug Casey Investing Their Money in This Market?

I think Rogers if full of it. Every time I've seen him over the last 5 years he says he recently bought some more of XYZ commodity. If he's such a commodities bull why wasn't he already heavily invested? Is he dollar cost averaging or something?

Face it. People like Rogers are rich "Financial Celebrities" who have their groupies. Networks like CNBC have them on to boost viewership, and the Financial Celebrities get to have their egos stoked. It's not at all clear that his fortune was not primarily the luck of having been with Soros when he was cleaning up in the currency markets.

The Fed is Deflating: 10 Reasons Why

This is a great article. I've been trying to explain to people why commodity prices increases, and the prices of items that are heavily dependent on commodities, does not constitute inflation - at least not the kind we associate with a y/y percentage like in the 70's. Also been trying to explain that the fed is NOT printing money (at least yet). I will refer them to this article, which does a better job of explaining than I've been able to do.