Sidj

Thursday Outlook: Commodities, Emerging Markets

Warren Buffett thinks the U.S. has a bright future too . . . in maybe 5 years or so. But for now he believes the recession will be deeper and longer than many people think, inflation higher and dollar eventually lower. He could be wrong of course, but he did predict the dotcom crash, got into energy early and sold his house in California a few years ago at the top.

Friday Outlook: Commodities, Global Markets

Funny coincidence that the Olympics, Russia's invasion of Georgia and the sudden surge in the dollar all occur at the same time and the leaders of these countries all happen to be together in China. Doesn't a stronger dollar help China too?

Is the Price of Gold Artificially Depressed?

We'll see if gold bottoms soon. The 1980 high of $850 might be a support level. Gold usually bottoms in the summer then rallies. But if gold is too risky for your blood you can try something else tangible like collectibles. Go buy some rare comic books like Nicolas Cage. Amazing Fantasy 15 (1st Spider-Man) has appreciated 85% since 2000. Compare that to the Dow or S&P.

Is the Price of Gold Artificially Depressed?

I quote Warren Buffett from earlier this year:
"If something is unsustainable, its going to have consequences; so far the consequences have been a general decline in the dollar against major currencies. If we continue the same policies, we're going to get the same results in the next five or ten years."
He also said:
"Inflation has been in remission and is likely to be more prevalent in the next ten years."
Anyone disagree with Buffett?

Thursday Outlook: Commodities, Emerging Markets

So in China do they call bear markets 'dead monkey' markets?