Scared Stiff

Major Market Turning Point Ahead (Part I)

Good insights, I enjoyed reading this article. One point I would argue with, however:

"If you were to review the blogs and postings of die hard gold bug analysts you would find that they have all opined at one time or another that when the public is widely involved in gold that that would be the top. Well this has happened...and without a commensurate bubble run in the metal."

I don't think this is entirely accurate. The commercials I see are all pushing opportunities to sell gold, not purchase it. The public has been very much involved on the sell side, but not the buy side. I'm not sure that's what the bloggers had in mind when they made the statements you refer to.

Oil Breaks Below $38; Bespoke's Commodity Snapshot (12/18/08)

Why is it always that when commodities become overbought, it's because of manipulation, and when they become oversold, it's market forces. Yet, when bank stocks become overbought, it's because of market forces, and manipulation when they become oversold?

Inflation Fears Are Inflated

Anybody who was ever seriously worried about deflation watches way too much CNBC.

Thursday Outlook: Crude Awakening

It's not that they don't get it. It's that they just don't care. When we're given a choice between party A and party B, where both parties represent the same broken system, what reason is there for them to change the way they do things? It will be a long time before the group of people who are paying attention to what's really going on is large enough to do anything about it. By that time it will be way past too late.

Why the Fed Should Leave Interest Rates Unchanged

What about the Too Big to Plunge Index, aka the DOW?? Heaven forbid it should drop!