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In the clip below Mark Dice tells people that he will give them a one ounce Gold coin for free if they can guess how much it’s worth. To be fair he gives them 25% leeway in their guess.
How do you think they did?  P.S. – the answer is not 38 cents or $17; it’s [...]

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Benchmark Currencies: 16 Dec 2008

Nearly one year later and the U.S. dollar is looking very weak – and not just against the Euro, but also against Sterling and Swissy, and especially against the Loonie and the Aussie Dollar.  Even the Japanese Yen is up against the U.S. Dollar. And of course, the Chinese Yuan is [...]

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Below is another great article from John Mauldin via his weekly newsletter.
John Mauldin, Best-Selling author and recognized financial expert, is also editor of the free Thoughts From the Frontline that goes to over 1 million readers each week. For more information on John or his FREE weekly economic letter go to:http://www.frontlinethoughts.com/learnmore
From ghoulies and ghosties [...]

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Morgan Stanley’s piece on Treasuries Priced for Perfection…for Now! is pretty bearish. The basic gist is that while the ten-year represents fair value today, because inflation expectations have become unanchored, Morgan Stanley expects the yield to rise from 3.3% to 5.5%. That’s a disaster of 1994 proportions. Obviously, given some of my recent comments, this [...]

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I pick up Bill Gross where I left him on Friday.  He said in his monthly newsletter that the Fed is going to keep interest rates at zero percent through 2010. But, he is not willing to stick his neck out in a liquidity seeking return kind of way even though this is what reflation [...]

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Marc Faber is in a bullish mindset, particularly on gold. In a wide-ranging interview with CNBC TV-18 in India, Faber talked about where he sees markets headed and why he thinks gold will never drop below $1,000 an ounce.
Private sector contracting while public sector expanding
This is the frame that Marc Faber puts on recent events [...]

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Bill Gross of Pimco spoke on Bloomberg with Tom Keene and Ken Prewitt. He thinks the U.S. is entering a new normal of low nominal GDP growth. However, financial bets have been made on 6-7 percent nominal GDP (think pension liabilities).  Unless we get 5-6% nominal GDP growth debt deflation and deleveraging dynamics (the D-process)will [...]

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Just arrived in my inbox:

If you want to know what market momentum is all about, here you have it. Get in now to profit.
Sources
Bill Gross Calls High-Yield Corporate Debt `Overvalued’: Video (video here) – Bloomberg

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Tilson is saying what I have been saying, namely that March saw an increased number of attractive buys, but most of these are now fully priced. As a result, he is selling equities – even building up his net short positions.
Unlike bear turned bull Richard Bernstein, Tilson says that after a huge 60%+ run [...]

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This comes from the Guardian (hat tip Lee):
The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.
The senior official claims the US has played an influential [...]