With the global economy n recession and inflation headed toward zero, government bonds are looking like the best place to put ones money. As a result, we have seen yields on these assets drop to incredibly low levels in the world’s largest developed economies as their prices have increased.

Treasury securities. They may show all the hallmarks of a bubble. But does that mean that the bubble will end now? Here’s what Stephen Roach says.

Marc Faber is a hard money, old school investor who thinks that the U.S. government is going to reflate in order to avoid depression and that means gold. But, for those of you who don’t know economic history, the fact is that this has been tried before, in the Great Depression in the 1930s and the result was that the government had to confiscate Americans’ gold. It was Executive Order 6102 signed on 5 April 1933 right after Franklin Roosevelt came to office and it forbade all Americans from owning physical gold assets.

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Artificially low interest rates are what got us into this mess. Why should we think that they will help us get out? That’s the question I ask myself and Marc Faber, otherwise known as Dr. Doom, answers that they won’t.
They certainly didn’t work under Greenspan. In fact it was the 1% Fed [...]

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Faber thinks that the U.S. needs a lot more money than the Paulson Economic Patriot Act suggests. I agree 100%. His figure is $5 trillion! That’s a lot of dosh.
Here is how he is quoted on Bloomberg:

“The $700 billion is really nothing,” Faber said in a television interview. “The treasury is just [...]

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Oil at $100? That’s certainly my call and I’ll stick to it. So far my call of oil peaking at $150 is holding.( We’ll see for how long). On July 9th, after oil’s first pullback to $138 I said:
Yesterday, oil fell the most in one day since the start of the Gulf War in [...]

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“I think a lot of banks are already bankrupt.” “And a lot of insurance companies and financial institutions, but they hide their rotten assets in level three asset categories, where you don’t need to value them.”
“I think the financial sector by and large has much larger problems than is perceived by [...]

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The Vancouver Sun is on a roll today. They have another post on ICBC that makes for interesting reading. Frankly, I don’t know what to make of it. But it makes for a good read.
Chinese bank has market cap twice that of JPMorgan
First, the article starts off stating that the head of [...]

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I have uploaded the associated PDF for this teleconference. Click here for PDF.
U.S. Global Investors Exclusive Webcast: Where is the Boom and the Doom?
SAN ANTONIO–(BUSINESS WIRE)–U.S. Global Investors (NASDAQ:GROW), a boutique investment adviser specializing in natural resources and emerging markets, will host a webcast titled, “Where is the Boom and the Doom?” on Friday, [...]

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In an interview with CNBC India, international investor Marc Faber says that gold is his commodity of choice right now.
Marc Faber sees demand for commodities to come off in second half of 2008 in India and China. He will rather buy gold at current levels rather than other commodities and sees lot of money [...]

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These are the picks of the day according to an article about what international investor Marc Faber is looking at. Despite the article’s bullish call on commodities, I know that Faber is on the record as saying that oil is due for a correction soon. And in Barron’s he mentioned that steel demand [...]