July 4th, 2011 by Rich
Do Impeachment and a Market Debacle Loom Large?
Forty years, two score, two Jubilee generations ago, began the Watergate Plumbers Gangster Government.
http://telegraphjournal.canadaeast.com/news/article/1418412
On 1 July 1971, the White House Plumbers Memo was written for the President by Egil Krogh and David Young, to stop the disinfectant leaks from the Pentagon Papers.
http://en.wikipedia.org/wiki/Watergate_timeline
Subsequent administrations employed secret drivers, fixers, mechanics, [...]
June 30th, 2011 by Rich
Everyone Out of the Pool?
By Rich Cash
“Men go mad in crowds, and come back to their senses slowly, one by one.”
Scottish Barrister author of ‘Extraordinary Popular Delusions and the Madness of Crowds’ wrote these words 270 years ago. They still ring true.
http://bivib.com/The-crowdinduced-emotions-make-traders-deviate-from-their-trading-plans-and-lose-money.html
Sigmund Freud wasn’t the first to uncover unconscious realms outside our awareness that can [...]
June 30th, 2011 by Rich
In Real Cost of Living Terms, How Are We Doing?
“Unlike the high-profile hedge fund and private equity guys, he’s more of a throwback, an old-school, publicity-averse deal maker,” said Peter Newcomb, a longtime editor of the Forbes 400, the annual list of the wealthiest Americans…
What have you done for us lately? was often [...]
June 28th, 2011 by Rich
Palladium (Pd) was named for Pallas Athena, the protector.
http://en.wikipedia.org/wiki/Athena
http://upload.wikimedia.org/wikipedia/commons/2/2a/Gandharan_Athena.jpg
Pd used to be considered Poor Man’s Platinum, before it went from $162.10 to $857.25 the last two years.
http://stockcharts.com/freecharts/gallery.html?s=%24PALL
Over longer periods, Palladium was rising and volatile, from under $50 to over $1000.
http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
http://www.kitco.com/scripts/hist_charts/yearly_graphs.plx
When Russian Palladium production foundered in 2000, Ford took a billion dollar bath stockpiling Pd for [...]
June 9th, 2011 by Rich
…and
PNPFF/PNP.TO Above 29 cents~
Colombian Israeli Energy Exploration with a Natural Resource Portfolio:
Buying Straw Hats in Winter
Our hat tip to Travis Johnson of StockGumshoe.com for this tiny Canadian Wildcatting Energy Company that could catapault Israel into the global energy elite:
http://stockgumshoe.com/2011/06/whats-byron-kings-27-trillion-israeli-oil-stock.html/print/
At first blush, Brownstone Resources/Ventures seemed almost like the long-sought and evasive cure [...]
May 30th, 2011 by Rich
Political Economy: This Week on Meet the Press
MR. DAVID GREGORY: …This Sunday, Is Medicare the new third rail of American politics? Why the fight over the future of an entitlement for 47 million older Americans has become the key battle for 2012, tipping the balance in a closely watched special House race this week in [...]
May 18th, 2011 by Rich
Why I like Newt Gingrich, Ron Paul and Michele Bachmann for the highest elected offices in our land
Politics and economy are intrinsically linked. They used to be considered moral philosophy, what Aristotle called Nicomachean Ethics, how men should best live.
http://en.wikipedia.org/wiki/Nicomachean_Ethics
The policies and programmes of the current occupant of 1600 Pennsylvania Avenue failed to deliver [...]
May 14th, 2011 by Rich
Flight into Dollars and Equities?
Some days we just wake up and say to ourselves, what would blow the collective consciousness the most now?
It took us a long time, but we may have gotten it, divine madness.
So many were conditioned to dollars and equities going opposite directions, it is worth recalling much of the time in [...]
May 8th, 2011 by Rich
But buying more bargains like KFT>18.96
Sentiment went from ebullient to bearish in a fortnight, with the pungent whiff of debt default deflation that collapsed Precious Metals and oil for a time.
Many believe/feel this stock market skating on thin ice.
As often stated here on JP, sangfroid makes the money.
While many could be right that the cliff [...]
May 8th, 2011 by Rich
XOM>32.61
As posted here previously and repeatedly, we were richly rewarded for accumulating XOM automatically, the middle of each month, for some time, without commissions or fees, courtesy of Exxon Mobil, Computershare and market fluctuations:
http://bit.ly/eSwvct
Over the last decade, XOM traded as low as 32.61 in September 2002, and as high as 94.81 in December 2007.
XOM was [...]
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