So I read on how the emerging world could suffer because of Dubai. Throughout the year there has been an increase in general risk-taking, but investors need to start being "more discriminating," the broker said. It highlighted high yielding local currency markets such as Brazil, Indonesia, Hungary and Poland as among the most crowded along (more…)
Oh yes, sell, sell, sell… Why? Because Dubai is collapsing and so will everything else. YEAH RIGHT! Dubai is irrelevant folks! The middle east is only relevant from an oil perspective. And that right now they are going to need to sell quite a bit of it. But hey they owe 40 Billion Euros, right? (more…)
For entertainment purposes: 🙂 and… and… finally..
I cracked up laughing when I heard this. There is not enough gold to go around and we have hit peak gold. You mean there is not enough gold to go around to bunker and do nothing with? This was on CNBC and the commentator himself said, “all of the gold that has ever been (more…)
In 2007 I wrote a blog entry entitled “Who Shives a Ghit About Global Warming.” In that blog entry I did not deny that there was a problem. In fact not disputing that at all. I just pointed out that NOTHING will happen and that we should be doing something about the ramifications of climate (more…)
Everybody always wonders where the next trend, what the next thing is… It’s TED… Many of you must be thinking, TED? You mean some fellow named TED? No, not some fellow named TED. I am saying TED: Small ideas worth spreading. It is a brilliant new soapbox that talks about our society. It is neither (more…)
In the you have got to be kidding me on market manipulation department. The world is closer to a peak in oil supply than International Energy Agency estimates admit, UK newspaper The Guardian reported in its Tuesday edition, citing an unidentified "whistleblower" at the IEA. A “whistleblower” at the IEA who cannot be identified… The (more…)
The American Military is making fun of a bomb diving rod. Despite major bombings that have rattled the nation, and fears of rising violence as American troops withdraw, Iraq’s security forces have been relying on a device to detect bombs and weapons that the United States military and technical experts say is useless. The small (more…)
For those that follow my blog, and if you had read my July 15, 2009 blog entry you would have read: You see I have this thinking that GM management still does not get it. If you looked at the framework of the deal GM America still held a huge chunk of Opel and could (more…)
Disclosure: Was long BNI, as I sold my position on todays news. So Buffett does a mega deal today with Burlington Northern today. And then Buffett goes on and says how he is making a bet on the American economy. I guess it is sort of like that sound bite that Buffett did last year (more…)
