We received an email from Melissa Minkalis of the National Foundation for Credit Counseling (NFCC). They are offering a Free DVD about avoiding foreclosure. I did not order the DVD or know much more about it. I did quickly verify that the NFCC is a legit organization and doesn't seem to be simply...
Read More →I am critical of you, but kudos that you put things in perspective. The World’s Biggest Debtor Nations It starts off with the US and you go OMG… But then you move on and you think, “hey they have that much debt?” And what surprised me is that Switzerland (where I live) has 268% of external debt....
Read More →When I saw Twitter and this social stuff I thought, huh? And then a very good old high school buddy introduced me to Face Book… Well, one thing lead to another and now I am on Twitter… Since I am a Twitter newbie, I think my twitter is christianhgross… What I really like about social networking and...
Read More →Many folks are sceptical of the rally. Yet the market goes up and up and up. And yes we hear yet again this “light” volume argument. And of course we hear arguments that the world is going to collapse from the likes of Jim Rogers and Marc Faber. Though the Marc Faber one puzzles me because on April...
Read More →Wow Jim Rogers just does not give up does he? > "I'm not buying shares if that's what you mean. Not at all," Rogers told "Squawk Box Asia." > > "The bottom will probably come later this year, next year, who knows when," he added. No Jim you are not buying stocks. What did you buy? > "I have an...
Read More →Yes you read that right I am tentatively ultra bullish. Please remember I mean this for a 3 to 5 year time horizon. Let me explain why I am so bullish. Did you catch how oil hit 58 USD per barrel? That makes me ultra-bullish. Yesterday I had a get together with Indians who have lived in Switzerland...
Read More →I was thinking a bit about my previous blog entry on how I said I was ultra bullish. I have actually been thinking on this topic for about a week. And now I realized that this could be the perfect storm against the shorts and those waiting on the sidelines. Though I think it is worse for the...
Read More →Over a year ago I commented on how I was very worried about a trend of hedging and companies doing things that did not relate to their core business. A reader said: > Christian…I’m sure you’re a great guy. > Put your glasses back on…it will likely improve your vision. Really? Look at these news…...
Read More →I was reading the following on CBC. > Although four banks holding 70 per cent of the debt had agreed to erase it for $2 billion, the hedge funds were holding out for a better deal. > > After allowing talks to continue late into the night Wednesday, the U.S. Treasury finally ended negotiations after...
Read More →There was an investor on Fast Money and he said he is seeing patterns of flight into low quality companies, when instead it should be flight into high quality. An example of the flight into low quality was in 2002 how everybody jumped back into Nortel, and we all see how that turned out. First if...
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