Category Archives: Wealth Daily

Oil Pirates of Somalia

New information reveals Saudi Arabia is building oil reserves during its slack demand months.

Goldman Sachs cited a crude oil inventory build of 35.4 million barrels in the period December-February, based on numbers from the Joint Organizations Data Initiative (JODI).…

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Joseph Kony Is Dead

It is only the early risers who succeed in filling
their baskets with white ants.

Ugandan proverb

I’m starting to think I’m paranoid.

Two weeks ago, I wrote about U.S. special forces invading Africa in…

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This Could NEVER Happen in America

The latest Consumer Price Index readings just splashed cold water all over the hot rally we’ve been enjoying.

The Labor Department says gasoline prices jumped 0.9% in January. That, in turn, pushed consumer prices up 0.2% across the board…

For…

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Fortune Telling – 2012

I’ll be the first to admit I have no idea what will come to pass in the New Year.

It’s hard enough to make sense of the markets, let alone forecast what will happen in 2012, given the world is…

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The Markets

If it feels like the stock market has been volatile this year, you’re right.

Here are a few examples:

  • Three-month historic volatility for the “fear” gauge known as the VIX hit a record on  October 31, surpassing the prior

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2012 Will Not Be What You’re Expecting

 

Most investors are scared of a market crash right now.

Fear is the dominant theme. And fear of a genuine market collapse is greater than it has been in a long time.

According to Google Trends, a service that…

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Secret Bomb Under White House

Washington lies: Talk about the gift that just keeps on giving!

Over the course of the past few weeks, we have seen market spikes driven by “early reports of solid 3% GDP growth.” Except that much of that growth wasn’t…

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Euro Bailout Gold

Someone’s gonna print a boatload of money — and soon.

And when that happens, assets like gold and oil will rise in price.

This is not a guess. It is a fact.

We are already seeing the wise guys and speculators…

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A Golden Pause

Welcome to the “great pause.”

It’s sort of like those noise-canceling headphones that are supposed to be the bees’ knees on long cross-country flights.

All morning, the wires have been buzzing with talk of Greek debt default destroying the French,…

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Beware of Large German Men in Inadequate Thongs

Many years ago, some nameless Department of Defense bureaucrat decreed your editor would best serve his country in Frankfurt, Germany.

When I first arrived at my overpriced, government-paid-for apartment in the sprawling Frankfurt suburbs, it was an exceptionally hot summer…

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