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Do Not Meddle in the Energy Markets
Barack Obama proposed to have the government regulate energy markets. His argument is that the high price of oil is due to speculators. While this would be “change,” it would be change of the wrong kind. Obama should focus on basic economics: supply and demand. As hedge fund manager T. Boone Pickens has pointed out: [...]
The Case for Gold [Part 2]
Continuing “The Case for Gold” series here on Dumbagent, I’ve been researching junior mining companies that could potentially benefit from the rise in gold prices. Please keep in mind that this is for informational purposes only. Junior gold miners carry with them high risks and are volatile in price movements. These companies are not for [...]
The Case for Gold [Part 1]
Ben Bernanke and his posse at the Federal Reserve have to choose between lessening the availability of liquidity to banks that desperately need it (raising rates) or giving them liquidity but risking inflation (doing nothing or lowering). No matter what happens in the April meeting, inflation has already gotten out of control, and this can [...]
Timeline of a Financial Collapse
While the talking heads at the Federal Reserve would want you to believe otherwise, the Crisis (with a capital ‘C’) has just begun. The United States’ economy has transitioned into phase 1 of what is going to be a bear market for the history books. The market is waking up to the reality that the [...]
