US Markets

DJIA11228.29chart+40.06
NASDAQ2261.43chart+2.39
S&P 5001243.44chart+6.61
2008-09-05 15:50

Intl. Markets

FTSE5240.70chart-121.40
DAX6127.44chart-152.13
Nikkei12212.23chart-345.43
2008-09-05 11:35

Commodity Futures

Oil106.45chart-1.44
Gold803.30chart+0.00
Copper3.14chart-0.14
2008-09-05 14:50

Treasury Yield

13 Weeks1.64chart-0.01
5 Year2.92chart+0.04
10 Year3.66chart+0.02
2008-09-05 14:59

Exchange Rates

JPY107.18chart+0.00
EUR0.70chart+0.00
GBP0.57chart+0.00
2008-09-05 15:46

Our Theory

Is Oil a Bad Investment? »

A wise man once said that bubbles will only occur with Securities, Commodities and Art. Of course, we have seen him proved wrong with the current Sub-Prime mess. But while his prediction was wrong, his reasoning should not be discounted.
The reason he mentioned Securities, Commodities and Art is because these are bought and sold [...]

Useless National Polls »

Audio Version Available:

As those of you who have been around our site know, we are big promoters of Prediction Markets over National polls. As a consequence, we have been featuring Prediction Market data for the U.S. Presidential Election for quite some time now.
We must, however, be fair. Most of the polls featured on [...]

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:
Speculators have nothing [...]

Warren Buffett’s Long Bet »

“Over a ten-year period commencing on January 1, 2008, and ending on December 31, 2017, the S&P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.”
This is the bet between Warren Buffett and Protege Partners, LLC. The stakes are $1,000,000.
DumbAgent.com [...]

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 speculation.