Jim Rogers, CEO and chairman of Rogers Holdings, said he would not buy Facebook as a stock because it would be too expensive. “No, that kind of stock I don’t buy. They are usually very, very expensive. A lot of...
Read MoreA week before MF Global Holdings Ltd. collapsed, its chief financial officer told Standard & Poor’s in an e-mail that the futures broker had “never been stronger.” S&P provided the House Financial...
Read MoreNPR and ProPublica released an explosive report Monday that found government-owned mortgage giant Freddie Mac betting against the very homeowners it is supposed to help. According to the news article, the investment division of...
Read MoreThis is interesting: Valuations for U.S. equities have been stuck below the five-decade average for the longest period since Richard Nixon’s presidency, a sign investors don’t trust earnings even after a three-year...
Read MoreCalls for $60, $75, $100 and $140 per ounce of silver by the close of 2012 may be very reasonable ones. Several well-known analysts have placed their bets already on each of these numbers. Sure, $140, a quadruple from...
Read MoreThe euro zone needs a “clear, simple firewall” to restore international trust in it, International Monetary Fund Managing Director Christine Lagarde said Saturday. In a panel discussion at the World Economic Forum,...
Read MoreA quick observation. I could not help noticing that China’s imports from Japan fell 16.2pc in December. Imports from Taiwan fell 6.2pc. The Shanghai Container Freight Index fell 1.4pc to a record low of 919.44 in November,...
Read MoreToday billionaire Eric Sprott told King World News the Chinese cannot continue to buy gold as aggressively as they have been without there being a dramatic increase in the price. Eric Sprott, Chairman of Sprott Asset Management,...
Read MoreExperts are increasingly pointing to 2013-not 2012-as the new year of doom. Peter Orszag warned of a gathering storm of expiring tax cuts, mandatory spending cuts, and another debt ceiling fight headed for the U.S. Meanwhile,...
Read MoreThe official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on Iran’s oil exports, which are meant to...
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