News

By David Stockman This post Peak Bull: Fake Economy, and Fake News appeared first on Daily Reckoning. [Urgent Note: David Stockman warns that the nation’s economy and a massive debt ceiling hangs in the balance as Wall Street’s peak bull stocks carry on. The economist is on a mission to send his new book TRUMPED! […]

By Vitaliy N. Katsenelson This post Good Companies Don’t Always Make Good Stocks appeared first on Daily Reckoning. I was recently going through a new client’s portfolio and found it full of the likes of Coca-Cola, Kimberly-Clark and Campbell Soup — what I call (pseudo) bond substitutes. Each one is a stable and mature company.

By MN Gordon Flowing Toward the Great Depression All remaining doubts concerning the place the U.S. economy and its tangled web of international credits and debts is headed were clarified this week. On Monday, Mark Yusko, CIO of Morgan Creek Capital Management, told CNBC that: “…we’re flowing toward the path of 1928-29 when Hoover was

By Rob Otman Johnson & Johnson (NYSE: JNJ) is a $358 billion company today. Investors that bought shares one year ago are sitting on a 10.56% total return. That’s below the S&P 500’s return of 16.05%. Johnson & Johnson stock is underperforming the market. It’s beaten down, but it reports earnings next week. So is

By Brian Kehm Do you own an electric car? How about a hybrid? Electric cars are touted as eco-friendly… but they still leave a huge carbon footprint today. The cars can require twice as much energy to build as conventional vehicles. And when they hit the road, they use charging stations that rely heavily on

By Cory Markets Shaken By Yellen’s Comments and Weak Economic Data Download audio file (0715-Full-Weekend-Show.mp3) It was another interesting week in terms of economic and political news as well as central bank news. On the economic front Core CPI disappointed with a 0.1% increase and retail sales posted a decrease that was not anticipated. Ont

By History of Gold …read more Source:: 24hGold The post (-1780) Gold and Silver in the Code of Hammurabi appeared first on Junior Mining Analyst.

By analyst By Frik Els The price of coking coal jumped on Friday with the industry benchmark price tracked by the Steel Index up 2.8% to $167.60 a tonne. Premium hard coking coal prices (FOB Australia) are now at the highest level since mid-May. According to preliminary Chinese customs data released this week, the country

By GoldSilverWorlds The price of gold fell to a new low during the first week of July according to several reports that claim the decrease in value is due to a strong job market and the expectations of higher interest rates in the United States. August gold fell by $13.60, which is the equivalent of

By Brian Maher This post The Most Expensive Pizza Pie in History appeared first on Daily Reckoning. p>The date is May 22, 2010… And American software developer Laszlo Hanyecz is hungry… for pizza. But this Hanyecz is in puckish spirits today, like a schoolhouse sprite out to pull fire alarms… a party-going prankster with a