Daily Archives: April 23, 2012

Marc Faber on the cycles of Gloom, Boom and Doom

I recently met with Marc Faber in Vancouver and we shot a segment for the Kelowna Wealth and Money Show that played this weekend. Here is the direct video link.

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UK MP Nigel Farage – Addresses EURO failure

As the political world suffers through a very long denial, it is cathartic to hear someone call “bullshit” on proposed paths. Nigel Farage, leader of the UK Independence Party (UKIP) and member of the European Parliament, is good at it. … Continue reading

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Gold companies hurting investors encore

The gold company index (XGD) is free-falling. If the Bernank gives some more QE hopium this week, the sector might find some support. But then not necessarily: even with all the QE out of the US and LTRO out of … Continue reading

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Canada’s TSX: 2 year round-trip, rough ride to nowhere

The big picture Canadian TSX 60 largest companies, has now fallen below its May 2010 level as captured in the below chart. We know that QE efforts have not succeeded in reinvigorating growth in the real economy, but they have … Continue reading

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60 Minutes: The case against Lehman executives

Steve Kroft talks to the bank examiner whose investigation reveals the how and why of the spectacular financial collapse of Lehman Brothers, the bankruptcy that triggered the world financial crisis. Here is the direct video link. The story is important … Continue reading

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Good discussion on monetary policies and the need for fiscal discipline

Stephen Roach, former Morgan Stanley chief economist breaks down the risks facing the U.S. recovery; the cost of Fed policies; whether China’s economy is hitting a wall; and the race for the White House, with GOP presidential candidate, Rep. Ron … Continue reading

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