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Category Archives: Stock Market
Redistributing Wealth to the Rich
The world’s more unbelievable and fantastical than anything we could imagine. Look around. Astounding things are taking place each and every day. For instance, earlier this week China’s richest man, Wang Jianlin, paid $28.2 million for Pablo Picasso’s painting of … Continue reading
Posted in MN Gordon, Stock Market
Tagged bubble, DOW, monetizing debt, quantitative easing, S&P500
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How to Enjoy the Magic of Rising Stock Prices
Let’s begin with the understanding that something delightful is taking place in the stock market. The S&P 500’s up 22.33 percent year to date. What’s more, the S&P 500 just hit a new nominal high of 1,745. Can you believe … Continue reading
Posted in MN Gordon, Stock Market
Tagged 401K, bull market, earnings, interest rate, S&P500
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Ground Control to Major Tom: Reserves Are in Jeopardy
Ground Control to Major Tom: Reserves Are in Jeopardy By Jeff Clark, Senior Precious Metals Analyst, Casey Research When you hear about the “gold reserves” a mining company has in the ground, the natural assumption would be that they’re talking … Continue reading
Posted in Jeff Clark, Stock Market
Tagged gold, gold exploration, gold price, junior sector, mining, producers
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Stock Market Shangri-La
The big news early in the week was that Larry Summers – the man so smart he lost hot breakfasts for Harvard and $2 billion of the university’s operating funds – withdrew his name from consideration for the next Federal … Continue reading
Posted in MN Gordon, Stock Market
Tagged ben bernanke, debt, monetizing debt, QE3, S&P500, treasuries
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