Become a member or a client to gain access to all the videos, audios and many articles
In my previous article, I made a compelling case for investment in oil trusts, specifically Canadian trusts. After all, 14% returns are much better than the market’s historical average of around...
Read moreAs written in the Barron’s this week (July 26, 2008), Lawrence Strauss interviews Mr. Lee Cooperman, co-founder, chairman and chief executive officer of Omega Advisors, a $5 billion long...
Read moreIt’s shocking to see so many who remain in denial about the economy, specifically the pundits. Until they see two consecutive quarters of negative GDP growth (a ridiculously misleading metric &n...
Read moreOn Friday, IndyMac joined the long and growing list of bankrupt mortgage companies (Accredited Home Lenders, Novastar Financial, Fremont General and dozens of others) that have been taken down by what...
Read moreAlthough not yet official, the verdict is on the way. Bear Stearns led the death march a few months ago. Now, Lehman’s bankruptcy filing signals the halfway mark of what will end up being the de...
Read moreSearching for Sanity Wall Street’s business model is broken. The high stakes game of Russian roulette which Wall Street never seemed to lose, is taking them down one by one. Commercial banks ar...
Read moreAmidst speculation that Freddie and its big brother Fannie are facing insolvency, U.S. Treasury Secretary Paulson said the primary focus was supporting Fannie and Freddie "in their current form as the...
Read moreRunning Out of Options With the recent collapse in share price, both GSEs are going to have a very difficult time raising capital. You won’t find many buyers of the stock after its recent dive....
Read moreMy advice is to find some people who you trust; those with proven track records, those who are not tied to the television shows. Figure it out. You are only going to be misled by the mainstream med...
Read moreBuy you ask? Yes. Not stocks, unless you’re talking about oil. And unless you’re the best of the best of traders you’ll probably want to buy the oil trusts, but only if you b...
Read moreMr. Greenspan, you have been the individual most responsible for the current crisis; a crisis which commenced only a few years after you tried to minimize the dotcom collapse, which of course you also...
Read moreThose of you who are familiar with my previous publications know my real estate forecasts remain unchanged since first published in 2006.
Read moreIt’s that time of year again when the cheeseball marketers and penny stock newsletter bozos gather to pitch their bull to the sheep. The name of one of the biggest of these events is the Money S...
Read moreI failed to post anything about the market rally on this site (since it's still not 100% up and running). But I did make a couple of brief posts elsewhere a couple of days ago. Basically wha...
Read moreWithout a doubt, Warren Buffet is one of the leading investors in the world. There’s no disputing that. But let’s face it. His skills have been over-exaggerated by the media. Of more detri...
Read moreThat’s right. You read it correctly. Now why would I say something that even most “experts” would laugh at? Because I want to point out once again how so many out there are in...
Read moreFor all of you out there who listen to economists and think they know what’s going on, hopefully you will begin to realize that the official data you see is nothing but an illusion after you rea...
Read moreI continue where I left off – discussing just a few of the ways Washington tries to fool us by its misuse and manipulation of data. Washington likes to remind critics that Americans enjoy the...
Read moreDeficits, Debt and Excess Consumption As you may recall, in February 2008 President Bush unveiled a whopping $3.1 trillion budget that boost military spending and reduced health benefits for retire...
Read moreYou might recall a recent article I wrote called "Madoff in Perspective" where I point out that the real Ponzi scheme is being ignored - that orchestrated by the financial industry. I also make...
Read moreWASHINGTON (Reuters) - More U.S. chief executives got pay raises than had their pay cut in 2008, a year when billions in taxpayer dollars went to prop up struggling companies and millions of workers...
Read moreI decided to check out a couple of these so-called tea parties so I could confirm what I already knew. Let me just say this. I was disgusted by the naive nature of those in attendence...
Read moreIn the previous part of this article we saw how what Buffett invests in doesn’t matter to you. Let’s look at an example how the media uses the Buffett name to make money. I’d like to...
Read morePreviously, I discussed the fact that what Warren Buffett invests in doesn’t matter to you. Then I followed up by explaining how the media uses Buffett to make money. Here, I complete the l...
Read moreTrillions of dollars for the bailouts haven’t satisfied the banks and automakers. They want more, and they’re spending your dollars to make sure they get it. According to the Associated Pr...
Read moreWhile some would consider Cramer a “stock pumper,” others would consider him their savior. I would consider him the “Dr. Phil” of Wall Street because, similar to Phil, he desig...
Read more