November 11, 2011 - Quote of the Day
?The problem is that we have an analogue political culture in a digital word,? said former news anchor, Tom Brockaw.
Entries by DougD
If Demographics is Destiny, Then America?s Future Sucks
Desperate homeowners counting on a "V" shaped recovery in residential real estate prices to bail them out better first take a close look at global demographic data, which tells us there will be no recovery at least another 15 years. I have been using the US Census Bureau's population pyramids as long leading indicator of
November 10, 2011 - Quote of the Day
?When I came into Disney, it was a brand, yes, but a museum mostly. It?s was not all about Pinocchio and Snow White. We had to look forward,? said Michael Eisner, the former CEO of Walt Disney (DIS).
SOLD OUT! Last Chance to Join the Orlando November 10 Strategy Luncheon
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Orlando, Florida on Thursday, November 10, 2011. An excellent meal will be followed by a wide ranging discussion and an open ended question-and-answer period. I?ll be giving you my up-to-date view on stocks, bonds, currencies,
Silver Is Starting to Shine
I received an urgent call from my friend at Fidelitrade (http://fidelitrade.com/) this morning, a leading dealer in 1,000 ounce bars of gold and silver. He had just been cleaned out of the 1,000 ounce silver bars at $34,930 each, and there was nothing in the pipeline. What the hell was going on with silver? I
Take a look at Jeffries
I have an unusually sensitive nose. Maybe that is because it is so big. It is particularly attuned to detecting bullpucky in broker research reports. So when an analyst recently downgraded the mid-level broker, Jeffries & Co (JEF), on the back of its European debt exposure, the stench was overwhelming. I went to the website
November 8, 2011 - Quote of the Day
?The bond markets are telling the truth about the financial markets right now. It?s not being told by the equity markets,? said Constance Hunter, chief economist at Aladdin Capital Management of bond house.
What?s up with BYD?
When I first bought shares in the Chinese electric car manufacturer, BYD (BYDDF) (or Build Your Dreams) in 2009 on the heels of Warren Buffet?s 10% investment, it looked like a total home run. The stock soared from $1.50 to $11, given me a paper return of 730%. Undercover, I Totally Blend Last year, the
European Style Homeland Security
The English are feeling the pinch in relation to recent events in Libya, and have therefore raised their security level from "Miffed" to "Peeved." Soon, though, security levels may be raised yet again to "Irritated" or even "A Bit Cross." The English have not been "A Bit Cross" since the blitz in 1940, when tea
November 8, 2011 - Quote of the day
?There are more beauty parlors than there are beauties,? said the late CBS commentator, Andy Rooney. The same can be said about stock brokers. He also said ?I just wish insignificance had more stature.?