October 16, 2006 – U.S. Federal Reserve Chairman Ben Bernanke recently stated that the enormous U.S. trade deficit that the U.S. has incurred over the years is nothing to worry about because it merely reflects global savings patterns. He states…
Year: 2006
October 14, 2006 – When you look at satellite images of Africa at night, it is truly amazing. It’s beautiful yet eerie at the same time. The entire continent, with the exception of the coasts of Algeria, Tunisia, and Morocco,…
Q: What Investment Film Do You Recommend? As the weekend is approaching, I thought I would keep today’s entry very light. Saw a trailer today for what looks like an amazing film about a man, Chris Gardner, who traveled a…
October 12, 2006 – As an afterthought on my blog entitled “State of Denial”, I thought about the accusation author Bob Woodward made that the Bush Administration, prior to the 2004 Presidential elections, asked then Saudi Ambassador to the U.S.,…
Q: Why am I Still Staying Away from Investing in Russia? I’ve written here a couple of times that Russia, now with the 4th largest reserves of any central bank in the world, is not to be ignored. However, I’ve…
Q: Why Do I Ask for Comments? To keep a pulse on investment topics that people would like to read, I glance at the analytics for my website quit often. I noticed that a reader in Namibia was reading my…
October 10, 2006 – On September 13th, I wrote this entry “Gold has increased volatility these days because of all the morons that run hedge funds that pump and dump commodities such as gold. Recently I’ve already read of numerous…
October 10, 2006 On September 25th, I wrote a blog titled, “I’m Not Looking So Smart…Yet”. I added the “Yet” because I knew that both the events I was predicting despite media reports much to the contrary, would happen. I…
October 9, 2006 – While I still like certain individual Chinese stocks, I don’t particularly like the banking industry in China. This week, there has been enormous hype surrounding the largest IPO in history planned on October 27th by the…
October 8, 2006 – In a previous blog, we mentioned that an abundance of perspective is a critical key to building significant amounts of wealth. Why? Because perspective is the only tool that allows you to sort out reality from…