The Politics of Higher Oil Prices

May 28, 2007 - On January 23rd, at the Underground Investor, I wrote this: Steve Forbes, publisher of the noted Forbes wealth magazine, went on record at the Las Vegas Gold Show that oil prices would reach $35 a barrel in 2006. That certainly was a contrarian viewpoint at the time, and obviously, it never … Continue reading The Politics of Higher Oil Prices

Asian Countries Pooling Reserves to Protect Against the Incredible Shrinking Dollar, Part II

May 26, 2007 - I’m sure a bigger part of the discussion about these “pooled Asian reserves” not publicly discussed revolves around China’s continuing plans to diversify out of their huge dollar denominated reserves. All participating countries in this reserve pool must wonder how this can be achieved without greatly harming the value of their … Continue reading Asian Countries Pooling Reserves to Protect Against the Incredible Shrinking Dollar, Part II

Asian Countries Pooling Reserves to Protect Against the Incredible Shrinking Dollar, Part I

May 25, 2007 - Recently it was reported that the finance ministers from Japan, South Korea, Thailand, and China among other Asian countries would meet in Kyoto to discuss pooling some of the region’s $2.7 trillion in foreign-denominated reserves to serve as a buffer against speculators driving down the value of their domestic currencies as … Continue reading Asian Countries Pooling Reserves to Protect Against the Incredible Shrinking Dollar, Part I

A Nobel Prize Winning Economist, Joseph Stiglitz, Agrees with Our Views on Proposed Chinese Tariffs

May 22, 2007 - In continuation of my last blog, today it was reported that Stiglitz criticized Congress for its stance on China tariffs. "We are in a mutual hostage situation, and China may hold the better cards," Stiglitz said. The story stated that if Congress were to pass measures cutting off Chinese exports to … Continue reading A Nobel Prize Winning Economist, Joseph Stiglitz, Agrees with Our Views on Proposed Chinese Tariffs

Two Months Later, the Economist Agrees with us on China Tariffs

May 22, 2007 - On September 25th of last year, I blogged about the close relationship of Goldman Sachs and the U.S. government and how it was more likely than not that Goldman Sachs dumping of 72.66% of the unleaded gas position in its commodities index right before the mid-term Congressional elections was politically motivated. … Continue reading Two Months Later, the Economist Agrees with us on China Tariffs

Future Chinese Stock Market Problems are being Created Now by its Banking Industry

16 May, 2007 - Here’s a story I’ve been meaning to write about but just haven’t had the time. The People’s Bank of China last month increased their Reserve Ratio Requirement (RRR) 50 basis points to 11% in an attempt to reduce inflationary measures. Although I don’t know if China actually enforces this RRR (in … Continue reading Future Chinese Stock Market Problems are being Created Now by its Banking Industry

Never Let Hope or Emotion Influence Your Options Decisions

16 May, 2007 - Case in point. With my GM puts, although they were up at one point 35% (my target was a 50% gain), I ended up selling out at a 40% loss when I got stopped out (normally I’ll set my stop-losses on options anywhere from 25% to 40%). Had in not been … Continue reading Never Let Hope or Emotion Influence Your Options Decisions

The Telegraphed Nature of Marvel Put Options is Hurting it Right Now

May 8, 2007 - The Marvel June 25 Puts have provided a good lesson that can be applied to making money in purchasing stocks. Again, I just dabble in options every now and then so by no means do I consider myself an expert in options. However, I do know enough to make money from … Continue reading The Telegraphed Nature of Marvel Put Options is Hurting it Right Now

Marvel Jun 25 Puts

8 May, 2007 - Today will be the day that will likely determine whether or not this play works out or not. Normally, as I've reiterated before, I don't like holding options through earnings announcements, but since I made the decision to buy in last week, I decided to take a chance with this one. … Continue reading Marvel Jun 25 Puts

The Reason Why Investors Couldn’t Decide on Marvel Puts Last Week is Precisely Why They Can’t Build Wealth in Stocks

7 May, 2007- I decided to re-write my article about Marvel Puts this week before the market opens tomorrow because there is an important lesson in my reasons for buying the Marvel June 25 Puts last week even if this play doesn't turn out to be successful. And though I normally don't blog about options … Continue reading The Reason Why Investors Couldn’t Decide on Marvel Puts Last Week is Precisely Why They Can’t Build Wealth in Stocks