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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…
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…
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…
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….
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…
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…
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…
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…
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…
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…