Recent content by gsrddi

AP reports: “New signs emerge that the recession may be easing.” The Stock Research Portal responds: Really? “This conclusion makes absolutely no sense to me. While some want to see ‘light at the end of tunnel’ … the U.S. Commerce Department reported construction of new homes and...

The Bank of America has joined other financial institutions in raising interest rates on its four million customers who hold credit card balances. According to the Stock Research Portal, this "obviously is not conducive to increasing consumer spending in the near term – which in my view is in...

Wellington West suggests that poor performance in gold equities vs. physical gold is due partially to “the introduction of more gold ETF products that saw a portion of the investment dollars flow away from gold equities.” In turn that this diversion is due to the “falling tides lowers all...

Given how often these days gold is touted as the ultimate “safe haven,” it’s not surprising that investors might feel less safe if they knew that the NYSE-Liffe futures exchanges seems to have run out of 1 kilogram gold bars. Futures contracts at NYSE are now backed by the promise of a...

Now that the U.S. government has embraced inflation with quantitative easing, I feel sorry both for Barack Obama and Ben Bernanke, as “both will be tarred and feathered as the people who were ‘on watch’ as the U.S. economy continues to deteriorate.”

Kathy Lien writes on Seeking Alpha that if China elected to liquidate any significant portion of its U.S. dollar holdings (approximately $2 trillion), such “liquidation would drive yields significantly higher and stocks significantly lower. The consequences of infuriating China are severe...

The fate of GM and Chrysler has put the Obama administration between a rock and hard place, especially in the “context of the decisions it must make in the self-imposed deadlines of 30 days (Chrysler) 60 days (GM) it may proclaim.” The White House will “lose credibility” if Chrysler and...