Our China 25 ETF (FXI) has struggled lately, almost reaching our sell stop before rebounding slightly. However, two different advisory newsletters I receive are now pointing to a possible rebound in the Chinese stock market. Following is a reprint (with permission) from today’s Money and Markets. It’s entitled “What China Wants, China Gets!” by [...]
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When Wall Street’s darling growth stocks start reversing course, they become beaten-up value stocks. Growth-stock investors have no patience for companies that fail to meet inflated earnings expectations and value investors are too timid to step up and buy for fear of getting into a declining situation too soon.
When the former stars of Wall Street [...]
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Alistair Darling, the British Chancellor of the Exchequer who is responsible for economic and financial matters, speaking at the G7 meeting last weekend highlighted the global nature of the problem. “For the first time in a generation we are seeing inflationary pressures that are not home-grown but are being imported,” he said. “Food prices are [...]
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What Will Take the Gold Price Higher?
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - GoldForecaster.com
– Posted Friday, 7 March 2008
www.GoldForecaster.com
Gold and silver prices are making new ground every day and are consolidating, seemingly in preparation for an attack on $1,000. Thereafter, who will buy gold and pay over $1,000? It seems a [...]
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A few weeks ago I wrote about Story Stocks (see “Story Stocks, What’s the Story?). In it I profiled a company called Pro-Pharmaceuticals (PRW), a small biotechnology company that closed at $.67 yesterday.
PRW has a powerful story that is too important to ignore (see their web site). My wife and I attended a session with [...]
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The French philosopher Voltaire observed, over two centuries ago, that “All paper money eventually returns to its intrinsic value-zero.” Remember his wisdom in conjunction with a comment from John Pierpont Morgan (better known as J.P.), the brilliant U.S. financier who essentially saved the U.S. financial system following the Panic of 1907. In 1912, one year [...]
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Even though in purely nominal terms, gold is above $850 “record” level we saw in 1980, in real terms gold is very far below that level. Gold would have to be more than $2,000 per ounce, adjusted for inflation, to approximate that 1980 level in today’s prices. Though gold is now trading at a record [...]
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