Is there a Plan B?

" In 1802 Thomas Jefferson said “I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and...

Buying Monkeys

Once upon a time, in a village, a man appeared and announced to the villagers that he would buy monkeys for $10 each. The villagers seeing that there were many monkeys around, went out to the forest, and started catching them. The man bought thousands at $10 and as supply...

Dubai house prices up 78%, another surge guaranteed « Peter J. Cooper’s We...

"Dubai house prices rose 78 per cent in the year to the end of Q1, according to a report from Colliers International. But all the anecdotal evidence suggests that rising prices have continued since then, and may have considerably further to go as the Federal Reserve cuts...

Lessons from the 70s in why oil prices can stay high « Peter J. Cooper’s W...

" The problem is that to stop a financial crisis turning into a second Great Depression the only answer is to pump more money into the system to keep it afloat. This happened in the mid-70s and inflation moved still higher while the banking system tottered but did not fall,...

Higher gold prices will follow higher oil prices like night follows day « Pe...

The oil price is spiking higher while gold prices are down, these two markets show a 90 per cent correlation, so this can not last for long.

CNBC’s Maria Bartiromo pops up in Dubai « Peterjcooper’s Weblog

You could almost think this is not the most severe financial crisis to face the world since 1929. Will all the economic problems of the world be solved that quickly?

Malaysia Elections 2008: The Aftermath of the Tsunami

"A political tsunami it may be, Malaysian voters decided to send a strong message to the ruling incumbents, the National Front headed by Abdullah Badawi. The National Front lost its forty years record of having a two-third majority in parliament as well as losing five key...

The Futility of Online Polls for Financial Markets

Everyone should be familiar with this type of opinion polls prevalent in many financial websites. These ask the typical question – are you bullish, bearish or undecided. These polls are often wrong especially at crucial times.Read more.

The Secret of Continuing Success for Traders and Investors

Bill Gates knows it. So does Warren Buffet, Conrad Hilton, Andrew Carnegie and many others like them. The secret is charity – simple, from-the-heart, altruistic giving to the needy and the less fortunate. Google’s variant of ‘for-profit charity’ is something I do not...