Well, the Buy The F**king Dip (“BTFD”) crowd is still active and have recently been joined by the Buy The F**king All Time High crew (“BTFATH”). Now we all know that the Zero Interest Rate Policy and Quantitative Easing have left yield seekers few alternatives and so stocks grind higher.…
Potash I have been doing a little research of late on Laotian potash. It is a very interesting opportunity and worth more investigation. Russian companies produce around half of the world’s 30 million tonnes of annual potash production, followed by Canada with about a quarter of total production. Laos produced…
At the age of 20 Bernard left his job as an account clerk on Wall Street and headed to Cripple Creek, near Denver, to make his fortune from mining. It didn’t turn out well. “I learned my first lesson in money making – that people who try to get rich…
This graphic shows the gigantic size of US debt, compared with revenue. Another disturbing trend is the large and persistent deficits of recent years. What is not shown is the future debt of unfunded government programs, such as Obamacare (the Patient Protection and Affordable Care Act). These programs are estimated…
Jesse Livermore was born on a farm in Massachusetts, on July 26 1877. He was trading by the age of 14. Early family history is not clear, but it appears his father was a hard master and wanted Jesse to say on the farm. But he had his mother’s blessing…
This post is based upon an interview with Gordon yesterday. Gordon is a stockbroker and principal with Morgans’ Caloundra office. Morgans are sponsors of marketcap.com.au. Contact Gordon here. China and Iron Ore Gordon considers that Western markets have a “bipolar” view of China. Minor economic improvements cause the bulls to rave,…