You Just Paid $24,000 for Each Clunker

The White House is none too happy about Edmunds.com’s recent analysis of the cash for clunkers program. President Obama (and staff) must feel as if Edmunds is attacking them, and evidentally, they are a bit upset that Edmunds’ analysis is not in line with...

The Stock Market Tide Is Turning

In his October 28, 2009 issue of the Wellington Letter Bert Dohmen, of Dohmen Capital Research, suggests that a market top may have been reached when the S&P 500 reached an intraday high of 1101 on October 21. He suggests that Dohmen Capital’s technical...

Marc Faber on the US Dollar

Marc Faber on Bloomberg, October 26, 2009. Your cash purchasing power diminishes over time, like the US Dollar is weak. That’s a symptom of inflation. To have deflation really in the system you would have to have a strong currency. As long as the currency is...