Monty Pelerin's World

Yesterday was a big day in the stock market! The Central Banks of the world came to the rescue of Europe, at least that is what you are supposed to believe. [...]

Bud Conrad believes that Gold can reach heights others do not even imagine. He lays out his case in a  lengthy analysis for those interested. In Mr. Conrad’s opinion, the case [...]

Phoenix Capital Research has a very negative outlook on the near term. Their outlook is similar to my own (my emphasis added): We have been getting MAJOR warning signs of [...]

A long (90 minute) presentation on gold, silver, the stock market and inflation. A simple explanation that should help people understand what is happening with respect to asset cycles and [...]

As I write this, the Dow has dropped about 700 points in barely over one full trading day. Fed Chief Ben Bernanke spoke on Wednesday afternoon and markets did not [...]

Most people are convinced that QE3 (or its equivalent) will soon be with us. And most of these also believe that it will be good for the stock market. TF [...]

Regular readers know my feelings regarding the stock market and how it is likely greatly overpriced. I consider it insanity to be putting money into today’s markets (other than selected [...]

For all folks who believe the stock market is the place to be, I recommend a research paper from the Federal Reserve Bank of San Francisco. Bruce Krasting provides some [...]

Uncle Sam’s take on the debt deal: The market’s take on the debt deal is a bit different: Share/Save Download article as PDF

Richard Russell, who just turned 87, predicted a couple of years ago that we could see a 1:1 ratio between Gold and the Stock Market. That would mean, for example, Gold [...]

This chart should be a scary picture for those who believe the stock market is undervalued.  From Barry Ritholtz: NYSE Market Capitalization as % of GDP by Barry Ritholtz Chart Store [...]

Jim Grant: “The Fed Is Now In The Business Of Manipulating The Stock Market…Should Confess It Has Sinned Grievously” Submitted by Tyler Durden Jim Grant, who will never be accused of [...]