Meet Monty and Tony

Text Size:

Eye on Washington: Oil and Food Price Manipulation

Nothing stirs politicians into action more than a loss in public confidence…especially with an election coming.  Currently, food and fuel inflation is contributing to disenchantment. The fact that policies the politicians themselves have brought about are responsible for the inflation is lost on them. In response to sinking poll numbers they go into scramble mode, looking for political quick fix buttons they can press.  The problem is that quick fixes often work in the short run, but create problems in the long run; in this case, more inflation. It’s a shame, but the system operates by applying political quick . . .
Continue Reading: Eye on Washington: Oil and Food Price Manipulation

Share this:
  • email
  • Digg
  • del.icio.us
  • StumbleUpon
  • Facebook
  • Sphinn
  • Mixx
  • Google Bookmarks
  • Blogplay

International Energy Association To Sell Crude Oil From Government Stockpiles

Today, the U.S. and IEA decided to sell 60 million barrels of oil over the next month, supposedly to make up for the 1.5 million barrels a day that was produced by Libya.

This is a political maneuver which will have a short term effect on oil and gasoline prices.  The authorities announced that this is meant to help the consumer, but it’s obvious that they also wanted to punish the speculators.  The IEA has previously said that targeting the speculators will backfire, yet here they are doing just that.  We find that hard to . . .
Continue Reading: International Energy Association To Sell Crude Oil From Government Stockpiles

Share this:
  • email
  • Digg
  • del.icio.us
  • StumbleUpon
  • Facebook
  • Sphinn
  • Mixx
  • Google Bookmarks
  • Blogplay

Monty’s Interview with Bloomberg’s Kim Kyoungwha, “Gold May Drop as Growth Hurts Commodities”

Gold is up 7.5 percent this year, reaching an all-time high of $1,577.57 an ounce on May 2, as investors seek precious metals as a protection of wealth against rising inflation and currency debasement.

Slowing economic growth generates “political panic,” which in turn leads to stimulus incentives, Monty Guild, chief executive officer at Guild Investment Management Inc, wrote in a note. “Look for another major rally in gold, oil, commodities and stocks,” Guild said.

Cash silver declined 0.7 percent to $35.32 an ounce after ending last week at $36.1825. Spot palladium gained 0.4 percent to $760.50 an ounce, trimming . . .
Continue Reading: Monty’s Interview with Bloomberg’s Kim Kyoungwha, “Gold May Drop as Growth Hurts Commodities”

Share this:
  • email
  • Digg
  • del.icio.us
  • StumbleUpon
  • Facebook
  • Sphinn
  • Mixx
  • Google Bookmarks
  • Blogplay

2011 — An Investor’s Road Map

2011 — An Investor’s Road Map

What lies ahead on the 2011 road map for investors?  Here’s our analysis of the current and coming terrain.

Right Now

Fear and trepidation dominate the world stock markets and have taken them down.  There’s fear over slower growth in China, the failure of several financially-floundering European nations, a double dip recession in the U.S. and Europe, and the imminent end of QE2.

The realization that QE2 did scant little to stimulate economic activity, create jobs, and /or boost U.S. real estate prices is also bothering the markets. To many observers it . . .
Continue Reading: 2011 — An Investor’s Road Map

Share this:
  • email
  • Digg
  • del.icio.us
  • StumbleUpon
  • Facebook
  • Sphinn
  • Mixx
  • Google Bookmarks
  • Blogplay