Monthly Archives: November, 2010
Municipal Bonds Plummeting
Muni bonds are cratering. The iShares National Municipal Fund is down more than 5% since the beginning of November. Rising long-term interest rates, a...
Senator Bob Corker on the Fed
This is a giant leap in the right direction. The Fed’s dual mandate is harmful to the long-run stability of the U.S. economy. Monetary...
Stock Market Bulls on Shaky Ground
The chorus of bullish stock-market pundits on CNBC has become deafening in recent months. The justification for buying stocks that I hear most often...
Gold is at $1,400
Don't tell me there is no inflation, the price of gold has topped $1,400/ounce. The Dow Jones Industrials are up year-to-date and over the...
Sky-High Silver
Silver prices have gone parabolic. The metal is up almost 60% since August. If history is any guide, this isn’t going to end well.