About That Letter My Dad Got in the Mail Friday

My father is 87 years old. He’s in great shape, drives on his own, plays cards with the guys each afternoon, and has basically been enjoying retirement since he sold his business when he was 65. Like all retirees, he…

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The New Land of Oz

Yesterday was an amazing day for the markets. Gold bullion hit a three-month low despite: 1) inflation rising rapidly in North America; and 2) the Chinese buying half of this year’s world gold production. The stock market was up to a…

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National Debt to Double from $17.0 trillion to $34.0 Trillion?

Can it be true?

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OECD Predicts China #1 Economy by 2016; Consumer Spending to Soar

Get ready for the massive consumer push by the Chinese over the upcoming years and decades as the government strives to drive the economic engine via consumer spending.

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My Top Three Stocks in This “Alternative” Housing Market Sector

In late February, we took a look at Drew Industries Incorporated (DW) out of Elkhart, Indiana. The company is a major component supplier to the recreational vehicle (RV) market and also sells to the manufactured homes market.

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How Easy Money Is Hiding the Real Problems in Corporate America

The stock market surged on Monday, but it wasn’t due to the report of any major positive economic data.

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Why Greed Is Not Your Friend When It Comes to Investing

I just had lunch with a friend who previously was an active investor. He was there right in the thick of it during the Black Monday crash in 1987 and the Internet bubble in 2000.

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Why These Old Economy Stocks Are Absolutely Crucial

Ages ago, a great uncle gave me a well-used 1977 Chrysler “New Yorker Brougham” coupe. The ride was larger than life and smooth. It floated down the road. More recently, Fiat S.p.A. (OTC/FIATY) is thinking of taking Chrysler Group LLC…

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Ingenious Way Stock Market Players Are Luring in Investors

As of April 26, more than half of the companies in the S&P 500 issued their corporate earnings for the first quarter of 2013. By no surprise, and as I have been warning in these pages, only 44% of them were able…

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Growing American Business Inventories Paint Worrisome Picture

The biggest economic center in the global economy, the U.S., showed dismal growth in the last quarter of 2012. Sadly, the first quarter of 2013 is looking to be the same. Demand in the country is anemic at best as consumers are struggling.

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