Chris Powell: Financial Repression

“If the Chinese, Indians, Japanese, and others buy into this power-preservation scheme, then it appears — as you have long said — there really is no true market left, and we’re all screwed, no? This is not particularly what I want to believe, but if that’s where we are, then I guess I need to deal with it.”

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Hedge fund insider spills the beans: You’re better off with Treasuries

If the tailor who whipped up the emperor’s new clothes were around today, there’s a good chance he’d be a hedge fund manager. In what other job could an ambitious person with average abilities make so much money and produce so little?

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Should You Really Be Hoarding Your Pennies?

My kids love putting money in their piggy banks. They are too young to recognize the value of each coin.  10 pennies make them happier than a single quarter.

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The Number One Catastrophic Event That Americans Worry About: Economic Collapse

Can you guess what the number one catastrophic event that Americans worry about is?  There are certainly many to choose from.  Many Americans are deathly afraid of a major terrorist attack.  Others live in constant fear of natural disasters such as earthquakes, volcanoes and hurricanes.

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The Water Business is an Old Business: Water Stocks with Long Histories

American Water (AWK) is celebrating its 125th anniversary this year. Actually, the transportation of water is an extremely old business.

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Congress’s Wealth Has Tripled In Past 25 Years While Average Americans See a Decline in Income

“Wealth distribution.” It’s easy to take a side road to nowhere in discovering the truth of the matter or get lost under an avalanche of data. So let’s simplify and just focus on Congress in comparison to the rest of the United States.

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Job Creation Is the Price We Pay for Obamacare: From “Hire-and-Grow” to “Cut-and-Survive”

“Our company, CKE Restaurants Inc., employs about 21,000 people in Carl’s Jr. and Hardee’s restaurants. For months, we have been working with Mercer Health & Benefits LLC, our health-care consultant, to identify Obamacare’s potential financial impact on CKE.

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It’s The End of the World and Paul Farrell Knows It

If you read the paragraphs that Farrell wrote on those points, it is hard to disagree with the nature of the problems he cites. However these are not new issues and Farrell offers no reason as to why 2012 must be a tipping point for any of them.

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Sears blasted by investors on store closures

Shares of Sears Holdings Corp. plunged to their lowest levels in almost three years Tuesday after the department store retailer announced it was closing as many as 120 stores due to miserable sales.

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An Essential Toolkit for Resource Investors

OK… let’s say you realize that to succeed as a commodity investor, you must master the resource cycle. Let’s say you know “you’re either a contrarian or a victim.” And let’s say you’ve found a specific sector – like gold or oil – that allows you to take advantage of contrarian bargains.

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