U.S. muni-bond market is 28% larger than reported in June

The U.S. municipal-bond market is 28 percent larger than reported in June, according to a quarterly Federal Reserve release, which used new data showing individuals own more state and local-government debt.

Read more »

Transaction Tax Gaining Steam

Imagine if every time you bought stocks or bonds you were hit with a small tax. How small? 0.0003 cents for every dollar. So if you made a $10,000 transaction, you would be charged $3. Under this circumstance, I doubt you would even notice the fee.

Read more »

Shocking Charts And Statistics That Prove That America Is No Longer A Wealthy Nation

How do you decide whether you are wealthy or not?  Do you determine that by how much money you spend at the stores?  Of course not.  You can tell if you are wealthy or not by comparing your assets to your liabilities.

Read more »

Temporary Declines Do Not Change the Bullish Outlook for Gold and Silver

It may take some time for people to figure this out, but the problem in Europe is not liquidity. The problem in Europe is sovereign debt. If we are over our heads with debt because we have spent more than we make, giving us a line of credit will not get us out of the hole.

Read more »

Income Inequality: Babe Ruth vs. Alex Rodriguez

In 1927 when Babe Ruth hit 60 home runs and set the single-season record that lasted until 1961, he made $70,000 playing for the New York Yankees.  That would be equivalent to a salary in today’s dollars of only $911,000.

Read more »

Europe Is Still Burning

By now you know that S&P put 15 Eurozone countries on credit watch with negative implications. This was of course not a black swan but simply the latest in a long unfolding saga.

Read more »

A Lot of People are Living the “College Lifestyle”

Some pretty fascinating stats in this Marketwatch piece on how so many more people are living life as if they are in their early 20s.  We’ve talked about this in the past few years – how even divorced couples are still living under the same roof, as they can’t afford to physically separate,

Read more »

Time to buy Europe-heavy parts suppliers: JPMorgan

After four months of ‘decent’ European auto sales, the time is right to buy into some beaten down auto parts suppliers with operations on the continent, according to Himanshu Patel, JPMorgan analyst.

Read more »

Get Long Silver Stocks

Back in September, I highlighted how gold producers were finally starting to enjoy big earnings growth, thanks to robust and rising gold prices.
If gold manages to stay above $1,700, these companies will literally mint “real money.”
Read more »

Use the Market’s “Natural Cycle” to Make a Killing

Believe it or not, this was the first time I had experienced fall. Up until then, I lived in South Florida. That place only has two seasons – wet and dry. Fall, winter, and spring barely exist when you’re that close to the equator.

Read more »