Here at Farmann we are bears. We see trouble mounting left and right. The FED bailout is not a real fix, it is a dad bailing for his teenage sons reckless credit card debt. The father has saved face, the credit card companies has a bail, but the son has not learned the lesson. So […]
So writes Will Hutton in the Guardian, and we agree. Not in our lifetimes, or in that of our children, will China be anywhere near catching up with the US. http://www.guardian.co.uk/commentisfree/2008/may/11/usa
The financial crisis seems all but over. Capital markets are confident again. Stock markets rising. It is as if Bear Stearns took the entire hit and everyone else just ducked the bullet. This just ain’t so. There are massive losses, massive losses yet to emerge. This wave of confidence is like the guy falling off […]
Intrade now predicts the chance of the next president beeing Obama is 57%. McCain is down to 38% and Clinton is down to 6%. So, first, forget about Clinton. Most likely, most likely, the next President of the USA is Obama. Prepare for that. Act now. Read up on what this means. He says he […]
Ron Paul’s book “The Revolution: A Manifesto” will be the #1 best seller on New York Times bestseller list May 18. As peaceful libertarian free-market revolutions come, it does not get much better than this. Ron Paul’s ideas is having a huge impact. He might not win the election, but he is turning the minds […]
Don’t fight the FED. We have, with part of our portfolio in puts during this boom, and so far we are down on that. However, we have recommended to keep most of your portfolio in cash – we still think that is sound. There is going to be a fire sale, it has not yet […]
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