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I have been buying natural resources since 2001. Back then, commodity prices were the cheapest ever in the history of capitalism and tangibles were not…
20Jun2008 | Daily Reckoning | Comments Off | ContinuedTHE DECLINING QUALITY OF DOLLAR MENUS
Speaking of inflation, Michael Pento of Delta Global Advisors reported that McDonald’s, the fast-food giant, “stated it has no plans to tamper with its highly…
10Jun2008 | Daily Reckoning | Comments Off | ContinuedCorn Rises for Eighth Straight Month, Pitting Ethanol Use Against Global Hunger
Against a backdrop of soaring worldwide food prices, riots over shortages and controversies about food crops being diverted for biofuels, U.S. corn prices jumped another…
1May2008 | Money Morning | Comments Off | ContinuedU.S. Consumers Destined for a Future with Fewer Choices, Much-Higher Costs
Recent high-profile bankruptcies of mainstay American retailers, such as Sharper Image Corp. (SHRPQ) and Linens Holding Co.’s Linens ‘n Things, as well as the proposed…
23Apr2008 | Money Morning | Comments Off | Continued
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