George Soros on the Global Rebound

Billionaire investor George Soros thinks the worst of the global financial crisis is behind us.

In a June 20 interview with Polish television, the Hungarian-born Soros acknowledged that this has been the most serious crisis he’s seen in his lifetime, but said, “Definitely, the worst is behind us.”

For those that like to interpret “Soros-speak,” that’s as powerful a sign as any that one of the world’s most successful investors is “going long.”

But is he wrong?

On one hand, the World Bank is busy roiling the markets with recently updated figures that project a 2.9% decline in global economic activity this year. Then there are…

Jim Rogers: The Legendary Investor Speaks About The Credit Crisis

Whenever a visionary like Jim Rogers speaks, the elite investors of the world listen. And for good reason: His insights have made investors a fortune. Our friend and colleague Keith Fitz-Gerald recently sat down with Jim Rogers for another of his exclusive interviews. Rogers, no doubt, has been very public about his criticism for U.S. government and corporate fiscal policy. Here he digs into the duration of the credit crisis – something on the minds of many investors today…

Earlier this week, the transcript of this interview was released for the first time to Money Morning readers. And he’s agreed to share…

The Dismal Situation George Soros Warned You About

Last year, I devoted several issues of my Strategic Investment service to the web of structured finance. I think it paid off.

Since then, banks and brokerage stocks were punished. Energy and material stocks have soared-thanks to the Fed’s inflation campaign. Fed officials have taken their ability to devalue the U.S. dollar to new heights. Sure, it’s recovered slightly. But, what collateral backs today’s dollar? Mostly mortgage securities that nobody wants — as if Treasury bond collateral weren’t bad enough.

Despite the latest “reports,” current trends still have room to run. Just consider Fannie Mae and Freddie Mac. Those shareholders could be…

Small-Cap Vaccines

Small Wonders

The media have dubbed it “the new age of epidemics.” From SARS to cancer, diabetes to the flu, we live in a world of increasingly powerful germs and diseases.

Drug companies large and small have renewed their interest in one specific health care sector. It’s a true form of preventative medicine — a rapidly growing field that’s already decimated countless dangerous and deadly diseases.

Now biotechs and Big Pharma are in a race against time. Their mission is clear: Rid the world of the onslaught of superbugs and diseases that could cause the next great epidemic. And they’ll use second-generation technology…

Four Things to Ponder and Three Ways to Act When it Comes to the Fed

There’s one thing you can almost always count on with the government: Coming late to the party.

The release of the U.S. Federal Reserve’s minutes from the April 29 and 30 meeting of the Federal Open Market Committee (FOMC) included several “pronouncements,” none of which you’re hearing from the mainstream press and all of which we here at Money Morning told you were coming months ago.

Four things to think about:

1. The Fed’s doom and gloom forecast of 0.3% to 1.2% gross domestic product (GDP) growth represent the FOMC’s views from over a month ago. Since then, we’ve had a meager round…