Posted Jul 3rd 2009 6:00PM by Sheldon Liber
Filed under: International markets, Other issues, Rants and raves, Competitive strategy, Workspace, Media World, Headline news

While Michael Jackson is referred to affectionately by fans as the
"King of Pop" . He could have just as easily carried the title
"The hardest working man in show business" except for the fact that elder statesmen of the music world, the late
James Brown earned that title first.
While recriminations are being thrown around about the specific cause of Jackson's death, the primary reason he passed away may really have been overwork. In truth, his sleep disorder, eating disorder, drug dependency and seemingly bazaar behavior at times may have all stemmed from his obsessiveness. He truly gave his fans everything he had in him right to the very end.
Many of us have been accused of being workaholics, some worse than others. Michael Jackson was an extreme example pushed by his perfectionist attitude and the fact that he always felt the need to surpass his already high performance level.
Continue reading Michael Jackson fireworks, the workaholic
Posted Jun 20th 2009 12:10PM by Joseph Lazzaro
Filed under: International markets, Forecasts, Other issues, India, China, Brazil, Russia
The BRIC nations -- Brazil, Russia, India, China -- basically the powerhouses of the developing world, recently met to discuss, among other things, the possibility of forming an effort to move away from the dollar as the world's reserve currency.
Among options for consideration: a) a shift to another hard currency, b) a shift to a basket of currencies, and c) the possibility of the International Monetary Fund's special drawing rights unit of account serving as the new reserve currency.
Continue reading No BRIChouse yet: Dollar to remain world's reserve currency
Posted Jun 17th 2009 5:50PM by Joseph Lazzaro
Filed under: International markets, Other issues, Commodities, Oil

What's the current, sexy trade by institutional investors? Buy oil, sell the dollar.
For market absolutists and conservative economists, this is an 'np' -- or
nooo problem. Like oil? Knock yourself out, and buy away. Oil's sexiness, due to expected increases in oil demand as the U.S. and global economies recovery, is a major reason crude's price has increased about 100% in six months.
Oil closed Wednesday up 56 cents to $71.01 per barrel.
Continue reading Institutional investor trade of the quarter: Buy oil, sell the dollar
Posted Jun 15th 2009 6:47PM by Sheldon Liber
Filed under: International markets, Other issues, Rants and raves, Middle East, Scandals, Politics, Presidential elections, Oil, Headline news

The landslide victory of current president
Mahmoud Ahmadinejad and the announcement of same, only hours after the voting polls closed, even though paper ballots had to be hand counted, has cast serious doubts about the election results.
Last week I wrote of
Iran's great potential but today much of that potential has evaporated for the time being, and perhaps for another four years. The rulers of Iran have decided that the devil they know is better than the one they don't. Unfortunately, as far as politicians go, they may have gotten exactly that.
Continue reading Iran will waste four more years
Posted Jun 15th 2009 5:40PM by Larry Schutts
Filed under: Other issues, Columns
Can investing and collecting go hand-in-hand? Yes -- especially if you are collecting coins, stock certificates, bank notes, or other rare items of value. Larry Schutts, an expert in investment-related collectibles, will periodically review items of interest from his collection and answer your questions here.
Every December, I send each of my brothers a package of Christmas gifts for the family. The boxes contain the usual assortment of presents one sends to sisters-in-law, nephews and nieces, but my brothers always get the new American Eagle Silver Proof dollar. The U.S. Mint has issued the coins every year since 1986 and I have been sending them just that long. It has been some time since the boys have been able to express any surprise about their gifts, but I have always told them to be of good cheer. Those silver dollars, I have said with emotional certainty, are bound to be worth rather more one day. Well, I got to thinking about that promise recently and I thought I would look at the prices folks are getting for the coins nowadays to see whether I was right.
Continue reading Collectible Investments: American Eagle Silver Proof Dollars
Posted Jun 10th 2009 5:45PM by Sheldon Liber
Filed under: International markets, Other issues, Rants and raves, Competitive strategy, Middle East, Politics, Presidential elections, Oil, Headline news
Iran's flawed democracy is still better than most of the political systems among other countries in the region. For the past few decades the morality police, prodded by religious literalism, have mandated women to cover themselves when they are out in public. This same religious literalism has impeded the potential of a country that has a large population, in a key geographic region, with oil and other natural resources.
Iran is in the midst of a presidential election that has stimulated much heated debate among the population about the failures of the current government in economic and political terms, and that has created a feeling of isolation. The isolation is more than a feeling, and it has limited the growth of the nation to something far less than its capabilities.
Continue reading Iran's great potential and its challenges!
Posted May 14th 2009 6:40PM by Larry Schutts
Filed under: Other issues, Columns
Can investing and collecting go hand-in-hand? Yes -- especially if you are collecting coins, stock certificates, bank notes, or other rare items of value. Larry Schutts, an expert in investment-related collectibles, will periodically review items of interest from his collection and answer your questions here.
The development of the mining industry was critical to the economic expansion of twentieth century America. Coal and uranium furnished much of the energy necessary for industrialization. Iron, copper and cement components provided essential building materials. Gold and silver served as monetary bases. Most work in the 1800s involved the removal of near-surface materials, but growing mineral demands sent twentieth century miners deeper. Increasingly complex technologies required higher levels of capital investment and that led to a wide variety of corporate stock offerings. Many of the old mining certificates are reasonably priced and that makes them popular with the "scripophily" (collector) crowd. Decent levels of appreciation are also attracting the investment community. Compare seven-year price gains of the specimens discussed below with advances in the Dow Jones Industrial Average (+16%) and the S&P 500 Index (+16%) since the market lows of 2002.
Continue reading Collectible Investments: Twentieth century U.S. mining stock certificates
Posted May 13th 2009 5:00PM by Sheldon Liber
Filed under: Other issues, Rumors, Rants and raves, Market matters, Money and Finance Today, S and P 500, Recession, NASDAQ, Financial Crisis

The market is down again today and there are millions of people trying to figure out why. Some will tell you they know why and give you a plausible rationale. There may be bits of truth here and there but there is also an arbitrary nature too. If not arbitrary, then haphazard.
The market may be down because nobody in Washington - Obama, Benanke or Geitner - made a speech today pounding the drum for a brighter economic outlook.
It could be because oil prices have been slowly rising again as inventories are drawn down.
Continue reading Quick Take: Why is the market down today?
Posted Apr 29th 2009 6:00PM by Sheldon Liber
Filed under: Analyst reports, Analyst upgrades and downgrades, Other issues, Rants and raves, Market matters, Scandals, Citigroup Inc. (C), Bank of America (BAC), Personal finance

A lot of readers have been thinking similar thoughts to someone who commented on my recent post:
Chasing Value: Watch BNI -- the heck with Citigroup.
- Donald wrote, "Why the hell would I take advice from a company, that as a whole, its Net income was US$ −27.684 billion for 2008.
While this is an obvious question from a skeptical investor, and we all have good reason to be skeptical, it obscures a more important issue. Is there a relationship between the financial standing of the bank and the value of an individual analyst or adviser? The answer is, absent any conflicts of interest, that there is not.
Continue reading Why take advice from Citigroup? Or any other analysts for that matter?
Posted Apr 27th 2009 1:40PM by Melly Alazraki
Filed under: Major movement, International markets, Other issues, Market matters, Mexico
Just as investors were beginning to feel somewhat positive -- the economy was at least bottoming, and possibly showing early signs of turning around -- swine flu has appeared and put the global economy under its own stress test.
The Obama administration declared a public health emergency Sunday because of the flu outbreak. So far officials have confirmed cases in New York, Texas, California and Kansas. Globally there have been cases of the same strain of the deadly flu, which is suspected in the deaths of 103 people in Mexico, as far as New Zealand.
One after another, sectors, markets and companies affected by the flu's consequences have exhibited symptoms -- good or bad.
BloggingStocks and DailyFinance have more:
Posted Apr 21st 2009 5:30PM by Sheldon Liber
Filed under: Other issues, Rumors, Press releases, Rants and raves, Scandals, Media World, Headline news

Let's talk about investment risk and alien sightings. How do you assess risk? What is your exposure? What are the odds? What kind of fact checking do you do? What return is appropriate for what level risk? What is your time frame? Do you ask yourself the hard questions?
An ex-astronaut
claims that the aliens have landed on earth. According to CNN:
former NASA astronaut Edgar Mitchell and other UFO enthusiasts are concerned, the real story is happening elsewhere. Mitchell, who was part of the 1971 Apollo 14 moon mission, asserted Monday that extraterrestrial life exists, and that the truth is being concealed by the United States and other governments.
All of this alien talk is baloney.
The "government" could not keep a secret if the entire universe were at risk. The odds that multiple governments could keep a common secret and that not one person would provide the slightest conclusive evidence are microscopic.
Continue reading Alien sightings, government cover-ups, and investment risk
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