Exchanging knowledge for wealth.

Have No Fear, Obama is Here

Unemployment rate at the highest level in a quarter century. 651,000 jobs lost in February alone. 8.1%
The headlines this past week certainly were not pretty and sent the markets down further than it has ever been since 1997. Based on stock market data, we just went back in time over a decade. Based on economic and employment data, we travelled back over 50 years. Sources close to the White House…

Obama Prepares for Battle

Obama’s $3.55 trillion budget proposal represents a gamble that the American people are ready for the sort of change they embraced when they elected him last November.
His goals are ambitious and it appears the only thing bigger than his ambitions are the obstacles they must clear.
That’s why President Obama warned on Saturday he was bracing for a fight against powerful lobbyists and…

The Obama Restructuring

The US stimulus is now a reality. Some say it’s good. Some say it’s bad. But most are saying it is absolutely ridiculous.
The $787 billion dollar Obama stimulus package has been met and passed with serious scrutiny. Will the package work? What do business leaders think? What do people in the capital markets think? And most important, what do the markets think? The Dow closed this…

The Gold Super Hero

With investors hurdling toward gold as our Government prints more money, I am reminded of a story that many gold enthusiasts may already know. It’s a story about a real life gold super hero whose deviance of conventional wisdom turned a failing corporation into one of the world’s largest gold producers.
Rob McEwen wasn’t a miner. He was a young man following his father’s f…

Its not the strongest that survive

It’s hard to find an industry that’s not experiencing dramatic change. Charles Darwin once said, “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” As part of our current economic conditions and as financial consumers, we must be responsive to change.
Change begins with the evolving dynamics of our inv…

If you build it, they WONT come

If you run your company well, build a good management team, hit your milestone marks, make some discoveries, and make some profits, investors and financial consumers will come knocking at your door to throw their money at you. After all, they want to be part of the winning team and could care less if you care about them…right?…

Buy Warren Buffett. I am.

“Be fearful when others are greedy, and be greedy when others are fearful.”
Yes, I know, you have heard that phrase a million times over. And yes, I know, it is a phrase coined by one of the most successful – no – THEE most successful investor of all time: Mr. Warren Buffett
As a kid growing up that phrase has always echoed in my head. So has the Oracle of Omaha. There is no doubt that he is the b…