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Bond Bubble’s Back, USPS in Trouble, Healthcare Tech, Short the Euro and More!

Contrarian Profits — Fri, 31 Jul 2009 14:30:41 +0000

pBond bubble remerges… details behind the gov’s latest debt struggle#8230; The slow demise of snail mail… USPS forecasts record losses#8230; Customized drugs: Patrick Cox on a breakthrough set to revolutionize health care#8230; Bill Jenkins with another sign the euro is overvalued… his price targets below#8230;/p p Just when you thought the bond bubble was being saved for another day…/p p/p pstrongThe government managed to auction $39 billion worth of 5-year debt yesterday… barely./strong Wednesday’s debt sale drew a bid-to-cover ratio of 1.92, the lowest investor demand since September 2008. Low demand forced Uncle Sam to jack up interest rates at the last minute in two separate bond auctions this week #8212; yesterday’s sale and Tuesday’s $42 billion auction of 2-year notes./p pSo what’s an indebted government to do? Manipulate#8230;/p

The Death of Snail Mail

Contrarian Profits — Thu, 30 Jul 2009 18:22:20 +0000

pThe U.S. Postal Service is on track for a record $7 billion deficit this year. That’s more than double last year’s loss./p pPostmaster General John Potter bumped up his previous projection by a billion bucks yesterday, citing the growing expenses of six-day delivery and employee retirement/health care plans. Potter and his team are scrambling to cut costs left and right — from a yearlong hiring freeze to early retirement offers to branch closures. But we wonder… will it even matter?/p p style="text-align: center;"a class="flickr-image alignnone" title="USPS Mail Volume" href="http://www.agorafinancial.com/5min/bond-bubbles-back-usps-in-trouble-healthcare-tech-short-the-euro-and-more/"/a/p pThe Government Accountability Office recently labeled the USPS a “high risk” federal program, and while we’re hard-pressed to think of any risk-free government program, we’re inclined to agree./p pThe Postal Service is facing a perfect storm of business risk: The business is already#8230;/p

And Then There’s This…Wednesday, July 22nd, 2009

Contrarian Profits — Wed, 22 Jul 2009 19:00:45 +0000

pGold declined gently throughout Far East and early European trading on Tuesday#8230;and by shortly after lunchtime in London#8230;had given up around four bucks. From there, a smallish rally developed that made an attempt to continue rallying on the Comex, but got cut off at the knees [at its high of the day] shortly after 9:10 a.m. Eastern time. This decline lasted until 1:15 p.m. in New York#8230;and by the time electronic trading ended at 5:15 p.m. yesterday afternoon#8230;gold was back to virtually unchanged from Monday#8217;s close.br / Silver didn#8217;t do much. It lost a dime in choppy trading./p pI mentioned yesterday that the open interest decline on Friday [in that short-covering rally] would have been somewhat offset by the big rally that we#8230;/p

Three Dollar Threats, Two Energy Trends, One Interesting Chart and More!

Contrarian Profits — Fri, 27 Mar 2009 22:43:39 +0000

div class="contenttitle"a href="http://www.agorafinancial.com/EDITORS_IanMathias.html"/aFirst Russia, then China, now U.N.? Powers of the world move to ditch the dollar #8230;Puru Saxena on why the Fed secretly wants inflation… the more the better#8230;The 5 examines the future of energy… from deep-water drilling to “polywell fusion”#8230; Another government biz on the verge of collapse… one that will affect us all#8230; Plus, some good housing news, maybe… home prices retreat to historic range/div p strong#8220;A new global reserve system,”/strong a panel of United Nations economists declared yesterday, “could contribute to global stability, economic strength and global equity.”/p pWe begin with this today not because the U.N. is saying anything revolutionary, but because the global chorus to ditch the dollar is quickly becoming deafening. The Kremlin a href="http://www.agorafinancial.com/5min/china-still-a-buy-amazing-government-moves-the-sucker-rally-a-global-currency-and-more/"last week/a, China’s central bank a href="http://www.agorafinancial.com/5min/chinas-threat-stocks-soar-a-housing-solution-and-more/"earlier#8230;/a/p

Thursday’s Market Recap (03/26/09)

Bullish Bankers — Thu, 26 Mar 2009 22:31:03 +0000

The markets rallied today with the Dow up over 2% to close at 7924.56. The NASDAQ was up 58.06 to close at 1587.00 while the S&P was up 18.98 to close at 832.86. The price of the 10-year rose with yields ending the day at 2.746%. Oil contracts were up settling at $54.34 while gold [...]

Sue the Fed, Dubai in Trouble, Coming Food Crisis and More!

Contrarian Profits — Wed, 12 Nov 2008 17:46:53 +0000

The Fed’s first credit crisis lawsuit… who’s suing and why, AmEx, Fannie Mae unload more financial follies… government “fixes” problem with more taxpayer dollars, Chris Mayer with a credit crisis byproduct (and opportunity) that could affect the entire world, China announces big stimulus plan… so why did commodities fall? A hefty chink in Dubai’s armor, Plus, Dan Amoss with a once-favored investment theme due to be back in the spotlight soon

Here’s a curious development that may be worth watching: Bloomberg is suing the Federal Reserve.

Last week, we took a look at the Fed’s bulging $2 trillion balance sheet. And if you’re a long-suffering 5 Min. reader, you know our futile recounting of the weekly Fed lending programs… all the abbreviations and…

SkyPostal, Inc. (SKPN.OB) Takes Mail Delivery to another Level

QualityStocks — Fri, 03 Oct 2008 17:01:21 +0000

SkyPostal Networks, Inc., (SKPN.OB), the Miami-based international mail distribution company specializing in the hand delivery of mail and periodicals into Latin America, has a stated mission: “To provide our customers with a consistent, secure, and reliable mail delivery service of the highest standards”. Since their founding in 2002, they have been able to do exactly [...]

The Investment World and Public Policy

Jeffrey Miller — Tue, 26 Aug 2008 05:20:43 +0000

Public policy is determined by elected governmental officials and appointees who are responsible to them. This is the nature of accountability and representative government. As citizens we are all free to criticize and vote for our favorite choices. One person, one vote. At "A Dash" we are disturbed by recent commentary that suggests that [...]