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Speculative Bubble Drove Oil to Record Highs in 2008, Says Fed

Who is the radical economist claiming that “financial speculation played a significant role in the oil price increase between 2004 and 2008, and its subsequent collapse?”

9/1/11: The Grand Diversification Lie

  About IF   |    Services  |    Newsletter Archives   |   IF Video Room   |   Contact Us Visit the IF Video Room The Grand Diversification Lie By Charles Delvalle September 1, 2011 An opening word from Andrew Gordon The least controversial investing rule on Wall Street is

Can Bernanke Pull Out Another Bunny?

This morning gold is up and oil prices down, a sign that the market expects Bernanke to underwhelm with his speech at 10am. I agree. Here’s why…

Time to Turn on the Dollar Printing Press, Says Britain

US firms are sitting on $2 trillion. The bad news? The US can’t easily crank up spending with a deficit already at 10.8% of GDP. Find out what the solution is.

Is “Free Money” the Answer?

Low-interest rates help companies borrow. They help banks and hedge funds make money with “free money.” But do they help you? And does the government care?

In Bid to Boost His Re-election Chances Obama Forsakes His Own Economists

Obama is no longer paying attention to economists and economics in making decisions impacting the economy. The NYT thought this was news. I don’t…

Wall Street’s Playbook Says Gold Is Done

So this is how Wall Street thinks: They’re pessimistic on oil & Europe. They like but don’t love commodities. They think gold’s run is over. And they like EMs.

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Just How Stupid Is Bernanke?

Of course Ben Bernanke has an eye on Europe and their rising interest rates. Not to coordinate. That would be asking far too much of our central bankers. But arguably the ECB (European Central Bank) is the world’s third most influential central bank, behind The Fed and China’s. Britain’s Telegraph is calling