Monday, August 10, 2009

The Wall Street Journal Asia August 10 2009

FREE download click here

Technically Precious with Merv

FREE weekly precious metals investment newsletter,

click here

Entering the Greatest Depression in History


While there is much talk of a recovery on the horizon, commentators are forgetting some crucial aspects of the financial crisis. The crisis is not simply composed of one bubble, the housing real estate bubble, which has already burst. The crisis has many bubbles, all of which dwarf the housing bubble burst of 2008. Indicators show that the next possible burst is the commercial real estate bubble. However, the main event on the horizon is the “bailout bubble” and the general world debt bubble, which will plunge the world into a Great Depression the likes of which have never before been seen. (more)

Marc Chandler Interview...

one of the top authorities in the currency market... bullish on $!.. discusses $, Yen, Euro, US recovery, Australian & Canadian currencies, gold, inflation & more... audio about 25 minutes long.
(click here for audio)

Water Crisis & What to Do About It...

45-minute interview with author Robert Glennon... captures the irony & tragedy of America’s water crisis, from manufactured snow for tourists in Atlanta to trillions of gallons of water flushed down the toilet each year. (click here for audio)

Buffett’s Berkshire Adds Corporate Debt as Stock Purchases Drop

Warren Buffett’s Berkshire Hathaway Inc. is buying corporate debt and securities issued by governments outside the U.S. as the billionaire investor’s spending on stocks falls to the lowest in more than five years.

Berkshire held about $11.1 billion in foreign government bonds in its insurance units as of June 30, compared with $9.6 billion three months earlier, the company said in a regulatory filing Aug. 7 announcing second-quarter results. Buffett, 78, spent $2.6 billion in fixed-maturity securities in the three months ended June 30 compared with $350 million on stocks. (more)

Here are four indicators to watch for when rally may be over

Is the stock market's rally coming to an end?

Or is this week's churning action merely the pause that refreshes?

The difference between a top trader and the rest of us lies in how these questions are approached. Most of us are merely reactive, getting excited in the wake of any rally and becoming discouraged whenever the market declines -- even when it declines by as little as it did on Thursday, when the Dow Jones Industrial Average /quotes/comstock/10w!i:dji/delayed (INDU 9,370, +113.81, +1.23%) dropped by just 25 points. (more)

Trend Trader for Monday August 10, 2009