What to do about BPs Dividend

It finally happened. Yesterday, BP (NYSE:BP) announced that it would suspend its dividend for the remainder of 2010. After that, it will probably depend on how much the… Read more

It’s Official: BP Cancels Dividend

BP finally bowed to political pressure and announced it would cancel its quarterly dividend for the remainder of 2010.

While this may be the prudent move to lessen the… Read more

Obama

Last night, President Obama delivered his first speech in the Oval Office. I’m guessing he chose the Oval Office to give his speech about the BP (NYSE: BP) oil spill… Read more

U.S. Congressional Budget Office Estimates Federal Debt Will Double by 2020

According to their own numbers, the U.S. Congress believes the Federal Government’s debt will rise to 90% of Gross Domestic Product by 2020.  That means that the Government would need to… Read more

Certainties in an Uncertain Market

While I would love to tell you that I’m bullish on stocks, the fact is that we remain in a secular bear market. For this reason,… Read more

Ben Bernanke is confused about gold

Federal Reserve Chairman Ben Bernanke recently expressed some confusion about increases in gold prices.

According to a recent story in The Wall Street Journal, Bernanke said, “I don’t fully understand… Read more

Wall Street

Today I’m going to blow the lid clean off of what I consider to be the biggest tar-pit for individual investors in the market today.

Nightmare Gold Scenario

Yesterday I wrote about the prospect of the U.S. Federal Government seizing or outlawing the private ownership of gold bullion.

In… Read more

BP May Cancel Dividend

At this point, BP has lost around $100 billion in market capitalization. Yet even the wildest estimates for the cost of the Gulf of Mexico spill are far below… Read more

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