Steadfast Finances

 Commodities, Investing 101, Investor Psychology         35 comments

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This is how seasoned commodity traders view the current gold bubble. Whoops! I mean gold rush.
Experienced traders know very well that the gold market is teeming with multibillion dollar hedge funds and professional speculators, which means they are after one thing… fast money!

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 Commodities, Investing 101, Investor Psychology         39 comments

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The majority of the investing world, like countless times throughout history, has once again found itself spellbound by gold’s luster and I’m here to tell you why I think gold is a bad investment.
I’m feeling another black sheep moment coming on.
Truth is, gold has had a heck of …

 Commodities         5 comments

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One of the best shows on cable television, at least in my opinion, has to be Discovery Channel’s hit show Deadliest Catch.  Where a group of uber grouchy, Type A personality crab boat captains risk life and limb so we can dip those succulent eight leg crustaceans in a bowl …

 Commodities, Financial Crisis         6 comments

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As if things couldn’t get worse, how does additional price increases at the grocery store sound for 2009?
Many California farmers will allow their farmland to sit idle this year because they simply can’t get enough water, or get adequate bank financing, to grow their crops.
What’s the problem?  [see videos below]

Drought …

 Energy crisis, Gas Prices, Market Themes         11 comments

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Three months ago all I heard was speculators this and speculators that.  Every financial news program I watched on a daily basis went out of their way to include the phrase “oil speculator” just to get a rise out of us.
And most people lapped it up like crazy!  Especially when …

 Auto Sales, Commodities, Green Living, Investing 101, Microtrend Investing         No comments

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It would seem T. Boone Pickens and his Pickens Plan followers are about to receive a flood of new supporters if headlines like these can be generated on a consistent basis.
And yes, it’s confirmed, select residents in Utah who are fortunate to drive Compressed Natural Gas (CNG) vehicles are lining …

 Commodities, Market Themes, Personal Finance Tips         No comments

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Growing up in a rural community, it was relatively common for me to spend a few weekends every summer cutting firewood to lower the electric bill during the cold winter months.
Like many things, I only paid attention half the time to such personal finance tips as a kid, but I’m …