Warren Buffett: The Fed is the greatest hedge fund in history. In a speech at Georgetown University, Warren Buffett had some interesting insights on the current role of the Federal. He only half-jokingly referred to the Fed as the greatest hedge fund in history because of the Fed's ability to... Show More

Goldman Sachs and Bank of America end bearish positions on precious metals. A few months ago, things were looking grim for precious metals like gold and silver. Many analysts were predicting a lengthy downturn that would erase the gains in these assets. However, precious metals have proven to be more... Show More

Demand for 10-year Treasury remains high despite upcoming Fed tapering. As the Federal Reserve prepares to wind down its QE bond buying program, some analysts were worried that this would hurt demand in the bond market as other investors wouldn't be able to pick up the slack. This doesn't appear... Show More

Iconoclastic economist and Boston University professor Larry Kotlikoff, describes the US as arguably in worst fiscal shape than any other developed country. He estimates the fiscal gap at US$200 trillion, 17 times the reported US$12 trillion in official debt. What would it take to come up with US$200 trillion in... Show More

Former Treasury Secretary Paulson: The World should prepare for a new financial crisis. The World economy is still recovering from the devastating financial crisis five years ago. Henry Paulson, the Treasury Secretary from that time, says the World should be prepared for it to happen again. He thinks that banks... Show More

Bookmakers give Summers a 70% chance of becoming the next Fed Chairman while Yellen's odds hit new low. Months ago, Janet Yellen was by far the clear favorite to become the next head of the Federal Reserve. Things have changed dramatically, at least according to the odds set by bookmaker... Show More

September is shaping up to be a scary month for investors. While August was a volatile month for the market, September could be even worse. Over the next few weeks, the market will need to deal with potential Fed tapering, a German election that could reshape the EU leadership, and... Show More

Jim Rogers: look to gold and oil as we near Syria war and market panic. The well-known investor and financial author Jim Rogers gave his outlook on the market in an interview with Reuters. He thinks there is a good chance America will go to war with Syria and this... Show More

Top housing economist believes housing recovery is false, none of this is real. Bob Schiller, a Yale economist famous for helping create the Case-Schiller home price indices, is pessimistic about the US housing recovery. While home prices are up significantly (the Case-Schiller index has gone up by double digits over... Show More

Spain's 'real' GDP could be 21% lower than reported - With Spanish unemployment surging, tax collection low, and delinquent loans soaring, local news outlet El Confidencial notes that it does not add up that GDP has only modestly declined. The Spanish newspaper has published three charts which highlight the dramatic... Show More