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The TARP: Just another government fiasco

The federal government does not have a strong reputation of getting things done. When it dives into a big project, a handful of folks get rich and the rest of us suffer. The $700 billion bailout is turning out the same way. By Andrew Snyder, TodaysFinancialNews.com Baltimore – (TFN): We all knew it was nothing more than [...]

Crude prices slip: Commodity investors turn and run

Crude prices are down today. Oil stocks like Exxon (NYSE:XOM) and Chevron (NYSE:CVX) have been all over the place lately. Is the commodity boom finally over? By Andrew Snyder Baltimore (TFN): If you are an energy-industry investor, it is a good bet that you have quite a headache after the last two trading sessions. With a free [...]

Gas could fall to $2 on Congress action

The price of retail gasoline could fall by half, to around $2 a gallon, within 30 days of passage of a law to limit speculation in energy-futures markets, four energy analysts told Congress on Monday. Baltimore — (TFN): Testifying to the House Energy and Commerce Committee, Michael Masters of Masters Capital Management said that the price [...]

Oil Prices and Stupid Legislation

“The latest attempt to pander to an increasingly emotional electorate is the slew of bills in Congress that aim to curb speculation in the energy markets.” — Marc Lichtenfeld, Senior Analyst, Smart Profits Report by Marc Lichtenfeld Baltimore – (TFN): Contrary to what many people might think, these guys are actually quite [...]

Dollar Bear: Bail-me-out Bennie

“The current mess did not result from a failure of the free market, but from too much government interference. The real estate bubble, and the shaky securitized products it spawned, resulted from the Fed artificially setting interest rates too low.” — Peter Schiff by Peter Schiff, Dollar Bear Baltimore – (TFN): Now [...]

Crude Oil Prices: The end of speculation

“The suggestion that we should not allow speculation in oil is disturbing.  Let’s take away the freedoms of individuals and let only the corporations play in this game. Are you kidding me?” — Rick Pendergraft by Rick Pendergraft Baltimore – (TFN): I was recently a guest on a financial radio show [...]

Gold Investing: Do not follow the herd

"With the economy convulsing up and down, most investors are wondering if their savings are going to be able to stand the ride. Not wanting to see their net worth destroyed because a national bank made immoral loans for the past five years, they are fleeing towards traditional safe havens.  " – Andrew Snyder  By Andrew [...]

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