Welcome to the Wealth Daily Weekend Edition — our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles.
Growing up on a steady diet of Brooks, Boog, and Cal, I have never exactly been a big fan of the New York Yankees.
But if there’s one Bronx Bomber you’ve got to love, it’s Yogi Berra.
Berra could do it all in his day, and he certainly had a way with words.
If he were asked today about the absurdity of our current economic mess, I’m sure he would have something funny to say about it.
But since Yogi is not taking my calls, I thought I would put a few of his famous words in the mouths of some other famous people.
I hope he doesn’t mind…
What Ben Bernanke would say:
“It’s tough making predictions, especially about the future.”
What Federal Reserve Bank of Dallas President Richard W. Fisher would say:
“If you don’t know where you’re going, you’ll wind up somewhere else.”
What NAR Chief Lawrence Yun would say after a few drinks:
“The future ain’t what it used to be.”
What short seller Richard Chanos would say about China:
“You can observe a lot by watching.”
What a homebuilder would say:
“If they don’t want to come, you can’t stop them.”
Something Bill Fleckenstein would say:
“We make too many wrong mistakes.”
A conversation between Ron Paul and Fed Chief Ben Bernanke:
Ron: “I think we’re lost.”
Ben: “Yeah, but we’re making great time.”
What commodities guru Jim Rogers would say:
“A nickel ain’t worth a dime anymore.”
What Treasury Secretary Tim Geithner would say:
“I wish I had an answer to that because I’m tired of answering that question.”
What former Countrywide CEO Angelo Mozillo would say:
“I knew I was going to take the wrong train, so I left early.”
And just one more:
“This is like déjà vu all over again.”
That’s what I say to myself these days as housing double dips, oil breaks $100/barrel, and rising food and fuel prices trigger riots and unrest in the Third World.
To me, it seems like 2008 all over again… except this time, our gun is out of bullets.
Or is it?
Only the shadow government knows for sure.
But how long can they keep it up? That’s the $64 trillion question.
I guess it ain’t over ’til it’s over.
As for some places to profit, our editors have put together a few of their best ideas for the years to come in this week’s top-read articles from Wealth Daily and Energy & Capital, below.
Have a great weekend.
Your bargain-hunting analyst,
Editor, Wealth Daily
Dawn of a New Age: The Future is Now
Learn all about the radical change in medicine that will revolutionize the way we think about aging, disease, and longevity.
Horizontal Drilling = Vertical Profits: How to Profit from America’s Next Oil Boom
Brian Hicks takes a look at the development of horizontal drilling and discusses the one company that is taking the market by storm.
The Return of $100 Oil: The Best Way to Profit from Higher Pump Prices
Editor Ian Cooper takes a look at recent oil-driving chaos, and offers a few ways to trade the news.
Wisconsin Union Protests: Why Wisconsin Protests Could Put Your Wealth at Risk
Editor Jeff Siegel shares his thoughts on the Wisconsin protests and how they could affect your wealth.
The Metals Investment of the Century: Turn $4K into $107,280
Editor Luke Burgess explains how to profit as China corners the market on a metal most people can’t even pronounce.
A New Era in Battery Technology: The Next Link in the Profit Chain
Editor Nick Hodge goes over China’s dominance of the solar industry and its next course of action for solar profits.
Carlos Slim Continues to Invest in Mining: Three Junior Mining Stocks Near Slim’s New Mining Venture
Analyst Luke Burgess discuss Carlos Slim’s new mining venture in Zacatecas, Mexico, and gives investors a few new ideas on how to take advantage of the rapidly developing regional mining district.
The Saudis Don’t Like It: Chaos, $158 Oil, and The Kingdom Can’t Help
Editor Christian DeHaemer reports on chaos in the Middle East and tells readers how to profit from $158 oil…
Libya’s Oil Upheaval: Mideast Oil is Risky Business
Editor Keith Kohl explains why the latest unrest in Libya spells trouble for Big Oil.
The Resource Curse: Securing Your Oil Wealth
Editor Nick Hodge tells readers why he welcomes higher oil prices and why you should, too.
Silver Headed to $50 an Ounce in 2011: Global Supply Dwindles While Demand Skyrockets
Analyst Greg McCoach discusses the current silver market and explains how the white metal is in shorter supply than most investors are aware of.
My Last Coal Reco is up 823%: The Secret Energy Boom
Editor Chris DeHaemer reveals the secret energy boom taking place around the globe… and tells investors how to cash in on a profitable coal market.