Guy's like King are famous for hiring batteries of accountants and platoons of lawyers to find new ways to avoid taxes that are due from them under current tax law.  It is well documented that the father of the "Buffett" rule, Warren Buffett himself, is involved in a lawsuit against the IRS in order to avoid paying hu...more

I guess Anthony is now advising day traders. He says the market could go up for a "few weeks" before it turns down again. Oh....that is really helpful.. Apparently Anthony can now time the market in weekly increments. I don't buy it. Batten down the hatches. Helicopter Ben is wreaking havoc on the dollar. Inflation wil...more

When I saw the headline of this piece, I thought Anthony had finally figured things out. Unfortunately, reading the whole article just confirmed once again that Anthony is clueless about the economy. For example, he refers to Obama's budget plan as "middle of the road". What is middle of the road about a budget that ra...more

I am always amused by these guys who look at chart and think they predict the future for an asset. These guys remind me of a gambler friend who thinks the cards have a memory and that future hands are predictable based on past hands. Gold has been either currency or a proxy for currency for about 5000 years. Gold will ...more

These gladiator hustlers greet you with a big smile and literally beg you to take their photo with you, and then they ask for an absurd amount of money. The police should crack down on them. Italy would not even be able to exist without the tourists.

So, let's summarize...unemploy ​ ment fell from 8.3% to 8.2% because 330,000 people left the workforce but the full unemployment number,the one that counts discouraged workers who have stopped looking for work and workers in part-time jobs who are looking for full-time jobs fell in March to 14.5% from 14.9%. This cann...more

Wow, there are a lot of kool aid drinkers posting today. Those who think the current P/E of the market is a buying opportunity did not live through the 70's when the P/E of the S&P was as low a 6. Real inflation which incidently includes energy and food is probably at about 8%. This is only the beginning. When inflatio...more

In 40 years of observing the economy and reasonably successful investing, I can say that all of the major fundamental shifts in the economy are telegraphed way ahead of time. This is true of the inflation of the 70's, the 20 year stock market and bond rally, the tech bubble, and the housing bubble. Logic would suggest ...more

While I agree that Dimon and most CEO's are overpaid, it is also clear that the relatively lower pay for journalists cause them to bias their reporting with their "underdog" mentality. Thus journalists deserve their lower pay because they do not report objectively. Yet, the myth of objectivity is the only reason the pu...more