Investment Postcards from Cape Town

Although this is a short week in the US as a result of the Thanksgiving holiday, there certainly has not been a lack of video clips trying to make sense of the latest on the bailout front, rapidly deteriorating global economies and other pertinent matters.

A number of the more interesting clips that have attracted my attention are shared below.

First up is a rather disconcerting clip featuring Peter Schiff assessing the implications of current US economic policies by means of similar historical situations elsewhere in the world. (In the same vein, also make sure to watch the Max Keiser interview in the last clip.)

YouTube: Peter Schiff - warning economic collapse

Source: YouTube, October 15, 2008

Next, an interview with Marc Faber who remains bearish longer term, but foresees a strong near-term rally.

CNBC: Dr Doom - strong rebound coming
“If governments throw enough money at the system, a strong, near-term rally should happen, investor Marc Faber told CNBC. But if it fails to materialize, prepare for an unprecedented depression.”

Source: CNBC, November 21, 2008.

CNBC: Chartology - how much further to go?
“The Fast Money traders read the market charts. They’re joined by Louise Yamada, managing direct at Louise Yamada Technical Research Advisors.”

Source: CNBC, November 21, 2008.

MNSBC: Obama - “We need a big stimulus package”
“President-elect Barack Obama explains his plans for a second stimulus plan, the approach his economic team will take to fix the economy, and thoughts on a possible bailout for American automakers.”

Source: MSNBC, November 24, 2008.

The New York Times: Paulson on new moves in rescue plan
“CNBC coverage of opening remarks by Treasury Secretary Henry Paulson in a news conference describing new steps to ease credit markets.”

Click here for the article.

Source: The New York Times, November 25, 2008.

Bloomberg: Poole says Fed’s new programs may be counterproductive
“Former Federal Reserve Bank of St. Louis President William Poole talks with Bloomberg about the Fed’s plan to purchase $600 billion in debt issued or backed by government-chartered housing-finance companies. Joel Naroff, president of Naroff Economic Advisors, and Peter Cook, chief investment officer for Performance Trust Capital Partners, also speak.”

Source: Bloomberg, November 25, 2008.

CNBC: US to guarantee over $300 billion in Citi assets
“The US government has agreed to guarantee over $300 billion of Citigroup’s troubled assets. CNBC’s Charlie Gasparino and Steve Liesman deliver this breaking story.”

Source: CNBC, November 24, 2008.

Charlie Rose: A conversation with Vikram Pandit, CEO of Citigroup

Source: Charlie Rose, November, 2008.

Financial Times: 10-Year Treasury yield - another market milestone
“FT’s Aline van Duyn on the 10-year Treasury yield falling to its lowest level in fifty years.”

Click here for the article.

Source: Aline van Duyn, Financial Times, November 26, 2008.

Bloomberg: S&P gains most in four days since 1933

Click here for the article.

Source: Bloomberg, November 26, 2008.

Bloomberg: Jim Rogers sees dollar “devalued”, likes commodities
“Jim Rogers, chairman of Rogers Holdings, talks with Bloomberg about the future of the US dollar as an international reserve currency and the outlook for the commodities market.”

Click here for the report.

Source: Bloomberg, November 25, 2008.

Bloomberg: Marc Faber says gold is most precious asset

Source: Bloomberg, November 25, 2008.

YouTube: Max Keiser on bank nationalization

Source: YouTube, November 25, 2008.

 

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