Ian Wyatt

Yesterday, ratings agency Moody’s downgraded Greek debt four levels to non-investment grade or “junk” status yesterday. The downgrade triggered a late slide for stock prices and what started as… Read more

While I would love to tell you that I’m bullish on stocks, the fact is that we remain in a secular bear market. For this reason,… Read more

Federal Reserve Chairman Ben Bernanke recently expressed some confusion about increases in gold prices.

According to a recent story in The Wall Street Journal, Bernanke said, “I don’t fully understand… Read more

Today I’m going to blow the lid clean off of what I consider to be the biggest tar-pit for individual investors in the market today.

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I spent much of last week telling Daily Profit that oil prices were set to rally. Oil prices found a bottom on Tuesday June 8 at $70 a… Read more

After yesterday’s bullish close, I was hoping that we might see something that’s been extremely rare lately: two consecutive up days.

The… Read more

What are the ramifications of "debt explosion" in the Western world today?  That’s the question that Niall Ferguson, Harvard Professor of History and Business Administration sought to answer recently.
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Yesterday I wrote about the prospect of the U.S. Federal Government seizing or outlawing the private ownership of gold bullion.

In… Read more

At this point, BP has lost around $100 billion in market capitalization. Yet even the wildest estimates for the cost of the Gulf of Mexico spill are far below… Read more