Press Esc to close

Welcome to Money Morning - Only the News You Can Profit From.

Close

How to Rent a Fortune

With a 37% gain in The Blackstone Group LP (NYSE: BX) since late July, we’ve done really well with our targeted investment in real estate.

And with very quick gains of 9% in Brazilian-food processor BRF SA (NYSE ADR: BRFS), 5.2% in South American agricultural play Adecoagro SA (NYSE: AGRO) and 1.6% in high-tech agribusiness player  Neogen Corp. (NasdaqGS: NEOG), we’re doing well with our plays on (pockets of) accelerating U.S. inflation.

Today we’re going to combine the two concepts and employ a very simple formula we believe will add to your profits…

  • Featured Story

    New Evidence Shows Ratings Agencies' Corruption Played Key Role in Subprime Crash

    Mounds upon mounds of corruption were at the root of the subprime financial crisis.

    Our hatred of the fat cat bankers who made millions off of predatory loans, and the lazy regulators, who did nothing about it and even enabled it, knows no bounds. Even more infuriating is the lack of consequences for what they did.

    But somehow, a key player has managed squeak by - until now. As a result of 2 major lawsuits, incriminating documents have been piling up that prove - without a doubt - that ratings agencies like Moody's and S&P played a *huge* part in the scam.

    Turns out that for years, Moody's and S&P have been "shameless tools for the banks, willing to give just about anything a high rating in exchange for cash."

    To continue reading, please click here...

    Read More...
  • credit crisis 2008

  • The Stage Has Been Set For Another Credit Crisis If you think yesterday's market action was something to worry about, you ain't seen nothing yet.

    President Barack Obama getting re-elected sets the stage for another credit crisis.

    When the president came into office in 2008 he had a mandate to fix the banking system, which consisted of too-big-to-fail banks holding America and its economy hostage to their greedy schemes.

    He swept that mandate under the door of Congress and the Federal Reserve.

    The president has no position on the big banks, and it seems he likes it that way.

    By lightening up on his already watered-down rhetoric about making banks toe the line, he got campaign money from them. So did Congressmen. That money came from the Federal Reserve.

    Now that the president has won a second term, he's not about to fight Congress over their pandering to the big banks, since he's got other things to fight with them over; rather, he's going to advocate a lite-touch going forward to allow banks to continue to strengthen their balance sheets so they can fuel an American recovery.

    It seems to be all happening under the cover of darkness. And, it's not going to work.

    To continue reading, please click here...

    Read More...