Taipan Investor Financial

Taipan Covers the Investment World in Stocks, Options, Forex, Commodities

Today is Thursday, November 20th, 2008

Archive for taipan

Taipan is a retired commodity broker, forex trader and portfolio manager who enjoys following the forex, stock, and commodities markets and drawing upon his 40 years or so of trading experience to post articles to a series of blogs. While Taipan is not always right with his forecasts he usually offers some interesting insights into markets. Actually if he weren't so modest he would tell you that in the big strategic picture he is almost always right. Taipan is very distrustful of statements made by stock brokers, stock analysis, so called forex experts, and in general talking heads. The investor who thinks that the playing field is level and that he can depend upon MSNBC and CNN for inside trading information has got to be at least a little nuts. If you want to trade well you had better develop your own style and your own sources of reliable information. This blog will attempt to provide market trading information that will be helpful. However, always keep in mind that any decisions made to trade using this information are your sole responsibility. Taipan has been around long enough to know that the markets can make a fool out of anyone so never blindly follow what someone else suggests. To trade well you have to think well and the thoughts need to be your own.

US Fed and Treasury Put Wall Street on Notice

The financial media and Wall Street insiders have already dubbed it “Black Sunday”, and with good reason.

After a full weekend of emergency meetings meeting between Federal Reserve, US Treasury, and financial industry big shots the fourth largest investment bank in America, the 158 year old Lehman , was left to its own devices. The US government finally drew that line in the sand. No bailout for Lehman. This morning Lehman filed for chapter 11 bankruptcy.

This is a preview of US Fed and Treasury Put Wall Street on Notice. Read the full post (539 words, 0 images, estimated 2:09 mins reading time)

15Sep2008 | taipan | 0 comments | Continued

Fannie and Freddie to be Taken Over by Feds: Reports

After the usual BS assurances by federal officials and top management at the twins of doom that Freddie Mac and Fannie Mae had sufficient operating capital reports surfaced late Friday that the day of reckoning was near. Freddie and Fannie may be taken over by the Federal Government as soon as this weekend.

The take over would be the largest financial bailout in America’s history and probably pretty much wipe out the common stock shareholders. The take over would add about six trillion dollars to the federal debt, not a very reassuring figure. In fact it may well bring into question the very credit worthiness of the United States government and add to the cost of all government attempts to raise money in the future.

This is a preview of Fannie and Freddie to be Taken Over by Feds: Reports. Read the full post (263 words, 0 images, estimated 1:03 mins reading time)

6Sep2008 | taipan | 0 comments | Continued

Extreme Challenges May Destroy Next President’s Agenda

When one looks at the enormity of the extreme challenges that the next President of the United States will face one has to question the sanity of John McCain and Barack Obama. It is highly likely that during the next term severe consequences will take place as a result of the misdeeds, misjudgements, incompetence, fraud, and in some cases inaction on the part of the Bush administration.

This is a preview of Extreme Challenges May Destroy Next President’s Agenda. Read the full post (1320 words, 0 images, estimated 5:17 mins reading time)

2Aug2008 | taipan | 0 comments | Continued

Obama Change in Tactics May Prove Fatal

Barack Obama, once the darling can do no wrong presidential candidate of the media, seems to be on a slippery downward slope since his highly publicized foreign tour to the Mid East, Iraq, Afghanistan, and Europe.

“Barack Obama has long been his party’s presumptive nominee. Now he’s becoming its presumptuous nominee,” wrote Dana Milbank, a columnist for the Washington Post.

“As he marches towards Inauguration Day (Election Day is but a milestone on that path) Obama’s biggest challenger may not be Republican John McCain but his own hubris.”

This is a preview of Obama Change in Tactics May Prove Fatal. Read the full post (534 words, 0 images, estimated 2:08 mins reading time)

31Jul2008 | taipan | 0 comments | Continued

Fannie Mae and Freddie Mac Shares on Their Way to Zero

Fannie Mae and Freddie Mac made the giant crazy sized long running American real estate bubble all possible. Released by congress from capital-ratio requirements and backed with a line of credit at the Treasury, they were able to buy a nearly unlimited amount of mortgages, which kept home mortgage financing flowing to a lot of people who had no ability to repay the mortgages. Today, Freddie or Fannie finance more than 80% of all new mortgages in the United States.

This is a preview of Fannie Mae and Freddie Mac Shares on Their Way to Zero. Read the full post (1413 words, 0 images, estimated 5:39 mins reading time)

22Jul2008 | taipan | 0 comments | Continued

Jim Rogers on Fannie Mae Freddie Mac Bailout

The legendary investor, Jim Rogers, had a few hot words to say about the Fannie Mae - Freddie Mac rescue plan announced by Ben Bernanke and Hank Paulson over the weekend.

“I don’t know where these guys get the audacity to take our money, taxpayer money, and buy stock in Fannie Mae,” said Jim Rogers from his new home in Singapore in a Bloomberg interview . “So we’re going to bail out everybody else in the world. And it ruins the Federal Reserve’s balance sheet and it makes the dollar more vulnerable and it increases inflation.

This is a preview of Jim Rogers on Fannie Mae Freddie Mac Bailout. Read the full post (365 words, 0 images, estimated 1:28 mins reading time)

14Jul2008 | taipan | 0 comments | Continued