November 28, 2009 – The Mad Hedge Fund Trader Interviews Bill Fleckenstein about 2010 on Hedge Fund Radio

I have worshipped legendary hedge fund manager, Bill Fleckenstein, as the trading God that he is, for decades. So I thought it was time to catch up with the noted bear to get his take on the New Year. The sky high expectations for 2010 now endemic will disappoint, with the year ending substantially lower than we are now. In a stroke of genius, Fleck, as he is known to his … [Read more...]

November 25, 2009

Global Market Comments November 25, 2009 Featured Trades: (HEDGE FUND RADIO), (PLATINUM), (PGM), (PTM) 1) On Hedge Fund Radio this week I'll be interviewing the legendary hedge fund manager, Bill Fleckenstein, who will give us his 2010 view of stocks, bonds, commodities, currencies, and of course gold. 'Fleck' is a 25 year industry veteran holding almost as many … [Read more...]

November 24, 2009

Global Market Comments November 24, 2009 Featured Trades: (PCY), (LQD), (TM), (TM), (BEN BERNANKE) 1) I spent an evening chewing the fat with James Lentz, the president of Toyota Motor Sales, USA, (TM) who let loose some incredibly insightful views on the long term future of the global economy. I have been following Toyota for 35 years, hobnobbing with senior … [Read more...]

November 21, 2009 – The Mad Hedge Fund Trader Interviews Rick Renard of Millennium Metals on Hedge Fund Radio

This show features noted precious metal coin and bullion collector and dealer, Rick Renard, of Millennium Metals. Hedge Fund Radio is a weekly program featuring one-on-one interviews with the titans of the hedge fund industry. The show is hosted by legendary hedge fund manager John Thomas, one of the most seasoned players in the industry. It is broadcast live on station KGOL … [Read more...]

November 20, 2009

Global Market Comments November 20, 2009 Featured Trades: (LUMBER), (TBT), (ZIMBABWEAN DOLLARS), (GOLD), (SILVER) (HEDGE FUND RADIO) 1) Sometimes I think I'm the only guy who follows lumber futures. But they are a great 'tell' on the direction of wide swaths of the economy. Today, I'm not alone. Chart watchers have gone apoplectic because they think the five year … [Read more...]

November 19, 2009

Global Market Comments November 19, 2009 SPECIAL BOND MARKET ISSUE Featured Trades: (EUROPE), (JGB), (JNK), (PHB), (HYG) 1) The US is turning into Europe. Think backbreaking taxes, chronic high unemployment, government involvement in everything, less innovation, and much lower growth, in exchange for a social safety net, more debt, and better coffee. That is the … [Read more...]

November 18, 2009

Global Market Comments November 18, 2009 Featured Trades: (CALIFORNIA DEMOCRACY ACT OF 2010), (VCV), (NCP), (NVX), (LITHIUM), (SQM), (CVX), (BIOFUEL), (XOM)   1) I finished my indoctrination on how to overthrow the government last weekend. Specifically, I attended a grass roots meeting of activists in Berkeley, California planning to collect 450,000 signatures … [Read more...]

November 17, 2009

Global Market Comments November 17, 2009 Featured Trades: (BAC), (GOLD) 1) I don't care how many times you ask me, I'm not going to replace Ken Lewis as the new CEO of the Bank of America (BAC). I will not accept if nominated and  I will not serve if elected (sorry General Sherman). Sure, it would look great on my resume, I'd get invited to all … [Read more...]

November 16, 2009

Global Market Comments November 16, 2009 SPECIAL CHINA ISSUE Featured Trades: (FXI), (DBC), (DYY), (DBA), (PHO), (BYDDF), (BIDU), (SOHU), (NTES), (SINA) 1) I have long sat beside the table of Mckinsey & Co., the best management consulting company in Asia, hoping to catch some crumbs of wisdom. So I jumped at the chance to have breakfast with Shanghai … [Read more...]

November 13, 2009

Global Market Comments November 13, 2009 GLOBAL RISK CONTROL ALERT! Featured Trades: (SPX), (RWR), (FRI), (VNQ), (COMMERCIAL REAL ESTATE) 1) If I've told you once, I've told you a thousand times, stay out of those crummy neighborhoods, where the street corners are crowded with high priced stocks of dubious moral character wearing stiletto heels, fishnet … [Read more...]

November 12, 2009

Global Market Comments November 12, 2009 Featured Trades: (SUPER FREAKANOMICS), (BERLIN WALL) 2) I spent a delightfully entertaining evening with University of Chicago economics professor Steven Levitz and journalist Stephen Dubner, authors of the wildly popular Freakanomics, and the just released 'frequel' Super Freakanomics. I love these … [Read more...]

November 11, 2009

Global Market Comments November 11, 2009 Featured Trades: (VETERANS DAY) 1) There's a short letter today. I'll be putting on my tattered and faded Marine Corps desert camos, pinning on my captain's bars, and attaching my Purple Heart, Southwest Asia Service Medal, decorations from the Kuwaiti and Saudi governments, and my good conduct medal, all earned … [Read more...]

November 10, 2009

Global Market Comments November 10, 2009 SPECIAL PAUL TUDOR JONES ISSUE Featured Trades: (GOLD), (EEM), (TAIWAN), (EWT), (TBT) 1) I have worshipped at the altar of  the legendary Paul Tudor Jones for the past 25 years, since he was a client of mine at Morgan Stanley. A once savvy, boy cotton trader from the South, I rate him as the best natural talent in the industry. … [Read more...]

November 9, 2009

Global Market Comments November 9, 2009 Featured Trades: (OCTOBER NONFARM PAYROLL), (TRADE SCHOOL), (RESIDENTIAL REAL ESTATE) 1) Ouch! Another 190,000 jobs went down the crapper in October, taking unemployment rate to a new 27 year high of 10.2%. Add in discouraged job seekers, and that puts the jobless rate at gut churning 17.5%, and over 20% in … [Read more...]

November 6, 2009

Global Market Comments November 6, 2009 SPECIAL DEMOGRAPHIC ISSUE Featured Trades: (EEM), (VNM) 1) Desperate homeowners counting on a 'V' shaped recovery in residential real estate prices to bail them out better first take a close look at global demographic data, which tells us there will be no recovery at all. I have been using the US Census … [Read more...]

November 5, 2009

Global Market Comments November 5, 2009 Featured Trades: (FCX), (BIDU), (FXC), (USO), (BERNIE MADOFF), (IAN BREMMER) 1) I almost stepped on a rattlesnake last night. I finish up most days slinging on a 60 pound pack and clocking 1,000 feet of climb on nearby Mount Diablo. But since my days drag on as I search for more illustrative charts or that elusive statistic, I … [Read more...]

November 4, 2009

Global Market Comments November 4, 2009 Featured Trades: (GOLD), (BRK/A), (BNI), (UNP), (CSX), (KCSR), (OBAMA), (HEDGE FUNDS) 1) News broke this morning that, out of the blue, the Reserve Bank of India bought 200 metric tonnes of gold from the IMF for a handy $6.8 billion. The news set the gold market on fire, boosting the December futures $40 to an all time high of … [Read more...]

November 3, 2009

Global Market Comments November 3, 2009 SPECIAL 'END OF JAPAN' ISSUE Featured Trades: (NIKKEI), (YEN), (JGB), (ATLANTIS JAPAN GROWTH FUND), (LSE-AJG) 1)  Having spent a decade living in Japan sharing shoe box sized apartments, living on fish heads, rice, and instant ramen, I am something of an authority on that enchanting country. I spent the seventies toiling … [Read more...]