The next global strategy webinar will be held on Wednesday, May 9 at 12:00 noon EST. I’ll be giving you my updated outlook on stocks, bonds, commodities, currencies, precious metal, and real estate. The goal is to find the cheapest assets in the world to buy and the most expensive to sell short and what [...]

With Treasury Secretary, Tim Geithner, in Beijing last week kowtowing to the largest foreign owner of our national debt, the prospect of the dollar’s demise as a reserve currency has once again reared its ugly head. Will people pleeease stop incessantly nattering about the possibility of China dropping the dollar as a reserve currency? What [...]

After my entertaining repast with the head of our nation’s intelligence service, I had to ask myself this question. During the sixties, new dwarf varieties, irrigation, fertilizer, and heavy duty pesticides tripled crop yields, unleashing a green revolution. But guess what? The world population has doubled from 3.5 to 7 billion since then, eating up [...]

The original purpose of this letter was to build a database of ideas to draw on in the management of my hedge fund. When a certain trade comes into play, I merely type in the symbol, name, currency, or commodity into the search box, and the entire fundamental argument in favor of that position pops [...]

In order to enjoy your coming weekend, I thought you’d like a technical update of your positions, so feast your eyes on the two charts below. They say that a picture is worth a thousand words, so here is 2,000 words worth. If you have been negative on bonds as I have, these charts should [...]

Hey! You there, staring at this monitor. This is your PC talking to you. No, not you over there standing in the background. I’m talking to the guy sitting in front of me poking at my keys. Ouch! That one hurt! So you thought no one was watching, did you? Let me straighten you out. [...]