My next global strategy webinar will be held on Wednesday, August 15 at 12:00 noon EST. This webinar will be broadcast from back home in San Francisco, so everything should work. 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 [...]

When the Dow crashed 514 points on August 8, 2010, the market lost a staggering $850 billion in market capitalization. High frequency traders were possibly responsible for half of this move, but generated a mere $65 million in profits, some 7/1,000’s of a percent of the total loss. Are market authorities and regulators being penny [...]

“My feeling is that the bond market is grossly overvalued. We’re going to have 2%, 3%, 4% inflation. That’s what Bernanke is really saying. If we are going to have interest rates at zero for two years, that is actually going to push inflation up higher,” said professor Jeremy Siegel of the Wharton School of [...]

Europe has a big problem. No, it is not the continuing sovereign debt crisis, the lack of leadership, or the possible departure of up to a quarter of its membership, although these are all major worries.  Nor is it the Euro, the currency that everyone loves that has been declining for the last two years. [...]

I often get accused by readers of being a dinosaur, of being insensitive to the feelings of others, and of living as a relic from a previous age. Well, you all may be right. So it is with some amusement I run a piece that I have lifted from my friend, Dennis Gartman’s, The Gartman [...]

After my weekly dump on residential real estate, I feel obliged to reveal one corner of this beleaguered market that might actually make sense. By 2050 the population of California will soar from 37 million to 50 million, and that of the US from 300 million to 400 million, according to data released by the [...]