Featured Trades: (FXJ), (YCS) Currency Shares Japanese Yen Trust ETF ProSharesUltraShort Yen ETF 2) Why the World’s Worst Economy Has the Strongest Currency. Global currency traders remain puzzled by the continuing strength of the yen (FXY), (YCS), which broke out of a ¥90- ¥95 range a few weeks ago and insists on levitating around the [...]

'America has become a second rate power. It's fiscal and trade deficits are at nightmare proportions. In the days of the free market when our country was a top industrial power, there was accountability to the stockholder. The Carnegies, the Mellons, and the men who built this great empire made sure of it because it [...]

Featured Trades: (MARGIN CALL) 1) Hollywood Cashes in on Wall Street's Troubles. I have done many things in my life: hedge fund manager, pilot, cowboy, journalist, stock broker, mountain climber, translator, guide, etc, etc. etc. Now add technical consultant to Hollywood to the list. According to the New York Times, Simon Baker, star of the [...]

Featured Trades: (SPX) S&P 500 SPDR’s ETF 2) Why I’m Not Buying the US Stock Rally. Tempt me all you want, you seductive vixen, but I’m not buying into last week’s 6% rally in the US stock market. You can whisper sweet nothings into my ear all you want about the trillions of dollars sitting [...]

Featured Trades: (GOLD), (GLD) SPDR Gold Trust Shares ETF 3) The Ultra Bull Argument for Gold. I am constantly barraged with emails from gold bugs who passionately argue that their beloved metal is trading at a tiny fraction of its true value, and that the barbaric relic is really worth $5,000, $10,000, or even $50,000 [...]

Featured Trades: (ROB) Claymore/Robb Report Global Luxury Index ETF 4) How to Become One of the Rich Who Are Getting Richer. One of the great certainties in our economy is that the rich are getting richer, no matter who is running the country. Despite the worst business conditions in 80 years, there was a 17% [...]

‘I don’t think the solution for Europe is going to end up being determined in the board rooms or the finance ministries of the EMU. I think it’s going to be on the streets of Athens, Lisbon, Madrid, and elsewhere,’ said former Federal Reserve Chairman Alan Greenspan.

ANOTHER SPECIAL CHINA ISSUE Featured Trades: (USO), (VALE), (BTU), (FCX), (CAT), (FXI), (EWA), (EWC), (FXA), (FXC), (CORN), (SOYB), (WEAT) Currency Shares Canadian Dollar Trust ETF Currency Shares Australia Dollar Trust ETF Australia iShares ETF Canada iShares ETF iShares FTSE/Xinhua China 25 ETF   1) How China’s Economy is Already Bigger Than the US. China has [...]

ANOTHER SPECIAL CHINA ISSUE 2) Who’s Been Buying All Those Japanese Bonds? International bond and foreign currency markets were stunned last week when figures were released showing that the Chinese had bought record amounts of Japanese government bonds in May. The move was no doubt the impetus behind the big rally that took Japanese ten [...]

ANOTHER SPECIAL CHINA ISSUE Featured Trades: (SOYBEANS), (SOYBEAN MEAL), (CORN), (WEAT), (SOYB) Teucrium Agricultural Trust Corn Fund Teucrium Agricultural Trust Soybean Fund Teucrium Agricultural Trust Wheat Fund 3) The Grains Take Off. It turns out that perfection doesn’t continue forever, after all. That was the bet I was more than happy to make three weeks [...]

'We in the business of trying to judge risk significantly underestimated the extreme tail risk, the so called risk involved in very low probability events and what the consequences would be should they happen,' said former Federal Reserve Chairman Alan Greenspan.

Featured Trades: (JAPAN), (EWJ), (NIKKEI) Japan iShares ETF 1) Why I Still Hate Japan. Like watching an old friend who fell from the high life as a special bracket investment banker to a stumbling drunk, I can’t help but pity Japan’s beleaguered stock investors. Since peaking in 1989 at 39,800, they have been mired in [...]

Featured Trades: (AUTO SALES), (NISSAN), (NSANY), (HONDA), (HMC)   2) My Personal Leading Economic Indicator.  I just flew over one of my favorite leading economic indicators. Honda (HMC) and Nissan (NSANY) import millions of cars each year through their Benicia, California facilities, where they are loaded on to hundreds of rail cars for shipment to [...]

Featured Trades: (DEMOGRAPHICS) 3) Kids Aren't Worth What They Used to Be. Until the 19th century, children used to provide income and security for their parents as they worked on the family farm. That dynamic continued when industrialization brought families into the cities and kids into the factories. Since then, children have been a great [...]

'Capital investment is to a surprisingly large extend driven by stock prices,' said former Federal Reserve Chairman Alan Greenspan.