How U.S. Job Losses Will End

I was researching comparative Asian wage data the other day and was astounded with what I found. Textile workers earn $2.99 an hour in India (PIN), $1.84 in China (FXI), and $0.49 in Vietnam (VNM). This is an 18-fold increase in labor costs from $0.10 an-hour since Chinese industrialization launched in 1978. This compares to […]

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Options for the Beginner

I strongly urge readers of this letter to log on to Amazon and buy a copy of Options for the Beginner and Beyond by W. Edward Olmstead. Options contracts offer investors a wonderful instrument for minimizing risk, while maximizing the upside, and I am going to recommend many more such strategies in the future. So, […]

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August 27, 2012 — Quote of the Day

“There’s been a lot of lost face in asset allocation over the past five years. Who would have thought that government bond yields could have gone so low?” said Michael Turner, a strategist at Aberdeen Asset Management.      

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Trade Alert – (GLD) August 24, 2012

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.

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Don’t Miss the August 29 Global Strategy Webinar

My next global strategy webinar will be held on Wednesday, August 29 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 […]

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The “Safe” Trade Beats All

I certainly hope you took my advice to load your portfolio with corn and gold and to dump your equities five years ago. What? You didn’t? Then you have almost certainly suffered on the performance front. According to data compiled by my former employer, the Financial Times, corn was the top performing asset class since […]

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BHP Cut Bodes Ill for the Global Economy

The decision by BHP Billiton, one of the world’s largest producers of copper, to postpone its planned $20 billion expansion of its Olympic Dam mine is sounding alarms about the near term state of the global economy. It is telling us that China is slowing faster than we thought, that demand for base metals is […]

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August 24, 2012 – Quote of the Day

“Right now, our politics are holding us back. It’s like being the children of permanently divorcing parents. The political environment is a real downer for a lot of people, and their holding back,” said New York Times columnist, Tom Friedman, author of the book, That Used To Be US.

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Trade Alert – (GLD) August 23, 2012

As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.

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Reach for Yield With Sovereign Debt

During my recent meeting with the senior portfolio managers of the big Swiss banks, I kept hearing the same word over and over: yield, yield, yield! The search for yield by end investors has become so overwhelming that it now trumps all other considerations. So I am starting a series of major pieces on the […]

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Why I Love/Hate the Oil Companies

With oil (USO) getting ready to take a run at $100 a barrel once again, the first thing I do when I get up every morning is to curse the oil companies as the blood sucking scourges of modern civilization. I then fall down on my knees and thank goodness that we have the oil […]

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August 23, 2012 – Quote of the Day

“Today, 20% of enterprises are using Apple computers on their desktop. For the first time in 30 years, for developers, it is Apple first, not Apple second. This fundamentally changes our investment thesis,” said Ann Winblad of Winblad Hummer Venture Partners.

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Gold Surge Pushes Trade Alert Service to New All Time High

Global Trading Dispatch’s Trade Alert Service posted a new all-time high yesterday, clocking a 52.8% return since inception. The 2012 YTD return is now at 12.62%. That takes the average annualized return up to 30.2%, ranking it among the top performing hedge funds in the world. Those happy subscribers who bought my service on May […]

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Hedge Funds: The New Dumb Money

Much of the fury in this morning’s nearly 60 point “melt up” opening in the Dow was generated by hedge funds panicking to cover shorts. Convinced of the imminent collapse of Europe, the impotence of governments, and the death spiral in sovereign bonds, many managers were running a maximum short position at the opening, and […]

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August 22, 2012 – Quote of the Day

“Rock stars get room keys. I get business cards,” said New York Times columnist, Tom Friedman, and author of the book, That Used To Be US.

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