Featured Trades: (OBAMA’S BUDGET PLANS), (TBT) 3) Will Obama Pack the Federal Reserve Board with Doves? There is one decision which Obama has to render soon which no one seems to be focusing on. The president has to appoint three Federal Reserve governors to fill empty seats, the most since President Franklin D. Roosevelt faced [...]

Featured Trades: (JNK), (HYG), (PHB) 4) Bubble Rages in the Junk Bond Market. The junk bond market is entering positively bubblicious territory, tracking the upward ascent of stocks almost step for step. The high yield ETF’s (JNK), (HYG), (PHB) have now nearly doubled since I recommended them a year ago (click here for the call). [...]

'I can calculate the motions of heavenly bodies, but never the madness of crowds,' said Sir Isaac Newton, the inventor of calculus and discoverer of Newton's Laws, who lost his entire fortune in a 17th century investment scam called 'the south Sea Bubble.'

Featured Trades: (TIM IACONO), (GOLD) 1) Tim Iacono on Hedge Fund Radio. Tim Iacono, is a man who lives without stocks. He does this from a remote mountain top in rural Bend, Oregon, where he has the luxury of spending his days researching long term trends in the financial markets. Maybe it is the incessant [...]

Featured Trades: (COPPER) 2) The Party Continues in Copper. My expectation that copper prices would rocket in the wake of Chile’s massive 8.8 magnitude earthquake certainly came through in spades (click here for the call) No surprise that knocking out 27% of the world’s supply would take prices up 14% to $3.64/pound. While the mines [...]

Featured Trades: (PALL), (PPLT) 3) Recovering Car Market Delivers a Home Run for Palladium and Platinum. My bet that recovering demand for autos would spill over into the catalytic converter metals certainly was a home run. It was clear to me last fall that with the average age of America’s 240 million car fleet at [...]

'When the fools are dancing, the greater fools are watching,' according to an old Japanese proverb.

Featured Trades: (EEM), (VNM) 1) Demographics Point to No “V” Shaped Recovery in Real Estate. 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 [...]

Featured Trades: (EEM), (VNM) 2) Here is the World’s Worst Population Pyramid. Now look at the world’s worst population pyramid, that for Japan. These graphs show that a nearly perfect pyramid drove a miracle stock market during the fifties and sixties which I remember well, when Japan had your textbook high growth emerging market economy. [...]

Featured Trades: (EEM) 3) If Demographics is Destiny, Then America’s Outlook Sucks. Brace yourself. We are turning into Japan. As a silver tsunami of 80 million baby boomers retires, they will be followed by only 65 million from generation “X”. The intractable problems that unhappy Japan is facing will soon arrive at our shores. Boomers, [...]

Featured Trades: (VNM), (GE) 4) Vietnam Has the World’s Best Population Pyramid. Now that we have figured out that Vietnam is a great place to invest, take a look at the Van Eck Groups Vietnam Index Fund (VNM). The venture will invest in companies that get 50% or more of their earnings from that country, [...]

If the Dow Jones Industrial Average rises by 4.5% a year for the next 90 years, the index will reach 525,000 by 2100, a 53 fold return.

Featured Trades: (YEN), (YCS), (EURO/YEN) 1) The Yen is Setting Up for a Short, But Higher Up. ‘Oh, how I despise the yen, let me count the ways.’ I’m sure Shakespeare would have come up with a line of iambic pentameter similar to this if he were a foreign exchange trader. Those who followed me [...]

Featured Trades: (GLD), (VIX), (TBT), (TBF), (DRR), (FXB) 2) The Most Overcrowded Trades in the Market. The boutique New York stock broker, ConvergEx, produced a list of the five most over crowded trades in the market today. Here they are with my comments: 1) Long gold (GLD): when half of the late night TV advertising [...]