Don’t Miss the June 20 Global Strategy Webinar

My next global strategy webinar will be held on Wednesday, June 20 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, the most expensive to sell short, and the appropriate […]

Read full story Comments are closed

June 15, 2012 – Quote of the Day

“This is not 2008 or 2009. People are getting overblown with this hysteria. We are only 10% off the highs and have only given back gains. It’s like your wife may have been expecting diamond earrings and now she got a blender,” said Alan Knuckman, chief trading advisor at onestopoption.com.

Read full story Comments are closed

Trade Alert – (SPY) June 14, 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.

Read full story Comments are closed

Trade Alert – (FXY) June 14, 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.

Read full story Comments are closed

Trade Alert – (DIS) June 14, 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.

Read full story Comments are closed

The Nationalization of the Bond Market

I was as stunned as anyone when the yield on the ten year Treasury bond (TLT), (TBT) plummeted to 1.42% two weeks ago. Predictions that long dated government paper would reach subterranean Japanese levels, considered loony as recently as a few months ago, are now donning the mantle of respectability, and even plausibility. Where will […]

Read full story Comments are closed

Revisiting the First Silver Bubble

With smoke still rising from the ruins of the recent silver crash, I thought I’d touch base with a wizened and grizzled old veteran who still remembered the last time a bubble popped for the white metal. That would be Mike Robertson, who runs Robertson Wealth Management, one of the largest and most successful registered […]

Read full story Comments are closed

June 14, 2012 – Quote of the Day

“For Europe to be competitive, to reflect the seizing up of the economy, you need a Euro that is at par or lower,” said John Brynjolfson, managing director of hedge fund Armored Wolf

Read full story Comments are closed

June 13, 2012 – Quote of the Day

“To get rich is glorious!” said Deng Xiaoping, the Chinese general who launched the country’s modern economy in the seventies.

Read full story Comments are closed

How to Avoid Ponzi Schemes

I spent a sad and depressing, but highly instructional evening with Dr. Stephen Greenspan, who lost most of his personal fortune with Bernie Madoff. The University of Connecticut psychology professor poured the bulk of his savings into Sandra Mansky’s Tremont feeder fund; receiving convincing trade confirms and rock solid custody statements from the Bank of […]

Read full story Comments are closed

Shenanigans in Switzerland

Since I am an avid collector of investment scam stories, I’ve got to update you on what’s been coming out of Switzerland. Two Japanese nationals were caught smuggling $134 billion in US Treasury bonds from Switzerland to Italy in a false bottom suitcase. No, that is not a typo, that is “b” for billion. The […]

Read full story Comments are closed

An Evening With Bill Gates, Sr

I had a chat with Bill Gates, Sr. last night, co-chairman of the Bill and Melinda Gates Foundation, the world’s largest private philanthropic organization. There, a staff of 800 help him manage $30 billion. The foundation will give away $3.1 billion this year, a 10% increase over last year. Some $1.5 billion will go to […]

Read full story Comments are closed

June 12, 2012 – Quote of the Day

“At some point in 2012, knuckles are going to be turning white, and we’ll see whatever rabbits Ben Bernanke is going to have to pull out of his hat”, said David Rosenberg of Gluskin, Sheff in Associates

Read full story Comments are closed

The One Bright Spot in Real Estate

After my regular 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 […]

Read full story Comments are closed

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 an ounce (GLD). They claim the move in the yellow metal we saw in recent years […]

Read full story Comments are closed