Don’t Miss the August 1 Global Strategy Webinar

My next global strategy webinar will be held on Wednesday, August 1 at 12:00 noon EST. This webinar will be broadcast live from Zermatt, Switzerland, provided that the higher Alps don’t block my Wi-Fi signal. I’ll be giving you my updated outlook on stocks, bonds, commodities, currencies, precious metal, and real estate. The goal is […]

Read full story Comments are closed

Why Ben Bernanke Hates Me

I don’t just think he hates me. He truly despises me. In fact, he does everything he can to put me out of business. Take next week, for example, when the Federal Reserve Open Market Committee meets, and he will attempt to give my views and me a complete thrashing. I doubt he’ll launch a […]

Read full story Comments are closed

Report From Paris

The full force of soaring oil prices really hit home when I arrived in Paris yesterday. As we passed a gas station, I mentioned to the driver that I didn’t know that they sold gas by the gallon in France. He answered that they didn’t. Those were the prices in liters I was seeing. He […]

Read full story Comments are closed

July 27, 2012 – Quote of the Day

“Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate,” said Andrew W. Mellon, President Herbert Hoover’s Secretary of the Treasury. The Republicans did not win a presidential election for 20 years after that comment.

Read full story Comments are closed

Trade Alert – (FXY) July 26, 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 – (TLT) July 26, 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

Apple Just Gave You a Gift

Steve Jobs’ creation dropped a real bombshell on the market Tuesday when it announced Q2, 2012 earnings that were rotten to the core. The timing could not have been worse for a market that was on the verge of complete nervous breakdown. Of the 53 brokers who provided research coverage of the Mountain View, California […]

Read full story Comments are closed

Report From London, Part III

The city is now the most crowded that it has been at any time since WWII. Most hotels have tripled their rates, forcing traveling students on a budget to sleep in doorways and under bridges everywhere.  My usual abode here, The Naval Officers Club near Piccadilly, honored their regular price since I have been such […]

Read full story Comments are closed

My Visit to Obama’s House

During my recent quick run through Chicago, I stopped by Obama’s house on Greenwood Avenue and 50th street in up and coming Hyde Park to say hello. I was thwarted by two concrete crash barriers, 16 cop cars, and army of elderly Chicago police happily pulling overtime. Shifty looking characters wearing long overcoats and sprouting […]

Read full story Comments are closed

June 26, 2012 – Quote of the Day

“ The modern Olympic Games are orgies of lachrymose nationalism. War by other means, warrior-athletes, watched by men in suits and uniforms….rogue California chemists running their eye popping, vein-clustered, vest stripping robots against degendered state laboratory freaks,” said author, Ian Sinclair, and outspoken critic of the Olympics.

Read full story Comments are closed

Farewell to Barton Biggs

It is with a great sense of sorrow that I learned of the passing of industry legend, Barton Biggs. He was 79. I was speaking to him only a few weeks ago when I passed through New York for my strategy seminar, attempting to decipher the medium term trends for these fractious and conflicting markets. […]

Read full story Comments are closed

US Earnings Are Headed Down the Drain

Remember the $2 trillion US corporate cash mountain that you have heard so much about? Well, it is finally starting to shrink. Have they started reinvesting profits in America? Are they hiring more people? Did they finally get those tax breaks they were begging for? Have they dramatically increased dividends and share buy backs or […]

Read full story Comments are closed

Report From London, Part II

I write this to you from my double suite on the Orient Express crossing the Swiss Alps. My manservant, Charles, is off fetching a cup of tea and steam pressing my white dinner jacket for tonight’s formal dinner. My first night at the Naval & Military Club in London, a group of British Army officers […]

Read full story Comments are closed

July 25, 2012 – Quote of the Day

“The biggest mistake you can make in a bear market is to cover your shorts too soon” he said.

Read full story Comments are closed

How the Fed Will Trigger the Next Crash

Over the last two months, I have witnessed one of the least convincing rallies in the US stock market in recent memory. Looking at the chart for the S&P 500 below you can clearly see a modest, low conviction, declining volume rally in an ever-narrowing channel. This is further confirmed by the chart of the […]

Read full story Comments are closed