Risk Reduction Alert

For those who wisely ignored my advice to sell the SPDR Gold Trust Shares ETF (GLD) June $160 Puts on May 3, good for you. The options are now trading at $10.50 and you have a profit of 147%, adding 14.7% to your annual return. This will no doubt be your home run trade of […]

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A Conversation With Charles Nenner

  I managed to catch my longtime friend, technical analyst, Charles Nenner, on the fly between London appointments yesterday. The must go to guy for big hedge funds, family offices, sovereign wealth funds, and high net worth individuals, says that the global markets are on the verge of completing round one of a major risk […]

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May 17, 2012 – Quote of the Day

“For every one book written about deflation there are 25 written about inflation. We are starting to look more like Japan every day,” said Scott Shellady at Bradford Capital Management.

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Trade Alert – (GLD) May 16, 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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Charts Are Breaking Down All Over

They say a picture is worth a 1,000 words, so here are 4,000 words worth. My friends at www.stockcharts.com put together this series of charts establishing beyond any reasonable doubt that the “RISK ON” trade is breaking down across all asset classes. Everything is breaking down, simultaneously and in unison, including the S&P 500 (SPX), […]

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The Energy Revolution on Our Doorstep

A major plank in my golden age scenario for the 2020’s is the collapse of the cost of energy. This won’t occur because of a single big discovery, but from a 1,000 small ones that aggregate together to create a leveraged effect. The upshot is that we may be free of OPEC in 3-5 years, […]

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May 16, 2012 – Quote of the Day

“The reasonable man adapts himself to the world. The unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man” said George Bernard Shaw, an early 20th century writer and philosopher.

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Trade Alert – (IWM) May 15, 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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Strong Dollar Spells Death for Commodities

Panic is on deck, to use the baseball terminology that my foreign readers are often attempting to decipher. That is the only conclusion one can reach after getting gob smacked by the price action this morning. Copper got spanked for eight cents, oil burned $2, gold shed another $26, and silver puked 70 cents. The […]

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ETF Scam of the Week

When I heard that the managers of exchange traded funds were raking in huge fees from lending out shares in their index portfolios I thought “That’s great, the managers are really working hard to maximize returns for their shareholders.” These shares are borrowed by hedge funds which then then sell short. Then I found out […]

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The Zhanjiang Kids Organization

I follow a broad range of unconventional, but highly useful leading economic indicators that gives me a decisive edge when predicting the future direction of global financial markets. One of them has started flashing a warning sign. I fund an orphanage in remote Zhanjiang, in China’s southern Guangdong province near Hainan Island called The Zhanjiang […]

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May 15, 2012 – Quote of the Day

“I view Euro as a doomsday machine,” said a European economics professor.

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The Tip of the Iceberg

JP Morgan (JPM) just gave us the preview of the next financial crisis. A surprise, hidden $2 billion trading loss in esoteric foreign derivatives at on offshore branch by America’s premier bank is exactly what the markets did not want to hear right now. The London whale has beached itself. Although no one has mentioned […]

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May 14, 2012 – Quote of the Day

“Republicans and Democrats won’t engage in any kind of austerity because there is no consequence for the fiscal profligacy they are allowing today. With the Fed taking 60% of the Treasury’s bond issuance they are pulling the policeman off of the freeway so everyone can keep speeding. Until the bond market moves, you are not […]

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Special Note to Australian Readers

Readers of the Diary of a Mad Hedge Fund Trader down under are welcome to join the online “Secure the Future” conference which I will be participating in through the miracle of the Internet. My friend, Greg Owen, created this organization to educate investors in the opportunities available in international markets by bringing in industry […]

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