SPECIAL CHINA ISSUE

  I am writing this from the back of a taxi in Hong Kong’s Central district. My meetings with assorted bankers, hedge fund managers, Taipans, and the press stretched on longer than expected, with the result that I am now stuck in rush hour traffic on the way to the airport. So I might as […]

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November 21, 2011 – Quote of the Day

“The asymmetric risk is more on the upside than on the downside because people are prepared for the downside,” said Lawrence Fink, CEO of Blackrock, a manager of $3.3 trillion in assets.

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Trade Alert Update- (FXE) November 18, 2011

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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Trade Alert – (FXE) November 18, 2011

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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“RISK OFF” Strikes Again

You would think that this was going to be a good day. Weekly jobless claims fell to 388,000, a new six month low. New permits for home construction in October were up 10.2%. The October CPI even fell by 0.1%. But the second that Spanish bond yields spiked, it was all over but the crying. […]

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Who Says There Aren’t Any Jobs?

While recently winging my way across the South Pacific, I spotted an unusual job offer: WANTED: Social worker, tax free salary of $60,000 with free accommodation and transportation, no experience necessary, must be flexible and self-sufficient. With the unemployment rate stuck at 9.1%, and running as high as 45% for recent college grads, I was […]

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Testimonial

I’ve been reading your blog for a while and found it a helpful beacon in a sea of confusing and contradictory information as I try and make sense of the world (and try and make money from sense!). Kind regards. Toby London, England

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November 18, 2011 – Quote of the Day

“We know things are upside down when we have an Italian central banker and a German pope. That’s not the way it is supposed to be,” said Steve Cortez of Veracruz Research.

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Sold Out! November 25 Portland Strategy Luncheon

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Lunch, which I will be conducting in Portland, Oregon at 12:00 noon on Friday, November 25, 2011, the day after Thanksgiving. A three-course lunch will be followed by a PowerPoint presentation and an extended question-and-answer period. I’ll be giving you my up-to-date […]

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Why Residential Real Estate Will Not Recover

One of the most frequently asked questions at my recent round of strategy luncheons, seminars, and keynote speaking engagements has been “Is it time to buy a home?” I responded with “No, no, a thousand times no,” and proceeded to rail off the countless reasons. My answer always piques listeners’ interest, as 67% of Americans […]

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Bottom Feeding in Real Estate

I was driving through a prominent San Francisco neighborhood last Sunday, looking for a McMansion open house. When I came to one key intersection there were more than a dozen signs directing me to competing offerings. What a joke. And the agent told me that market conditions were gradually improving! It looks like current and […]

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November 17, 2011 – Quote of the Day

“The problem is not the new ideas, it is escaping from the old ones,” said economist John Maynard Keynes

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What’s Up With Gold?

Have you ever held a basketball underwater in a swimming pool and let go? It flies to the upside and pops you in the nose. That is exactly what gold is doing now. After the barbarous relic peaked at $1,922 on August 24, it traded like an absolute pig, giving up 20% in a matter […]

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The Ultra Bull Case 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 are seeing is only […]

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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 remembers 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 […]

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