Goodbye Steve Jobs, Hello Dividend?

Analysts continue to be stunned by the rate at which cash is rolling into Apple (AAPL). At current cash flows, the company’s hoard is expected to grow from $96.7 billion to $130 billion by next June, an increase of nearly $220 million a day! So far, the company has resisted every entreaty to part with […]

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January 26, 2012 – Quote of the Day

“Oh wow, Oh wow, Oh wow!” Were the last words of Apple founder, Steve Jobs.

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The Benefit of the Doubt Market

It is already January 24, and the S&P 500 has seen a grand total of two down days so far in 2012. Are we on the eve of one of the great bull markets of all time? Is it off to the races once again? I follow dozens of fundamental and trading research services and […]

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The Resurrection of Peak Oil

It has been a long wait for ‘peak oilers,’ whose passionate belief is that the world will run out of oil in coming years, sending prices through the roof. This splinter religion came into being in 1956 when M. King Hubbert produced some simple supply/demand charts showing that US reserves of Texas tea would dry […]

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January 25, 2012 – Quote of the Day

‘He who lives upon hope will die fasting,’ said Benjamin Franklin.

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Sold Out! Las Vegas January 27, 2012 Strategy Luncheon

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Las Vegas at 12:00 noon on Friday, January 27, 2012. 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 […]

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Watch International Savings Rates for Market Cues

Often while searching for a piece of data through Google, I stumble across something else which is far more interesting. That is how I found the table below of international savings rates. Why should you care? Because countries with high savings rates tend to have strong economies and great stock markets, since there is plenty […]

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The Population Boom

In their century long coverage of exotic places, cultures, and practices, National Geographic Magazine inadvertently sheds light on broad global trends that deeply affect the rest of us. Plus, the pictures are great. A recent issue celebrated the approach of the world’s population to 7 billion, and the implications therein. Long time readers of this […]

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Why Water Will Soon Become More Valuable Than Oil

If you think that the upcoming energy shortage is going to be bad, it will pale in comparison to the next water crisis. So investment in fresh water infrastructure is going to be a great recurring long term investment theme. One theory about the endless wars in the Middle East since 1918 is that they […]

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Who Expensive Oil Hurts the Most

Every time the price of oil spikes, we learn vast amounts of information about the global reach of this indispensable commodity. It’s like taking a non-core elective in geology at college. So I was fascinated when I found the chart of relative sector winners and losers below. No surprise that energy does best from sky […]

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January 24, 2012 – Quote of the Day

“Apple will never be a consumer products company,” said John Sculley, the Apple CEO who fired Steve Jobs in 1985. Today Apple is the world’s largest and most profitable consumer products company.

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SOLD OUT! Beverly Hills January 23 Strategy Seminar

Come join me for the Mad Hedge Fund Trader’s Global Strategy Seminar, which I will be conducting in Beverly Hills at 1:30 pm on Monday, January 23, 2012. A 45 minute PowerPoint asset class review will be followed by an open discussion on the crucial issues facing investors today. Coffee and snacks will be made […]

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Buy Flood Insurance With the VIX

I am one of those cheapskates who buys Christmas ornaments by the bucket load from Costco in January for ten cents on the dollar because my eleven month return on capital comes close to 1,000%. I also like buying flood insurance in the middle of the summer when the forecast here in California is for […]

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The Price of Stardom at Davos

It’s that time of year again, when finance ministers, central bank governors, hedge fund managers, and assorted rock stars hold their annual confab high in the Alps at Davos, Switzerland. When I was a director of one of the largest banks in Switzerland, I found myself a frequent visitor to the Alpine village of Davos. […]

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Will Gold Coins Suffer the Fate of the $10,000 Bill?

The conspiracy theorists will love this one. Buried deep in the bowels of the 2,000 page health care bill was a new requirement for gold dealers to file Form 1099′s for all retail sales by individuals over $600. Specifically, the measure can be found in section 9006 of the Patient Protection and Affordability Act of […]

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