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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November 16, 2011 – Quote of the Day

“The greatest show on earth is happening elsewhere. Southern trade is becoming turbocharged,” said Stephen King, chief economist at HSBC, about the enormous new trading routes forming between Asia and Latin America, who calls the network the “Southern Silk Road.”  

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Meet the Teflon Market

Pound away at this market all you want, and it just refuses to go down. In recent weeks we have received a torrent of bad news from Europe, including the fall of governments in Greece and Italy, and the S&P 500 index keeps migrating back to the 1,260 level, as if attracted by some supernatural, […]

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November 15, 2011 – Quote of the Day

“I’d rather own silver than Toyota in an environment like we are having now,” said Jim Rogers, CEO of Rogers Holdings.    

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The Road to Singapore

I am writing this from the polished teak floored, white columned, veranda of the historic Raffles Hotel in Singapore. Exotic tropical birds with huge curved bills are calling each other from the betel nut trees. I am somewhat peeved, as the Sir Stamford Raffles Suite which I have reserved is not yet available. A visiting […]

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November 14, 2011 – Quote of the Day

“To be right when a large government is wrong can be very dangerous,” said Benjamin Franklin.  

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A Tribute to a True Veteran

Today is Veterans Day, and I’ll be putting on my faded Marine Corp fatigues and railroad track bars and leading the home town’s Veteran’s Day parade. So I thought it would be a good day to tell you the story of my Uncle Mitch. Since job prospects for high school graduates in rural Pennsylvania in […]

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Testimonial

I have been following your trades for a while, to the tune of several hundreds of thousands in profits. Kindly sign me up to the “A” team. Even after investing for over 30 years, some as a Wall St. pro, I need help with this market. Keep up the good work. BF

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November 11, 2011 – Quote of the Day

“The problem is that we have an analogue political culture in a digital word,” said former news anchor, Tom Brockaw.  

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If Demographics is Destiny, Then America’s Future Sucks

Desperate homeowners counting on a “V” shaped recovery in residential real estate prices to bail them out better first take a close look at global demographic data, which tells us there will be no recovery at least another 15 years. I have been using the US Census Bureau’s population pyramids as long leading indicator of […]

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November 10, 2011 – Quote of the Day

“When I came into Disney, it was a brand, yes, but a museum mostly. It’s was not all about Pinocchio and Snow White. We had to look forward,” said Michael Eisner, the former CEO of Walt Disney (DIS).  

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SOLD OUT! Last Chance to Join the Orlando November 10 Strategy Luncheon

Come join me for lunch at the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Orlando, Florida on Thursday, November 10, 2011. An excellent meal will be followed by a wide ranging discussion and an open ended question-and-answer period. I’ll be giving you my up-to-date view on stocks, bonds, currencies, […]

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Silver Is Starting to Shine

I received an urgent call from my friend at Fidelitrade (http://fidelitrade.com/) this morning, a leading dealer in 1,000 ounce bars of gold and silver. He had just been cleaned out of the 1,000 ounce silver bars at $34,930 each, and there was nothing in the pipeline. What the hell was going on with silver? I […]

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Take a look at Jeffries

I have an unusually sensitive nose. Maybe that is because it is so big. It is particularly attuned to detecting bullpucky in broker research reports. So when an analyst recently downgraded the mid-level broker, Jeffries & Co (JEF), on the back of its European debt exposure, the stench was overwhelming. I went to the website […]

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November 8, 2011 – Quote of the Day

“The bond markets are telling the truth about the financial markets right now. It’s not being told by the equity markets,” said Constance Hunter, chief economist at Aladdin Capital Management of bond house.  

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