Lunch With the CIA

Lunch with the Central Intelligence Agency is always interesting, although five gorillas built like brick shithouses staring at me intently didn’t help my digestion. Obama’s pick of Leon Panetta as the agency’s new director was controversial because he didn’t come from an intelligence background- upsetting the career spooks at Langley to no end. But the […]

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December 6, 2010 – Is Food the New Distressed Asset?

Featured Trades: (IS FOOD THE NEW DISTRESSED ASSET?), (DBA), (MOO), (AGU), (MOO) 2) Is Food the New Distressed Asset? After my entertaining repast with the head of our nation’s intelligence service, I had to ask myself this question. During the sixties, new dwarf varieties, irrigation, fertilizer, and heavy duty pesticides tripled crop yields, unleashing a […]

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December 6, 2010 – The Real Estate Market in 2030

Featured Trades: (THE REAL ESTATE MARKET IN 2030)   3) The Real Estate Market in 2030. A number of analysts, and even some of those in the real estate industry, are finally coming around to the depressing conclusion that there will never be a recovery in residential real estate. Long time readers of this letter […]

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December 3, 2010 – The Mad Hedge Fund Trader’s December 28 Global Strategy Luncheon

Featured Trades: (CHICAGO STRATEGY LUNCHEON)   1) The Mad Hedge Fund Trader’s December 28 Global Strategy Luncheon. Come join me for lunch for the Mad Hedge Fund Trader’s Global Strategy Update, which I will be conducting in Chicago on Tuesday, December 28, 2010. A three course lunch will be followed by a 45 minute PowerPoint […]

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December 3, 2010 – Trade Alert for the (TBT)

Featured Trades: (TBT TRADE ALERT) 2) Trade Alert for the (TBT). It's time to get in on the greatest short play of the coming decade. I have been pounding the table that investors should pile into the (TBT), the 200% leveraged bet that Treasury bond prices would go down, since August. It rose 28% after […]

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December 3, 2010 – Trade Alert for the (SSO)

Featured Trades: (SSO TRADE ALERT), (NSANY), (TM), (TTM) 3) Trade Alert for the (SSO). After the Dow's impressive 250 point blast off to the upside yesterday, my phone started ringing off the hook. Fundamental and technical analysts around the world were screaming at me that a major breakout was at hand, it was off to […]

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December 1, 2010 – The Portland Thanksgiving Strategy Luncheon

Featured Trades: (PORTLAND STRATEGY LUNCHEON) 1) The Portland Thanksgiving Strategy Luncheon. Many thanks to all who attended the First Annual Portland Thanksgiving Strategy Luncheon, whose repartee, give and take, and wide-ranging debate made the event well worth the trip from Fog City. I always take in more from these events than I dish out, which […]

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December 1, 2010 – My Anti Review of the Chevy Volt

Featured Trades: (CHEVY VOLT REVIEW), (NSANY), (GM)   2) My Anti Review of the Chevy Volt. In 2011, we will we be deluged by an onslaught of advertising praising the virtues of the electric car, as models like the Nissan Leaf (NSANY) and the Chevy Volt (GM) hit the market. If last week’s San Francisco […]

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December 1, 2010 – Your Engraved Invitation to Sell the Yen

Featured Trades: (JAPANESE YEN), (FXY), (YCS) 3) Your Engraved Invitation to Sell the Yen. It is looking like the worm has finally turned on the Japanese currency. After tickling ¥80.20 for a nanosecond on November 1, it has swan dived. It didn’t even rally during Thanksgiving week, when Uncle Buck momentarily sold off against most […]

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November 30, 2010 – Hollywood Cashes in on Wall Street's Woes

Featured Trades: (MY HOLLYWOOD ROLE) 1) Hollywood Cashes in on Wall Street's Woes. I have done many things in my life: hedge fund manager, pilot, cowboy, journalist, stock broker, mountain climber, translator, guide, etc, etc. etc. Now add technical consultant to Hollywood to the list. According to the New York Times, Simon Baker, star of […]

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November 30, 2010 – Tesla: Sell the Sizzle, Then Buy the Steak

Featured Trades: (TESLA MOTORS), (TSLA) 2) Tesla: Sell the Sizzle, Then Buy the Steak. So far, the most successful thing Tesla Motors (TSLA) has done is sell stock. The IPO was an absolute blowout success, far and away the best this year, with book building at $14-$16, the size increased by 20%, pricing at $17, […]

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November 30, 2010 – Pssst! Have You Heard About’..?

Featured Trades: (RHODIUM), (AAUKY.PK), (PAL), (SWC)   3) Pssst! Have You Heard About’.? When I was at the New York Hard Asset Investment Conference weeks ago, every hour someone would stop by my table, mention the word ‘rhodium’, and walk away. My interest piqued, I decided to look into this mysterious metal. Rhodium (Rh) is […]

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November 30, 2010 – A Poolside Report from City Center

Featured Trades: (LAS VEGAS CITY CENTER) 4) A Poolside Report from City Center. I write this to you from my poolside cabana at the Aria at City Center, the newest and hottest hotel in Las Vegas, against a background of blaring rock music and helicopters buzzing overhead every five minutes. It's amazing what passes for […]

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November 30, 2010 – Quote of the Day

'People are starting to feel better here. They don't feel like they have to have Dr. Kevorkian on speed dial anymore,' said Scott Nation, president of Nation Shares.

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November 26, 2010 – Don’t Hold Your Breath for Residential Real Estate

Featured Trades: (RESIDENTIAL REAL ESTATE)   1) Don’t Hold Your Breath for Residential Real Estate. Every few weeks I get a warm and fuzzy feeling when I see my old house for sale in the Wall Street Journal. I’m sure you’ve seen it. It’s the 8,500 square foot, four bedroom, seven bathroom white elephant perched […]

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