August 12, 2010 – Lunch With the CIA

Featured Trades: (LUNCH WITH THE CIA) 1) Lunch With the CIA. Lunch with the Central Intelligence Agency is always interesting, although five gorillas built like brick shithouses with wires sprouting out of their ears, staring at me intently, didn't help my digestion. Obama's pick of Leon Panetta as the agency's new director was controversial because […]

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August 12, 2010 – Time for Platinum to Play Catch Up

Featured Trades: (PLATINUM), (PPLT) ETFS Physical Platinum ETF 2) Time for Platinum to Play Catch Up. Since you’ve recently been romancing gold, you should check out platinum, her younger, racier, and better looking sister, who wears the low riders. The white metal historically has more volatility than gold, but this year has risen by only […]

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August 12, 2010 – This is Not Your Father’s Nuclear Power Plant

Featured Trades: (NEW NUCLEAR), (NUSCALE POWER) 3) This is Not Your Father's Nuclear Power Plant. On my recent trip to Oregon, I met with venture capital investors in NuScale Power, which is trailblazing the brave new world of 'new' nuclear. Their technology has been pioneered by Dr. Jose Reyes, dean of the School of Engineering […]

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August 12, 2010 – Watch Out for the Chihuahua Glut

Featured Trades: (THE CHIHUAHUA GLUT) 4) Watch Out for the Chihuahua Glut. Yesterday, I wrote about the Nevadan wrinkle in the housing crisis where distressed homeowners are letting their horses go wild to make their mortgage payment. Now, neighboring California is facing a Chihuahua glut, where evicted homeowners are handing over their pets to animal […]

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August 12, 2010 – Quote of the Day

'There are people who can't get used to the idea that the country is being run by a black guy living in public housing. Obama is only half black, so I guess that makes him our 'starter Negro,' said political commentator Will Durst.

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August 11, 2010 – Kiss That Union Job Goodbye

Featured Trades: (WHERE HAVE ALL THE JOBS GONE?), 1) Kiss That Union Job Goodbye. Those of you counting on getting your old union assembly line job back in Detroit can forget it. The recent eight year forecast published by the Bureau of Labor Statistics shows that 4.19 million jobs will be gained in the US […]

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August 11, 2010 – China Steps Up Its Nuclear Program

Featured Trades: (CHINESE NUCLEAR PROGRAM) 2) China Steps Up Its Nuclear Program. The Middle Kingdom currently has 12 operational plants generating 12 gigawatts accounting for 2.3% of the country's power. Another 23 are currently under construction. It plans to add ten a year for the next decade, taking them up to 70 Gigawatts by 2020, […]

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August 11, 2010 – Why Don’t We Try Chinese Style Securities Regulation?

Featured Trades: (INCARCERATION RATES) 3) Why Don't We Try Chinese Style Securities Regulation? Former stock trader, Yang Yanming, was recently executed by lethal injection for embezzling $9.52 million from Galaxy Securities during 1997 to 2003. The move was part of a broader effort by the Mandarins in Beijing to crack down on rampant corruption in […]

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August 11, 2010 – The Bull Market in Mustangs

Featured Trades: (MUSTANGS) 4) The Bull Market in Mustangs. The Western US has found a new wrinkle in the housing collapse, where homeowners are desperately struggling to cut living costs to meet the next doubling of their adjustable rate mortgage payments on their underwater houses. Raising horses can cost more than children, so Nevadans are […]

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August 11, 2010 – Quote of the Day

'It amazes me how quickly amnesia sets in,' said Stephen Crawford, former co-president of Morgan Stanley, about the willingness of hedge funds to re-leverage positions in these conditions.

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August 10, 2010 – The Best Trade of the Year

(SPECIAL FOOD ISSUE) Featured Trades: (CORN), (WHEAT), (SOYBEANS), (POT), (MOS), (AGU) Teucrium Agricultural Trust Corn Fund PowerShares DB Multisector Commodity Trust Agriculture ETF 1) My Best Trade of the Year. I was having a good 2010 until the grain trade came along. Now I’m have a fabulous year. Since my initial call to buy on […]

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August 10, 2010 – The Bull Market in Food Is Only Just Starting

(SPECIAL FOOD ISSUE) Featured Trades: (POT), (MOS), (AGU), (DBA) 2) The Bull Market in Food Is Only Just Starting. I believe that the surge in the price of food we have seen in recent weeks is the beginning of a major, secular, long term trend. During the sixties, new dwarf varieties, irrigation, fertilizer, and heavy […]

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August 10, 2010 – Quote of the Day

'Analysts don't know preferred stock from livestock,' said Gordon Gekko in the classic film Wall Street.

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August 9, 2010 – Job Creation is Still on Vacation

Featured Trades: (JULY NONFARM PAYROLL)   1) Job Creation is Still on Vacation. If I have learned one thing from 40 years in the financial markets, it’s that traders demand instant gratification. So when the July nonfarm payroll showed a loss of 131,000 jobs, an unchanged unemployment rate at 9.5%, and total unemployment of 14.6 […]

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August 9, 2010 – The Cooling Market for Hedge Fund Traders

Featured Trades: (HEDGE FUND HIRING) 2) The Cooling Market for Hedge Fund Traders. The tide is suddenly heading out to sea for aspiring hedge fund traders. Ilana Weinstein of the IDW Group, which specializes in hedge fund recruitment, says that the new financial regulation bill has fundamentally changed the supply and demand balance for hedge […]

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