September 15, 2010 – Visit the Kitco Metals eConference

Featured Trades: (KITCO METALS ECONFERENCE)   2) Visit the Kitco Metals eConference.  If you have a spare hour someday soon, and possess an insatiable interest in precious metals of every description, as you should, then you must visit Kitco Metals eConference conference at http://econf.kitco.com/ . Kitco is an online trading and investment site specializing in […]

Read full story Comments are closed

September 15, 2010 – Reflections on Morgan Stanley’s 75th Anniversary

Featured Trades: (MORGAN STANLEY 75th ANNIVERSARY) 3) Reflections on Morgan Stanley's 75th Anniversary. The three elder statesmen I saw on TV ringing the opening bell at the NYSE yesterday couldn't have been more representative of the evolution of Morgan Stanley (MS) over the past three quarters of a century. When I joined just after the […]

Read full story Comments are closed

September 14, 2010 – The Big Win in Emerging Markets

Featured Trades: (EMERGING MARKETS), (ECH), (IDX), (TF), (EZW), (GXG), (EIRL) iShares MSCI Chile Index Fund ETF Market Vectors Indonesia Index ETF Thai Capital Fund Inc. Global X/Interbolsa FTSE Columbia 20 ETF iShares MSCI Ireland Capped Investable Market Index ETF PowerShares Water Resources Portfolio ETF 1) The Big Win in Emerging Markets. Take a look at […]

Read full story Comments are closed

September 14, 2010 – Years of Pain to Come in Residential Real Estate

Featured Trades: (RESIDENTIAL REAL ESTATE), (BRK/A) 2) Years of Pain to Come in Residential Real Estate. Regular readers of this letter are familiar with my antipathy towards real estate of every flavor, with the exceptions of multi unit dwellings (apartment buildings) and farmland (click here for ‘The Hard Truth About Residential Real Estate’  and click […]

Read full story Comments are closed

September 14, 2010 – My Sugar Buy Explodes to the Upside

Featured Trades: (SUGAR), (SGG), (PHO) iPath Dow Jones-UBS Sugar Subindex Total Return ETN 3) My Sugar Buy Explodes to the Upside. I just got a bill from my dentist, accrued since the sudden onset of my sweet tooth on August 2, and it was an absolute whopper! The good news is that the 31% move […]

Read full story Comments are closed

September 14, 2010 – Who Says Hedge Funds Aren’t Adding Value?

Featured Trades: (HEDGE FUND PERFORMANCE) 4) Who Says Hedge Funds Aren't Adding Value? According to my old friend, Rick Sopher, chairman of LCH Investments in London, the top ten hedge funds have earned $153 billion for their investors since inception. John Paulson's fund alone, which made an absolute killing by shorting subprime mortgage debt instruments […]

Read full story Comments are closed

September 13, 2010 – The Mad Hedge Fund Trader Interviews Bill Fleckenstein on Hedge Fund Radio

Featured Trades: (GLD), (NEM), (AEM), (GG), (SLV), (CU), (MSFT), (VZ), (AAPL), (FXC), (CYB) SPDR Gold Trust Shares ETF iShares Silver Shares Trust ETF Currency Shares Canadian Dollar Trust ETF Wisdom Tree Dreyfus Chinese Yuan Fund ETF First Trust ISE Global Copper ETF   1) Bill Fleckenstein, Legendary Hedge Fund Manager, on Hedge Fund Radio. My […]

Read full story Comments are closed

September 13, 2010 – Peak Rare Earths is Upon Us

Featured Trades: (RARE EARTHS), (AVARF), (LYSCF), (GWMGF), (MCP)   2) Peak Rare Earths is Upon Us. When I first recommended the rare earths miners four months ago, I thought of them as stocks that you put on the  back book and forget about, hoping that they would appreciate someday (click here for ‘Rare Earths are […]

Read full story Comments are closed

September 13, 2010 – A Short Squeeze in Corn May Hit the Market

Featured Trades: (CORN) Teucrium Commodity Trust Corn Fund ETF 3) A Short Squeeze in Corn May Hit the Market. The US Dept of Agriculture’s Friday crop report has left traders carrying short positions in corn (CORN) with a decidedly sickening feeling in the pits of their stomachs. The federal agency warned that the summer’s blistering […]

Read full story Comments are closed

September 13, 2010 – Quote of the Day

'How can you have confidence in any of these currencies? They are all a joke,' said legendary hedge fund manager Bill Fleckenstein on Hedge Fund Radio.

Read full story Comments are closed

September 10, 2010 – The Fat Lady Sings Another Bar

Featured Trades: (TREASURY BONDS), (TBT), (TMV) ProShares Ultra Short Lehman 20+ Year Treasury ETF Direxion Daily 30 Year Treasury Bear 3X Shares ETF 1) The Fat Lady Sings Another Bar. The Treasury bond market is certainly doing its best to roll over like the Bismark, the 30 year closing on the lows, 5 ½ points […]

Read full story Comments are closed

September 10, 2010 – The Fat Lady is Also Singing in Japanese

Featured Trades: (JGB), (YCS) 2) The Fat Lady is Also Singing in Japanese. A political slugfest in Japan could also be signaling the end of the great bull market in the JGB market, which I have been pissing on from the greatest possible height (click here for ‘Why the JGB Market May be Ready to […]

Read full story Comments are closed

September 10, 2010 – Buy Russia When Oil is Cheap

Featured Trades: (RUSSIA), (RSX), (OGZPF.PK), (SBRPF.PK) Market Vectors Russia ETF 3) Buy Russia When Oil is Cheap. If you wonder why I recommend a shower after investing in Russia, Bill Browder will give you the reasons at length on his YouTube video (click here for the link). Bill is the founder and CEO of Hermitage […]

Read full story Comments are closed

September 9, 2010 – Here’s the Winner of the November Election

(SPECIAL ELECTION ISSUE) Featured Trades: (CVX), (XOM), (COP), (BP), (RIG), (DO), (BTU), (JOYG), (SHAW), (CCJ), (DVN), (CHK), (FSLR), (NOC), (GD), (ZMH), (UNH), (HUM), (PFE), (DV), (STRA), (COCO), (TBT), (TMV) 1) Here’s the Winner of the November Election. What has been one of the best performing trades in the world since Obama took office in January, […]

Read full story Comments are closed

September 9, 2010 – My Call on the Election

(SPECIAL ELECTION ISSUE) Featured Trades: (CVX), (XOM), (COP), (BP), (RIG), (DO), (BTU), (JOYG), (SHAW), (CCJ), (DVN), (CHK), (FSLR), (NOC), (GD), (ZMH), (UNH), (HUM), (PFE), (DV), (STRA), (COCO), (TBT), (TMV) 2) My Call on the Election. Like Sherlock Holmes, I like to consider every alternative, and eliminate the obvious. I think that if the Republicans take […]

Read full story Comments are closed