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October 18, 2010 – The Collapse of the Yen: When is This Party Getting Started?

Featured Trades: (THE YEN SHORT), (FXJ), (YCS)   1) The Collapse of the Yen: When is This Party Getting Started? ‘Oh, how I despise the yen, let me count the ways.’ I’m sure Shakespeare would have come up with a line of iambic pentameter similar to this if he were a foreign exchange trader. I […]

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October 18, 2010 – The Gold Rush in Iraq

Featured Trades: (IRAQI OIL), (SLB), (HAL), (BHI), (WFT) 2) The Gold Rush in Iraq. There is a Gold Rush Underway in Iraq, with major implications for the rest of us. The success of the recent oil auctions in Iraq is creating a windfall for American oil services companies. Schlumberger (SLB), Baker Hughes (BHI), Weatherford (WFT), […]

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October 18, 2010 – The One Bright Spot in Real Estate

Featured Trades: (MULTIFAMILY DWELLINGS) 3) The One Bright Spot in Real Estate. After my weekly dump on residential real estate, I feel obliged to reveal one corner of this beleaguered market that might actually make sense. By 2050 the population of California will soar from 37 million to 50 million, and that of the US […]

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October 18, 2010 – The Big MarketView From 30,000 Feet

Featured Trades: (IAN BREMMER OF THE EURASIA GROUP), (GOOG), (SPX), (EZU), (FXI), (FXE), (EWA), (EWC), (EWY), (EWT), (THD), (IDX), (EWS), (EWZ), (ECH), (EWW), (RSX) 4) The Big MarketView From 30,000 Feet. There is a new war underway between two forms of capitalism. The traditional type is driven by the big global multinationals we all know […]

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October 15, 2010 – Last Chance to Meet the Mad Hedge Fund Trader at the San Francisco Strategy Luncheon

Featured Trades: (SAN FRANCISCO STRATEGY LUNCHEON)   1) Last Chance to Meet the Mad Hedge Fund Trader at the San Francisco Strategy Luncheon. Last April, I predicted that a huge demographic push would send the prices of commodities soaring, that the economy would threaten a double dip, but not actually do it, and that emerging […]

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October 15, 2010 – Time to Double Up on China

Featured Trades: (CHINA), (SHANGHAI), (FXI), ($SSEC) iShares FTSE/Xinhua China 25 Index ETF South Korea iShares Index ETF Thai Capital Fund, Inc. Singapore iShares ETF iShares MSCI Turkey Investable Market Index Fund ETF iShares MSCI Chile Investable Market Index Fund ETF Brazil iShares ETF PowerShares India Portfolio ETF Market Vectors Russia ETF Trust ETF 2) Time […]

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October 15, 2010 – Indonesia is On Fire

Featured Trades: (INDONESIA), (IDX), (EIDO) Market Vectors Indonesia Index ETF iShares MSCI Indonesia Investable Market Index ETF 3) Indonesia is On Fire. Who said quantitative easing wouldn’t work? The only problem is that you have to speak Bahasa, eat nasi goreng, and live South of the equator, to take full advantage of Uncle Ben’s munificence. […]

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October 14, 2010 – The Solar Boom in California

Featured Trades: (CALIFORNIA’S SOLAR ENERGY BOOM), (FSLR), (SIRE), (HOKU), (TSL) 1) The Solar Boom in California. There is a gold rush of a different kind going on in California, the solar variety. There is a stampede by 49 alternative energy projects, including nine solar ones, to get final approval from the California Energy Commission before […]

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October 14, 2010 – Beating the Market With Demographics

Featured Trades: (DEMOGRPHIC INVESTING) 2) Beating the Market With Demographics. Regular readers of this letter know that I rely on long term demographic trends to predict the direction of the global financial markets. Let me approach this topic from a different angle, measuring the number of retirees a population must support versus the anticipated burden […]

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October 14, 2010 – Apple Blasts Through $300, Next Stop: $1,000

Featured Trades: (AAPL) 3) Apple Blasts Through $300, Next Stop: $1,000. When I took a young, cocky, long haired, Levis wearing Steve Jobs around to meet Morgan Stanley's institutional investors to pitch an Apple share offering 28 years ago, I vowed never to buy anything from the man. He was such a great salesman, and […]

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October 13, 2010 – Why My Shorts Are Missing

Featured Trades: (SHORT POSITIONS), (FXY), (YCS), (TBT), (TMV) 1) Why My Shorts Are Missing. I have always been an aviation enthusiast, flying every rare, antique plane I could get my hands on. My adventures have taken me from flying a 1929 Norwegian spruce and Irish linen constructed Belgian Stampe to a MIG-25 Soviet fighter to […]

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October 13, 2010 – The Frenzy to Buy Corn

Featured Trades: (CORN), (DBA) 2) The Frenzy to Buy Corn. I have managed to catch a few limit up moves in my career, but never two consecutive back to back moves. That is what we got yesterday when panic buying swamped traders in the wake of Friday’s USDA report showing that corn yields plunged from […]

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October 13, 2010 – Goldman Sachs Bursts Out of the Penalty Box

Featured Trades: (GS) 3) Goldman Sachs Bursts Out of the Penalty Box. Let’s say that quantitative easing ensues, the global financial system is flooded with money, and the price of everything rises in unison. What is the one company that would benefit most from this scenario, whose hand on the pulse beat of the market […]

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October 12, 2010 – Rio Tinto (RTP) is Firing on all 16 Cylinders

Featured Trades: (RTP), (IRON ORE), (DIAMONDS) 2) Rio Tinto (RTP) is Firing on all 16 Cylinders. I managed to catch an interesting interview on TV the other day with Tom Albanese of Rio Tinto (RTP), the planet’s second largest producer of iron ore. It is one of the companies at the nexus of the global […]

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October 12, 2010 – The Big Hedge Fund Killing in September

Featured Trades: (THE SEPTEMBER HEDGE FUND KILLING) 3) The Big Hedge Fund Killing in September. I was not alone in posting spectacular results in September. Those who foresaw Ben Bernanke’s quantitative easing and its implications for all assets posted huge returns for the month, pushing many into positive territory for the first time this year. […]

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