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May 24, 2010 – Quote of the Day

'Nobody has any visibility beyond the next five minutes,' said Boris Schlossberg at BK Forex Advisor.

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May 21, 2010 – Watch Out for the ‘Anti-Growth’ Trade!

  (SPECIAL ‘MARGIN CALL’ ISSUE) Featured Trades: (USO), (EEM), (SLV), (PPLT), (PALL), (JNK), (YCS), (FXE), (FXB), (FXA), (FXC), (VIX), (SPX) 1) Watch Out for the ‘Anti-Growth’ Trade! Now that most big hedge funds have completed their race to get neutral, they are holding raucous in-house debates over placing size bets on a double dip recession. […]

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May 21, 2010 – Why There is No Place to Hide in This Sell Off

(SPECIAL ‘MARGIN CALL’ ISSUE) Featured Trades: (SLV), (PALL), (SPX) 2) Why There is No Place to Hide in This Sell Off. After watching silver (SLV) and palladium (PALL) get absolutely creamed today, I just want to reiterate my warning (click here ) the market now has vastly higher levels of risk, that there will be […]

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May 21, 2010 – Why the Euro Crisis Could Go On for Five Years

(SPECIAL 'MARGIN CALL' ISSUE) Featured Trades: (EURO) 3) Why the Euro Crisis Could Go On for Five Years. You often hear the expression that a camel is a horse designed by a committee. The dromedary that the European Central Bank has is spitting mean and ill tempered. Europe does not have one guy like Ben […]

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May 21, 2010 – Recollections of a Marine

(SPECIAL 'MARGIN CALL' ISSUE) Featured Trades: (THE PACIFIC) 4) Recollections of a Marine. As the son of a Marine who served on Guadalcanal in 1942, I had an unusual childhood. The memories all came flooding back to me as the HBO program, The Pacific, came to its conclusion this week. Every scene in the ten […]

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May 21, 2010 – Quote of the Day

'Central Banks are sewing gold into their lapels,' said Philip Gotthelf, president of Equidex, a foreign exchange dealer

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May 20, 2010 – Keep a Sharp Eye on China for Market Direction

Featured Trades: (FXI), ($SSEC), (CYB) 1) Keep a Sharp Eye on China for Market Direction. My favorite canary in the coal mine for global capital markets has been singing loud and clear, and that song is increasingly sounding like a funeral dirge. The Chinese stock markets (FXI) have been rolling over like a fatally injured […]

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May 20, 2010 – The Easy Money on the Euro Has Been Made

Featured Trades: (FXE) 2) The Easy Money on the Euro Has Been Made. I have been a conspicuous bear on the euro (FXE) all year, back when it was trading at $1.45 (click here for the call ). We have now hit my target of the low $1.20′s, and the really easy money has been […]

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May 20, 2010 – How the Hedge Funds Are Calling the Tune on Oil

Featured Trades: (CRUDE), (USO), ($WTIC) 3) How the Hedge Funds Are Calling the Tune on Oil. Watching the gut churning $22 plunge in crude (USO) has been fascinating, and gives broader insights into the state of global capital markets as a whole. Just as the Gulf disaster threatens to cap one third of America's least […]

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May 20, 2010 – Meet the First Mass Market Car of the Future

Featured Trades: (NISSAN LEAF) 4) Meet the First Mass Market Car of the Future. I put my $99 deposit down to get my five door Nissan Leaf hatchback this December, which will be the world’s first mass market, price competitive all-electric car. The vehicle will be entirely run by a 24 kilowatt hour lithium ion […]

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May 20, 2010 – Quote of the Day

'Insanity is hereditary. You can catch it from your kids,' said humorist Erma Bombeck.

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May 19, 2010 – The 2010 New York Hard Asset Investment Conference

SPECIAL HARD ASSET ISSUE Featured Trades: (NEW YORK HARD ASSET CONFERENCE) Note to Chicago area readers: Please get your orders in for my June 11 Chicago strategy luncheon. As I am an out-of-towner and one of those suspicious left coaters, the Union League Club is asking me to confirm firm numbers well in advance.   […]

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May 19, 2010 – How Far will Gold Run?

SPECIAL HARD ASSET ISSUE Featured Trades: (GOLD), (GLD) 2) How Far will Gold Run? The good news is that you no longer have to be crazy to buy gold. Until recently, certifiable believers chasing the barbaric relic were driven by a host of urban legends and conspiracy theories, such as the imminent bankruptcy of the […]

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May 19, 2010 – Quote of the Day

'I think this is the most extraordinary collection of talent, of human knowledge, that has ever been gathered together at the White House with the possible exception of when Thomas Jefferson dined alone', said John F. Kennedy about our third president.

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May 18, 2010 – Where to Buy on the Dip

Featured Trades: (IAN BREMMER), (GOOG), (SPX), (EZU), (FXI), (FXE), (EWA), (EWC), (EWY), (EWT), (THD), (IDX), (EWS), (EWZ), (ECH), (EWW), (RSX) 1) Where to Buy on the Dip. There is a new war underway between two forms of capitalism. The traditional type is driven by the big global multinationals we all know and love which are […]

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