December 13, 2010 – And What a Year It's Been!

Featured Trades: (SLV), (BAL), (PALL), (JO), (JJG), (CORN), (UNG), (FXE)
(WHAT A YEAR!)


3) And What a Year It's Been! Look at the year to date performance of  the asset classes below, and it almost looks like my buy and sell recommendations I put out at the beginning of 2010. I had strong buy recommendations on the top nine performers, including palladium (PALL) (81.8%), silver (SLV) (77.9%), cotton (77%) (BAL), (72%), coffee (JO) (52.8%), wheat (JJG) (36.2%), oats (33.4%), corn (CORN) (32%), and soybean oil (JJG) (32%). Perhaps this explains why I have so many readers that are farmers, and gold and silver coins are showing up in the mail as Christmas presents from newly enriched subscribers.

I told followers to avoid natural gas (UNG) (-20.5%), like the plague, and go short the Euro (FXE) (-7.2%). Maybe this explains why I have 30 outstanding dinner invitations in Rome (pasta is made of wheat), and why I have signed 8 X 10 glossy portraits of George W. Bush coming out of my ears, all sent from the oil patch in Texas.

At this point I have to say that past is not prologue, and it's only a matter of time before the markets serve me up with a healthy, and sobering dose of humility. All I know is that the harder I work, the luckier I get.

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