Global Market Comments December 10, 2009 Featured Trades: (COPPER), (FCX), (CRUDE), (XTO), (RIG), (USO), (MUSTANGS) 1) I have to tell you that my old friend, Dr. Copper, the only commodity that has a PhD in economics, looks like he may be giving the market an ?F? on its latest exam. If you recall, I was feverishly
Global Market Comments December 9, 2009 Featured Trades: (MERRIDETH WHITNEY), (SPX), (SEF), (SKF), (SDS), (COFFEE), (KTH10.NYM), (CARBON CAPTURE & STORAGE), (CER's) 1) Meredith Whitney is about to have a second wind. The brassy, former Fox News reporter parlayed a gutsy, ultra bearish call on financials in 2007 into a multimillion dollar advisory business that catapulted
Global Market Comments December 8, 2009 Featured Trades: (RISK), (GOLD), (GLD), (DGP), (HBD.TO), (MEXICAN GOLD PESO), (DOLLAR) 1) Reflections on Risk ? The behavior of the global markets on Friday was a great ?tell? on the current state of risk taking.? We finally got the one data point that we have been hoping for, even
Global Market Comments December 4, 2009 Featured Trades: (SILVER), (GOLD), (ABX), (CDE), (SLW), (HL), (HEDGE FUND RADIO), (JAPAN)NOTE TO SUBSCRIBERS: I?m taking a research day on Monday, December 7, so the next letter will be published on Tuesday, December 8.1) Those transfixed by gold blasting through the $1,200 level have been missing the real action
Global Market Comments December 3, 2009 Featured Trades: (DUBAI), (EEM), (EDZ), (JOB OFFER), (HEDGE FUND RADIO)?1) Who did Dubai's emir, Mohammed bin Rashid Al Maktoum, think he was kidding? He launched one of the biggest construction booms in history, erecting the Burj Dubai, which at 161 stories is the world's tallest building. He built artificial
Global Market Comments December 2, 2009 ANOTHER SPECIAL GOLD ISSUE Featured Trades: (GOLD), (GLD) (HARD ASSETS INVESTMENT CONFERENCE) 1) Welcome to the new gold standard! There was a time that to own gold you had to be a 'gold bug' and believe in the myriad urban legends that percolated in the underground. Fort Knox is
Global Market Comments November 25, 2009 Featured Trades: (HEDGE FUND RADIO), (PLATINUM), (PGM), (PTM) 1) On Hedge Fund Radio this week I?ll be interviewing the legendary hedge fund manager, Bill Fleckenstein, who will give us his 2010 view of stocks, bonds, commodities, currencies, and of course gold. ?Fleck? is a 25 year industry veteran holding
Global Market Comments November 24, 2009 Featured Trades: (PCY), (LQD), (TM), (TM), (BEN BERNANKE) 1) I spent an evening chewing the fat with James Lentz, the president of Toyota Motor Sales, USA, (TM) who let loose some incredibly insightful views on the long term future of the global economy. I have been following Toyota for
Global Market Comments November 20, 2009 Featured Trades: (LUMBER), (TBT), (ZIMBABWEAN DOLLARS), (GOLD), (SILVER) (HEDGE FUND RADIO)1) Sometimes I think I?m the only guy who follows lumber futures. But they are a great ?tell? on the direction of wide swaths of the economy. Today, I?m not alone. Chart watchers have gone apoplectic because they think
Global Market Comments November 19, 2009 SPECIAL BOND MARKET ISSUE Featured Trades: (EUROPE), (JGB), (JNK), (PHB), (HYG)1) The US is turning into Europe. Think backbreaking taxes, chronic high unemployment, government involvement in everything, less innovation, and much lower growth, in exchange for a social safety net, more debt, and better coffee. That is the message