(SPECIAL GOLD ISSUE) Featured Trades: (GLD) 3) The Ultra Bull Argument for Gold. I am constantly barraged with emails from gold bugs who passionately argue that their beloved metal is trading at a tiny fraction of its true value, and that the barbaric relic is really worth $5,000, $10,000, or even $50,000 an ounce
Featured Trades: (MARKETS GET A STIFF DOSE OF REALITY), (GLD), (SLV), (TLT), (SPX) 1) Markets Get a Stiff Dose of Reality. The global 'RISK ON' TRADE was administered with a stiff dose of smelling salts on Friday with the horrific nonfarm payroll report. The stock market was really leading with its chin. It expected
Featured Trades: (CHINA'S GREAT GRAIN ROBBERY), (CORN), (JJG) 2) China's Great Grain Robbery. The Chinese are nothing if not opportunistic. You may recall that a shocking increase in this year's corn crop predicted by the US Department of Agriculture triggered a series of limit down moves in the grain markets only 12 days ago (click
Featured Trades: (A NIGHT WITH JACK WELCH), (GE) 3) An Evening with Jack Welch. I met Jack Welch recently, the legendary retired CEO of General Electric (GE). 'Neutron' Jack gets the credit for boosting the market cap of GE from $13 billion to $400 billion in 20 years, turning it into a Wall Street
Featured Trades: (THE COOLING MARKET FOR HEDGE FUND TRADERS) 1) The Cooling Market for Hedge Fund Traders. The tide is suddenly heading out to sea for aspiring hedge fund traders. Ilana Weinstein of the IDW Group, which specializes in hedge fund recruitment, says that the new financial regulation bill has fundamentally changed the supply and
Featured Trades: (THE SKINNY ON LITHIUM) 2) The Skinny on Lithium. Long time readers of this letter know that I have been a bull on lithium plays, my pick in the sector, Chile's Sociedad Quimica Y Minera (SQM), bringing in a handy 440% pop off the lows in 2009. You couldn't lose, because if
Featured Trades: (BUY RUSSIA, BUT YOU MAY WANT TO TAKE A SHOWER), (RSX) 2)Buy Russia, But You May Want to Take a Shower.? 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
Featured Trades: (THE BULL MARKET IN FOOD IS ONLY JUST STARTING), (AGU), (POT), (MON), (DBA) 3) The Bull Market in Food Is Only Just Starting. I believe that the surge in the price of food we have seen in the past two years is the beginning of a major, secular, long term trend. During
Featured Trades: (BONDS-WHERE DO WE GO FROM HERE?), (TLT), (TBT) 1) Bonds-Where Do We Go From Here? There is nothing like coming back from vacation and seeing all your shorts go to zero. Well, they almost did. My bet that bond prices would fall going into the end of QE2 paid off big time, with
Featured Trades: (THE LONG VIEW ON EMERGING MARKETS), (EWZ), (RSX), (PIN), (FXI) 2) The Long View on Emerging Markets. I managed to catch Jim O'Neil, the fabled analyst who invented the 'BRIC' term, and who has been kicked upstairs to the chairman's seat at Goldman Sachs International (GS) in London. Jim thinks that it
