?It is by the goodness of God that in our country we have those three unspeakably precious things: freedom of speech, freedom of conscience, and the prudence never to practice either of them.? said the 19th century American humorist, Mark Twain.
Global Market Comments September 22, 2016 Fiat Lux Featured Trade: (CALIFORNIA UPS ITS GAME AGAINST GLOBAL WARNING), (PCG), (AAPL), (TEN REASONS WHY BONDS WON?T CRASH), (TLT), (TBT), (ELD), (MUB) Pacific Gas & Electric Co. (PCG) Apple Inc. (AAPL) iShares 20+ Year Treasury Bond (TLT) ProShares UltraShort 20+ Year Treasury (TBT) WisdomTree Emerging Markets Lcl Dbt
California has raised the bar again in its relentless war on greenhouses gases. Last week Governor Jerry Brown signed SB32 mandating that the Golden State reduce greenhouse gas emissions to 40% below 1990 levels by 2020. It is far and away the most ambitious such program anywhere in the world today.I mention this because California
I have never been one to run with the pack.I'm the guy who eternally marches to a different drummer, not in the next town, but the other hemisphere.I would never want to join a club that would lower its standards so far that it would invite me as a member.On those rare times when I
Global Market Comments September 21, 2016 Fiat Lux Featured Trade: (THE LEAGUE OF EXTRAORDINARY TRADERS), (WFM), (COST), (AMERICA?S DEMOGRAPHIC COLLAPSE AND YOUR STOCK PORTFOLIO), (TESTIMONIAL)Whole Foods Market, Inc. (WFM) Costco Wholesale Corporation (COST)
I never cease to be impressed with the readers of this newsletter. I was reminded of this once again at my luncheon in Portland, Oregon last week, held at the exclusive Ringside Fish House, a purveyor of the outstanding Pacific Northwest seafood for which the City of Roses is rightly proud. Luncheon attendees seem to
As a long term observer of America?s demographic picture, I was shocked to hear of a recent report from the US Census Bureau (click here for the website).The US population grew by a scant 0.72% in 2012, the lowest since 1942.You can?t start or expand a family when an essential partner in the process is
Global Market Comments September 20, 2016 Fiat Lux Featured Trade: (THE MATHEMATICAL IMPOSSIBILITY OF A TRUMP WIN), (HOW TO EXECUTE A VERTICAL BULL CALL SPREAD ON FACEBOOK), (FB) Facebook, Inc. (FB)
Global Market Comments September 19, 2016 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE COMING WEEK), (T), (SPG), (HYG), (EEM), (ELD), (CYB), (FXY), (FXE) (A CONVERSATION WITH THE BOOTS ON THE GROUND), (OCTOBER 21st SAN FRANCISCO, CA GLOBAL STRATEGY LUNCHEON) AT&T, Inc. (T) Simon Property Group Inc. (SPG) iShares iBoxx $ High Yield Corporate Bd
I think you can pretty much expect things to remain on hold until the Fed announces its interest rate decision next Wednesday afternoon. That is when all financial markets will explode to the upside, the downside, or both. So, I am going into the big day 100% in cash to take advantage of the sudden
Global Market Comments September 16, 2016 Fiat Lux SPECIAL RAILROAD ISSUE Featured Trade: (THE BIG COMEBACK IN RAILROADS), (UNP), (CSX), (NSC), (CP), (KSU) Union Pacific Corporation (UNP) CSX Corp. (CSX) Norfolk Southern Corporation (NSC) Canadian Pacific Railway Limited (CP) Kansas City Southern (KSU)
Want to know the best way to play the coming recovery in oil, commodities, precious metals, and emerging markets? Buy the railroads. At least if you are early, you still have a functioning, cash flow positive business, unlike the rest of the above. Since they peaked in early 2015, railroad stocks have been beaten like
Global Market Comments September 15, 2016 Fiat Lux Featured Trade: (OCTOBER 7TH INCLINE VILLAGE, NV GLOBAL STRATEGY LUNCHEON), (DON?T TOUCH THE COAL BUBBLE), (KOL), (BHP), (TCK), (TEN TIPS FOR SURVIVING A DAY OFF WITH ME) VanEck Vectors Coal ETF (KOL) BHP Billiton Limited (BHP) Teck Resources Limited (TCK)
What has been the top performing asset class so far in 2016? Is it gold (GLD), oil (USO), or collectable French postage stamps? If you said ?coal,? you win the kewpie doll. In fact, the 19th century energy source is the best performing commodity of the year by a large margin. Indeed, the Van Eck
Global Market Comments September 14, 2016 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE SEPTEMBER 16TH PORTLAND, OR GLOBAL STRATEGY LUNCHEON), (10 REASONS WHY JANET YELLEN WON?T RAISE RATES), (UUP), (LAUNCHING ?TRADING OPTIONS FOR BEGINNERS?) PowerShares DB US Dollar Bullish ETF (UUP)
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Portland, OR at 12:00 PM on Friday, September 16, 2016. A three-course lunch will be followed by an extended question and answer period. I?ll be giving you my up to date view on stocks, bonds,
No way, Jose. That is my read on the likelihood of the Federal Reserve raising interest rates at next week?s Open Market Committee meeting. The evidence against it is overwhelming. Here are ten reasons why: 1) Chairwoman Janet Yellen has told me on many occasions that she will not raise interest rates until she sees
Global Market Comments September 13, 2016 Fiat Lux Featured Trade: (STOCKS TO BUY FOR A TRUMP WIN IN NOVEMBER), (CVX), (XOM), (COP), (BP), (RIG), (DO), (BTUUUQ), (CCJ), (CHK), (DVN), (NOC), (GD), (ZMH), (UNH), (HUM), (PFE), (AAPL), (UNP), (BAC), (SEPTEMBER 14TH GLOBAL STRATEGY WEBINAR), (ARE YOU IN THE 1%?), (SNE), (HMC) Chevron Corporation (CVX) Exxon Mobil
Given Hillary's stumble last weekend, both literally and figuratively, we have to consider the unimaginable, a Trump win in November.For a start, let's discount the obvious. Volatility will absolutely go through the roof and live there for the next four years. The old 90 handle high hit in the fall of 2008 will be a
When asked about the urban legend that the vaults at Fort Knox are empty, and that the Fed has no gold, former Federal Reserve Chairman Ben Bernanke responded, ?I?ve been to the basement of the New York Fed. The gold is there. I?ve seen it.?