Global Market Comments February 25, 2014 Fiat Lux Featured Trade: (IM BACK FROM THE LAND DOWN UNDER), (FEBRUARY 26 GLOBAL STRATEGY WEBINAR), (MAD HEDGE FUND TRADER LEAPS AHEAD WITH A 9.31% 2014 RETURN), ?(UNG), (BAC) (BUDGET CUTS HIT THE WILD ANIMAL MAKET) United States Natural Gas (UNG) Bank of America Corporation (BAC)
I?m half mad with jet lag, and I haven?t pooped in three days. But I?m back from the magical Land Down Under. It was another one of those incredible, once in a lifetime, bucket list type trips. The highlight was flying my own plane out to a small speck of a coral island 40 miles
The red hot performance of the Mad Hedge Fund Trader?s Trade Alert Service has maintained its blistering pace from last year, picking up another 9.31% profit in the first seven trading weeks of 2014. The Dow Average was down 2.3% during the same period, pegging my outperformance of the index at a stunning 11.6%. Since
In case you missed it, the second hand animal market has crashed. Forced to slash budgets by cash starved municipalities, the nation?s public zoos have been paring back their collections of living exhibits. The Washington Zoo is trying to offload a 7,000 pound hippopotamus; while the San Francisco Zoo is short some tigers after one
Global Market Comments February 24, 2014 Fiat Lux Featured Trade: (FRIDAY APRIL 25 SAN FRANCISCO STRATEGY LUNCHEON), (THINGS ARE HEATING UP IN MEXICO), (BSMX), (EWW), (UMX), (AN AFTERNOON WITH BOONE PICKENS) (UNG), (USO) Grupo Financiero Santander Mexico, S.A.B. de C.V. (BSMX) iShares MSCI Mexico Capped (EWW) ProShares Ultra MSCI Mexico Cppd IMI (UMX) United States
I have fond memories traveling around northern Mexico during the 1950?s. My grandfather used to drive us across the border into Baja in his pickup truck, the back loaded with camping equipment, water, fishing poles, rifles, and shotguns. There was no border control. To eat, we only had to wait for the tide to go
Global Market Comments February 21, 2014 Fiat Lux Featured Trade: (AMERICA?S NATIVE INDIAN ECONOMY), (THE TAX RATE FALLACY)
When I was remodeling my 160-year-old London house, the chimney was in desperate need of attention. After the bricklayer crawled up the fireplace, he found a yellowed and somewhat singed envelope addressed to Santa Claus. Thinking it was placed there by my kids, he handed it over to me. In it was a letter dated
When anyone starts lecturing you that the US has the highest tax rate in the industrialized world, just turn around, walk away, and pretend you never heard of them. This person is either ignorant about this country's taxation system, or is deliberately trying to deceive you. According to a report released by the Internal Revenue
Global Market Comments February 20, 2014 Fiat Lux Featured Trade: (NOTICE TO MILITARY SUBSCRIBERS), (CHINA?S COMING DEMOGRAPHIC NIGHTMARE), (TRIBUTE TO A GIANT OF JOURNALISM, ROY ESSOYAN)
To the dozens of subscribers in Iraq, Afghanistan, and the surrounding ships at sea, thank you for your service! I think it is very wise to use your free time to read my letter and learn about financial markets in preparation for an entry into the financial services when you cash out. Nobody is going
Thanks to China's ?one child only? policy adopted 30 years ago, and a cultural preference for children who grow up to become family safety nets, there are now 32 million more boys under the age of 20 than girls. Large scale interference with the natural male:female ratio has been tracked with some fascination by demographers
Global Market Comments February 19, 2014 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH) (NOT YOUR FATHER?S RAILROADS), (UNP), (CSX), (NSC), (CP), (THE WORST TRADE OF ALL TIME), (GLD) Union Pacific Corporation (UNP) CSX Corp. (CSX) Norfolk Southern Corporation (NSC) Canadian Pacific Railway Limited (CP) SPDR Gold
When I rode Amtrak?s California Zephyr service from Chicago to San Francisco last year, we passed countless trains heading west hauling hoppers full of coal for shipment to China. This year I took the same trip. The coal trains were gone. Instead I saw 100 car long tanker trains transporting crude oil from North Dakota
Global Market Comments February 18, 2014 Fiat Lux Featured Trade: (LAST CHANCE TO ATTEND THE THURSDAY FEBRUARY 20 MELBOURNE, AUSTRALIA STRATEGY LUNCH) (AN EVENING WITH GOVERNMENT MOTORS), (GM), (BUSINESS IS BOOMING AT ROUGH TIMES), (GLD), (SLV), (CCJ), (NLR) General Motors Company (GM) SPDR Gold Shares (GLD) iShares Silver Trust (SLV) Cameco Corporation (CCJ) Market Vectors
Long-term readers of this letter are well aware of my antipathy towards General Motors (GM). For decades, the company turned a deaf ear to customer complaints about shoddy, uncompetitive products, arcane management practices, entitled dealers, and a totally inward looking view of the world that was rapidly globalizing. It was like watching a close friend
Following Howard Ruff for the last 40 years has always been eye opening, if not entertaining. The irascible Mormon is the publisher of Ruff Times, one of the oldest investment letters in the business, and one of the original worshipers of hard assets. Ruff says that any investment denominated in dollars is a mistake, which
Global Market Comments February 14, 2014 Fiat Lux Featured Trade: (SATURDAY FEBRUARY 22 BRISBANE AUSTRALIA STRATEGY LUNCH), (DECODING THE GREEBACK), (THE FUSION IN YOUR FUTURE), (WHAT ABOUT ASSET ALLOCATION?)
Global Market Comments February 13, 2014 Fiat Lux Featured Trade: (THURSDAY FEBRUARY 20 MELBOURNE, AUSTRALIA STRATEGY LUNCH) (THERE ARE NO GURUS), (WATCH OUT FOR THE MILLENNIAL VOTER) (TESTIMONIAL)
Global Market Comments February 12, 2014 Fiat Lux Featured Trade: (GET READY FOR THE NEXT GOLDEN AGE), (SPY), (QQQ), (IWM), (EEM), (KOL), (USO), (UNG), (TSLA), (NSANY), (FXY), (YCS), (FXE) SPDR S&P 500 (SPY) PowerShares QQQ (QQQ) iShares Russell 2000 (IWM) iShares MSCI Emerging Markets (EEM) Market Vectors Coal ETF (KOL) United States Oil (USO) United