Following Howard Ruff for the last 35 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 April 18, 2013 Fiat Lux Featured Trade: (APRIL 19 CHICAGO STRATEGY LUNCHEON), (NOTICE TO MILITARY SUBSCRIBERS), (CHINA?S COMING DEMOGRAPHIC NIGHTMARE), (THE TECHNOLOGY NIGHTMARE COMING TO YOUR CITY)
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Chicago on Friday, April 19. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I?ll be giving you my up to date view on stocks, bonds, foreign
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 muster 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
I tell people at my strategy luncheons that living in the San Francisco Bay area is like living in the future. There is an explosion of high tech innovation going on here, and we locals often find ourselves the guinea pigs for the latest hot products. However, sometimes the future is not such a great
Global Market Comments April 17, 2013 Fiat Lux Featured Trade: (AMERICA?S DEMOGRAPHIC TIME BOMB), (TRIBUTE TO A GIANT OF JOURNALISM, ROY ESSOYAN)
Global Market Comments April 16, 2013 Fiat Lux Featured Trade: (MAY 8 LAS VEGAS STRATEGY LUNCHEON), (BIDDING FOR THE STARS), (DOW AVERAGE), (SPY), (AN EVENING WITH TRAVEL GURU ARTHUR FROMMER), (HAPPY BIRTHDAY IRS!) SPDR S&P 500 ETF Trust (SPY)
Come join me for the lunch at the Mad Hedge Fund Trader's Global Strategy Update, which I will be conducting in Las Vegas, Nevada on Wednesday, May 8, 2013. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer period. I?ll be giving you my up to date view
A few years ago, I went to a charity fundraiser at San Francisco?s priciest jewelry store, Shreve & Co. The well-heeled masters of the universe bid for dates with the local high society beauties, dripping in diamonds and Channel No. 5. Well fueled with champagne, I jumped into a spirited bidding war over one of
Travel guru, Arthur Frommer, says that now is the best time to travel in 20 years, thanks to a combination of a strong dollar and desperate price-cutting forced by the recession. Three years after oil hit an historic peak at $148/barrel, when $500 fuel surcharges abounded, and the demise of the travel industry was widely
Some taxpayers have been sending birthday cards in with their tax returns this year. That?s because the International Revenue Service, the collector of America?s tax revenues, is 100 years old this week. Although the wealthy have been paying income taxes since the 1861-65 Civil War, they did not apply to the rest of us until
Global Market Comments April 15, 2013 Fiat Lux Featured Trade: (GOLD: NEXT STOP $1,250!), (GLD), (GDX), (SLV), (PPLT), (PALL), (USO), (CU), (FXY), (APRIL 17 GLOBAL STRATEGY WEBINAR), (APRIL 19 CHICAGO STRATEGY LUNCHEON), (SIGN UP NOW FOR TEXT MESSAGING OF TRADE ALERTS) SPDR Gold Shares (GLD) Market Vectors Gold Miners ETF (GDX) iShares Silver Trust (SLV)
Sometimes, the best trades are the ones you don?t do. I actually wrote up a Trade Alert to buy gold on Thursday, figuring that it would bounce the first time it hit my downside target of $1,500. But then I scanned the entire hard asset landscape, and saw that everything was selling off huge; silver
Come join me for lunch for the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in Chicago on Friday, April 19. A three-course lunch will be followed by a PowerPoint presentation and an extended question and answer period. I?ll be giving you my up to date view on stocks, bonds, foreign
Global Market Comments April 12, 2013 Fiat Lux Featured Trade: (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 Corp. (NSC) Canadian Pacific Railway Limited (CP) SPDR Gold Shares (GLD)
One of the great asset management blunders of all time has to be the European Community?s decision to sell its gold reserves in the wake of the launch of the Euro in 1998. The decision led to the fairly rapid sale of 3,800 tons of the yellow metal at an average price of $280/ounce, reaping
Global Market Comments April 11, 2013 Fiat Lux Featured Trade: (APRIL 12 SAN FRANCISCO STRATEGY LUNCHEON), (JAPANESE CASH TSUNAMI HITS US), (SPY), (DXJ), (BAC), (AAPL), (TBT), (TLT), (GLD), (SLV) (TURKEY IS ON THE MENU), (TUR), (TKC) SPDR S&P 500 (SPY) WisdomTree Japan Hedged Equity (DXJ) Bank of America Corporation (BAC) Apple Inc. (AAPL) ProShares UltraShort
Come join me for lunch at the Mad Hedge Fund Trader?s Global Strategy Update, which I will be conducting in San Francisco on Friday, April 12, 2013. An excellent meal will be followed by a wide-ranging discussion and an extended question and answer period. I?ll be giving you my up to date view on stocks,
When Japanese central bank governor, Haruhiko Kuroda, announced the most aggressive monetary stimulus program in history last week, he no doubt expected Tokyo share prices to head for the moon. In that, he has succeeded admirably, the yen hedged Japanese equity ETF (DXJ) soaring by 13.4% in the five trading days since he lobbed his