MicroStrategy is the world's largest…
Gold soars to record highs…
I had a neighbour who had a method for market timing. It was physical.She told me that she knew it was time to sell a stock when she…
Much of the fury in this morning's nearly 60 point "melt up" opening in the Dow was generated by hedge funds panicking to cover shorts. Convinced of the imminent collapse…
Over the last two months, I have witnessed one of the least convincing rallies in the US stock market in recent memory. Looking at the chart for the S&P 500…
Stocks have been down five days in a row. 'Sell in May and go away' is working yet again. The news out of Europe just seems to get worse with…
The call was scratchy and barely audible. I was instructed to not mention any names. I should only use the prearranged code words when talking about political parties. You never…
Panic is on deck, to use the baseball terminology that my foreign readers are often attempting to decipher. That is the only conclusion one can reach after getting gob smacked…
If I were to stake you $50,000 and set you loose in the world's largest casino, you might try your luck in a big way at a number of games…
UK banking regulators and the representatives of major banks intensified their discussions on new and more rigid regulatory scheme concerning the setting and calculating the British Bankers Association's London InterBank…
It is already January 24, and the S&P 500 has seen a grand total of two down days so far in 2012. Are we on the eve of one of…
After the peaceful 1991 collapse of the USSR foreigner investors flooded into the former Soviet Union, seeking deals. The majority of foreign capital was directed at the post-Soviet space's hydrocarbon…
Without question, the oil stocks that have made me the biggest profits have been junior oil companies with international plays. Companies like Xcite Energy, (XEL-TSXv) which went from 62 cents…
The "New Class" in an old, popular investment vehicle Part 1: A Comeback in the Making? The income trust game is back - just in a different form.
This is my favorite asset class for the next decade, as investors increasingly catch on to the secular move out of paper assets into hard ones. Don’t buy anything that…
I’m sitting here with a mountain of technical analysis reports that are causing my desk to buckle this morning, all shouting “breakout”, “buy”, and “uptrend”. So I’m wondering, “is there…
The financial markets exploded to the upside overnight with news of Europe’s triple resolution of their sovereign debt crisis. As I predicted in my letter only yesterday, the move has…
It has been quite a hectic and frenetic day, so I am just getting around to writing out the logic behind today’s short cover of my November (VIX) $35 puts.…
What a quarter that was! Q3, 2011, will go down in the history books as one of the worst in market history, and certainly one of the most volatile. 1929,…
Although stocks around the globe appear to be expecting the Eurozone to produce a game changing plan involving a leveraged, TARP-like approach, not all investors are convinced that Europe is…
With oil having bounced $5.50 over the last couple of days, I am going to flip back to the short side for several reasons, not all of which have to…
Long term readers of this letter know that I have long been banging away on the fact that the world is making people faster than the food to feed them.…