Inflation has been the story…
The International Monetary Fund's prediction…
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.…
When the Dow crashed 514 points on August 8, the market lost a staggering $850 billion in market capitalization. High frequency traders were possibly responsible for half of this move,…
Down, then up, then down again. How about that? I believe that the global risk markets will bottom sooner than people think, and that the time has come to compile…
Commodity markets lost more than $16 billion in value during last week’s selloff, Reuters reported in a special report. Equity and commodity markets plunged…
Take a look at the chart for the emerging market ETF (EEM) below and you will be surprised to see how well it has held up in the recent collapse.…
I believe that the risk markets are discounting a recession that isn’t going to happen. Not yet, anyway. So I am going to start adding some small, limited risk call…
When I went to bed late last night, the (SPX) was trading down 30 points, and I was thinking “here we go again”. When I woke up, the market was…
There has been a lot of growth over the last decade in funds that take long positions in commodity futures contracts in order to offer investors an asset that follows…
I don’t think that we are going into recession immediately. I believe that we can eke out a few more quarters of 2% ish type growth before we put in…
At long last, after months of warnings, leaks, hand wringing, and speculation, Standard and Poor’s has at last downgraded US Treasury bonds a notch to AA+. The change was the…
What to say about Thursday’s market? The “RISK OFF” trade had its finest hour. The Dow average WAS down 512 points, NASDAQ (QQQ) cratered by 135 points, oil (USO) was…