One of the reasons for the extreme sell off in precious metals stocks, especially junior resource stocks trading on the Canadian exchanges, is tax loss selling.
Now I wonder why people are so interested in selling for a loss in a year when I’m betting many of those investors have no profits to offset (my profits [...]

Continue reading " Why Tax Loss Selling of Precious Metals Stocks is More Than You Think "

Last night the TREND letter ($50 discount through this link only!) issued another Flash Report with information to help subscribers navigate these treacherous market waters.
Here are a couple of quotes:
Another serious factor that we are very focused on is the impact of hedge funds. From what we can determine there is currently approximately $400 billion [...]

Continue reading " The Trend Letter Flash Report for November 16 "

[Note: This is NOT investment advice, just my opinions. Please consult a registered investment advisor before placing trades or investing.]
Step 1 - Evaluate Your Situation
If you are reading this I presume your portfolio, whether regular, 401(k), IRA or some other pension has been decimated - possibly literally (1/10 it’s previous value).
How did you get here? [...]

Continue reading " What To Do Now That Your Portfolio Is In Ruins - Part 1 "

If you aren’t busy packing your belongings to move out of the Late Great U.S.A. (soon to be known as Oh-Bama-ville), then you might be wondering what to think about the ridiculously low priced gold and silver stocks; is now the time to buy, sell or stand aside?
Special Category of Financial Newsletter
Some of the most [...]

Continue reading " November International Speculator Details Gold Stocks to Buy "

Legendary investor Warren Buffett of the behemoth Berkshire Hathaway investment conglomerate has told news agencies that he is buying U.S. stocks.
Buffett claims he is being greedy when others are fearful, just as he is fearful when others are greedy.
He feels that he U.S. will recover and in years to come the major companies will again [...]

Continue reading " Warren Buffett Says He Is Buying U.S. Stocks "

A couple of days ago Jim Cramer was on his show telling us to “sell everything”. I had to take that approach (and am poorer because of it) especially since I can see the market turn around and head to the moon just after my last sell ticket is filled.
When the market is taking a [...]

Continue reading " Was Jim Cramer Right? "

Richard Russell has a first rate reputation as a financial guru. An Octogenarian he still is a hard worker and astute market observer.
Not only did he foresee the current financial crisis some time ago, he counseled investors through his newsletter to be acquiring gold in their portfolios.
Now, Richard Russell is saying that the depths of [...]

Continue reading " Richard Russell Sees $30,000 Gold Possible "

I have to give credit where credit is due.
The President’s Working Group, otherwise known as the Plunge Protection Team (PPT) did a spectacular job today in letting the market blow off steam to a loss of almost 800 points at one time and then rally the market back in the last half hour or so [...]

Continue reading " President’s Working Group (PPT) Get A+ For Today’s Action "

Knock Three Times isn’t just a song from Tony Orlando and Dawn, it’s a trading principle that helped me decide how to play the stock market today; twice.
The market has shown resiliency at 10,400 on the Dow twice previously. When it was there today I had to call to mind what I learned in a [...]

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Jim Rogers hasn’t given up on commodities, but he has given up on the U.S. Dollar. Jim said yesterday that he is using the current dollar rally to sell his dollar holdings.
“Commodity prices will go up whether governments impose controls or not as there is a serious supply-side problem.”
Jim doesn’t feel that governments and politicians [...]

Continue reading " Jim Rogers on Government Intervention, Commodities and the Dollar "