Harry Schultz of the International Harry Schultz Letter is saying that the deflation he sees in the world economy today must work through and out of the system before the gold price will make a decisive move. Schultz is highly acclaimed in his prognostication, however 2008 was a pretty bad year for him.
While I will [...]

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Christmas Day, 2008
I wish each and every one of you a happy and safe Holiday season!
I do so with the sad realization that for some that is easier than
for others. It’s been quite a year.
Few people are rejoicing at the results of their year, especially
investment-wise.
For those of us who have some profits from shorting the [...]

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SELL!
Can we be any more clear than that?
Richard Russell commented on two charts of the U.S. Dollar, and everyone is printing that. I want to do more than just reprint it here. (In case you didn’t see it elsewhere, the Dollar has put in a classic head and shoulders top AND broken below an important [...]

Continue reading " Richard Russell Gives Advice On The U.S. Dollar "

Dennis Gartman spent a few minutes on Al Korelin’s radio show talking about gold and it’s future price. Dennis Gartman disagrees with the typical guest on Al’s show. Dennis is comfortable being short of gold and feels the near term price is down.
In fact, continuing to be at odds with other guests of the Korelin [...]

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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 "

Well it didn’t take long for Dennis Gartman to throw in the towel on his “2 units” of gold that he recently went long with.
Dennis just doesn’t see any value in gold for the time being, all anyone wants is U.S. Dollars. And from what I can see, Uncle Hussein (or wait, not yet) is [...]

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I just read Stratfor’s 4th quarter projection courtesy of John Mauldin’s newsletter.
These people are very sharp and have a respected track record.
When it comes to geo-political stuff all I can do is read it; I certainly can’t take issue with their analysis other than to say that the Israeli contact I just met with personally [...]

Continue reading " Stratfor Sees Short U.S. Recession "

the TREND letter ($50 discount through this link only!) issued a flash report this evening; one of the key benefits to subscribing to this fantastic financial newsletter.
Will we see inflation or deflation?
The topic of inflation versus deflation is discussed again in today’s flash report. There are great arguments on both sides, but I feel the [...]

Continue reading " The Trend Letter Flash Report – Is There Any Good News? "

I had breakfast today with a couple of businessmen from Miami, Florida. When I asked the occupations of the men, one replied that he was in real estate for 23 years; now he is “looking around”.
He painted a picture in the air with his finger of a typical condominium building of say, 100 units. “When [...]

Continue reading " Miami Real Estate – Lots of Vacancies "