One of the reasons the stock market is rallying is that corporations watch out for their owners first, their employees second. That is the way capitalism works and that is why the federal safety net exists and that is why…Continue Reading →
Early mornings, like today, show the importance of the long Gold and Short T-Bond positions. We have made no position changes in any of our portfolios since we added more long gold in the $ 800 area some time ago. …Continue Reading →
One year ago today we started this website. The reason was simple, I saw a set of bubbles that either had already started bursting or were about to burst. I wanted to provide input to family, friends, former hedge fund…Continue Reading →
This could be a Great Day for America, as we all have been hearing for the last three days. But in my opinion it will only happen if Barack takes off the gloves and starts moving outside the box. There…Continue Reading →
CNBC has coined a name for the market action in which the market ignores bad economic data and moves higher on hope of a change. How long can this trade continue and will it survive until change can actually be put in place?…Continue Reading →
The market is going to have a huge bounce over the next 30 to 60 days, somewhere between 40 and 70 percent. Are we out of our mind, maybe, but we don’t think so, and here are some factors that…Continue Reading →
While looking back, it would have been nice if we had gone to all cash when our portfolio NAV hit an all time high on election day, but I was to euphoric to pull the trigger. What has occurred since…Continue Reading →
As to news, two issues are at the forefront today; 1) the age old partisan battle between politicians backing financiers and the labor unions is at the crux of the Detroit loan impasse; and 2) we will see another phase…Continue Reading →
A lame duck President and an inept Treasury Secretary in the midst of a once in 72 year market crash make for a touchy situation. CNBC pundits say this is a time to be cautious, there was a time to…Continue Reading →
# 1 Issue, Energy Initiative Becoming energy independent in 10 years should be the number one priority for a number of obvious reasons: 1) manufacturing jobs, 2) infrastructure jobs and construction, and 3) balance of payments savings. The much…Continue Reading →