Blog Update Last Thursday our webmaster attempted to upgrade our blog to the latest software level and in the process encountered difficulties. As such we had to retrieve our blog posts from the last four years from backup files. The…Continue Reading →
Jamie Dimon and Chancellor Merkle got a slap in the face the last few days. One was the face of de-regulation and one was the face of European austerity. This changes things in a significant way. The Administration is finally…Continue Reading →
A gold close under 1688 will start the second leg down since the September 2011 highs. The dollar is asserting itself. No change in our long term views. Short Gold. Long Dollar Bearish on commodities but no positions. A little…Continue Reading →
Ben must have stayed awake many nights to try and figure out how to setup yesterdays releases and interviews. My clue is an old saying “a guy with a gun who says don’t mess with me, I have more bullets”…Continue Reading →
This has been a busy week for us. We covered a 200 percent short stock position ( leveraged short ETF’s) , built our short gold position to 30 percent, added to our long dollar position which now is around 10 percent,…Continue Reading →
Why did the market yawn yesterday? I think what we outlined in yesterdays blog is behind it. The Tea Party is playing hardball and the Obama Administration is playing softball. Obama’s speech said the right things but then towards the…Continue Reading →
I’m back from a weeks vacation and it would appear that Obama and the Democrats are going to cave in to the right wing nut jobs who have paralysed the markets. In spite of his (Obama’s) rhetoric “if not now, When” his…Continue Reading →
I am still putting together our ideas and projections for 2011 which should come out mid-month. In the meantime lets take a look at the markets from a micro viewpoint. As we mentioned on Tuesday, the markets are working against…Continue Reading →
There is too much company in the QE 2 play. In Reading Greg Weldon’s letter last night, part of John Mauldin’s Outside the Box series, it becomes apparent that there is too much company in the long bond trade that…Continue Reading →
Here is an update of the returns for our Aggressive and Conservative Portfolios as well as the S&P 500 market for the period of June 2002 to date based on our performance on the Marketocracy Fund site and the positions…Continue Reading →