The Geiger says “close down” the USO trade
Email – #58
**The Geiger says “close down” the USO trade
Dear Reader,
On Sept 2nd, we sold “USO – October $29 puts (UBOVC)” for $0.40. At the time, the Geiger suggested that we had a 90.67% probability of success on the trade – meaning we would be able to keep the premium for selling the options without [...]
Winter’s coming and gas is cheap!
Email – #60
**Winter’s coming and gas is cheap!
Dear Reader,
The U.S. economy appears to be improving… winter is approaching… emerging markets are flexing their muscle… and the world wants more clean energy options. All those factors bode well for an increase in one commodity: Natural Gas.
If you follow commodities at all, you’ve noticed something peculiar. Basically, [...]
Washington’s tire tariffs could turbo-charge global money flows.
Dear Reader,
Washington’s tire tariffs could turbo-charge global money flows.
Despite espousing all sorts of anti-protectionist rhetoric in the international arena, the Obama administration decide to slap a 35% tariff on imported tires from China last Friday.
As you can imagine, the Chinese were not too thrilled. Not only does China believe Washington’s actions violate WTO rules, [...]
China’s stimulus appears unstoppable – go long EWT
Email – #59
**China’s stimulus appears unstoppable – go long EWT
Dear Reader,
I once heard legendary trader Dennis Gartman telling a story about one his mentors. In the story, his mentor had been bearish on a particular stock, and for good reason. But one day his mentor changed his stance and suddenly was now long on the [...]
Your October Permanent Wealth Report
Email – #24
**Your October Permanent Wealth Report
Dear Reader,
Hot off the presses – the October Permanent Wealth Report newsletter is now available. This month I found a new Alpha Bulldog for us in the booming mineral market. You won’t want to miss it!
Just click on the link below, and you can read my latest market commentary [...]
China’s economy quiets critics again after posting a 12.3% gain in industrial output, a 15.4% gain in retail sales, and new bank loans that increased to $60.1 billion last week.
Email – #211
**China’s economy quiets critics again after posting a 12.3% gain in industrial output, a 15.4% gain in retail sales, and new bank loans that increased to $60.1 billion last week.
Dear Reader,
This is doing a lot to put a muzzle on the mouths of even the most strident panda-bashers. August industrial output rose 12.3% [...]
In the face of a blossoming worldwide recovery, it’s hard to imagine oil dropping by 18.79% in the next 32 days. We’ll be ready if it does – And set to profit once again even if it doesn’t
Email – #57
**In the face of a blossoming worldwide recovery, it’s hard to imagine oil dropping by 18.79% in the next 32 days. We’ll be ready if it does – And set to profit once again even if it doesn’t
Dear Reader,
There’s no question that worldwide demand for oil is accelerating. Sure the numbers reflect periodic [...]
T minus 5 days and counting until we could collect 66.7% on MMR
Email – #58
**T minus 5 days and counting until we could collect 66.7% on MMR
**Thursday’s Conference Call Information
Dear Reader,
No question about it – oil’s been on a recovery induced tear lately and our covered call position in McMoran Exploration Co. (MMR) has gone right along with it.
We are hard pressed to imagine oil dropping enough [...]
Two New Recommendations
Email – #11
**Gold and Silver Are Looking Strong
**Two New Recommendations
Dear Reader,
I thought last week was an exciting one for gold and silver. This one has been stupendous.
We’ve once again breached the $1000 mark, and as I write this, I can see that gold has even traded through the $1012 level at one point.
When I [...]
On a sad remembrance day, the market softens, but our plays stay strong
Email – #286
**On a sad remembrance day, the market softens, but our plays stay strong
Dear Reader,
The rain appropriately fell this morning, over New York’s Ground Zero, as the nation remembered the severe loss of life in the 9/11 World Trade Center attacks. As the bagpipes wept with the families and colleagues of the victims, all [...]
