Gold has been one of the better-performing asset classes this year. And here’s the good news. It’s only just begun. Cut US dollar interest rates the least, and the greenback takes a hit. That is major gold positive. Trapped in a narrow trading range for three years, the yellow metal has suddenly become everyone’s favorite […]
Category Archives: Diary
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“There is no vaccine for credit losses….bank provisions will be in the trillions,” said bank analyst Chris Whelan.
Global Market Comments June 17, 2025 Fiat Lux Featured Trade: (MARKET OUTLOOK FOR THE WEEK AHEAD, or THE IRAN WAR AND YOUR PORTFOLIO) ($SPX), ($WTIC), (TSLA), (QQQ), (TLT), (BA), (GLD)
If you are worried about the Israel-Iraq war causing a third oil shock and sending your portfolio to the junk yard, you can rest easy. Only a few Israeli attacks targeted Iranian oil facilities. It helps that there is a global oil glut and widespread tax-subsidized overproduction. The Strait of Hormuz remains open, which I […]
“Almost all asset markets are bubbles and mispriced,” said Bill Gross of bond giant PIMCO.
Global Market Comments June 13, 2025 Fiat Lux Featured Trade: (JUNE 11 BIWEEKLY STRATEGY WEBINAR Q&A), (SPX), (TLT), (DE), (SOYB), (USO), (OXY), (XOM), (FXA), (FXE), (FXY), (FXB), (QQQ), (NFLX), (CYB)
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Below, please find subscribers’ Q&A for the June 11 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: Will the LA riots have any impact on the market? A: So far, they have not. The demonstrations have been confined to just a two-block area around the federal building—although on TV, it […]
“The bulls have the run of the table here on oil,” said John Kilduff from Again Capital Partners.
Global Market Comments June 12, 2025 Fiat Lux Featured Trade: (HERE IS YOUR NEXT DECADE LONG PLAY), (CAT), ($COPPER), (FCX), (BHP), (RIO), (TESTIMONIAL)
The urgent question of the day is, WHICH stocks do you buy and forget about for good? The answer is very simple. You buy cheap ones. And what are the cheapest stocks out there? Commodity stocks. My friend, Jim Umpleby, said that we are just entering a ten-year super cycle in commodities. Jim should know. […]