My mother lives in Pakistan, my daughter in Greece, and I have a ski chalet in Peru. What’s more, I have strategy luncheons planned for Australia, Thailand, and Turkey. At least these would be my conclusions after looking at a map prepared by my esteemed former employer, The Economist magazine in London, of the United […]
Occasionally, I get a call from Concierge members asking what to do when their short positions or options are assigned or called away. The answer was very simple: fall down on your knees and thank your lucky stars. You have just made the maximum possible profit for your position instantly. We have the good fortune […]
When I was in Ukraine, the air raid sirens used to go off every night exactly at 2:00 AM. The Russian goal was to deprive the civilian population of sleep and to make their lives miserable. It was also when the country was least able to defend itself. You knew the missiles were on the […]
If demographics are destiny, then America’s future looks bleak. You see, they’re just not making Americans anymore. At least that is the sobering conclusion of the latest Economist magazine survey of the global demographic picture. I have long been a fan of demographic investing, which creates opportunities for traders to execute on what I call […]
We certainly are having to work hard for our crust of bread in the stock market this year. April brought us the fastest downturn in stocks in 16 years, immediately followed by the sharpest upturn in 21 years. It’s like running for a treadmill heart test, but a sadistic doctor keeps raising the angle of […]
Below, please find subscribers’ Q&A for the April 30 Mad Hedge Fund Trader Global Strategy Webinar, broadcast from Incline Village, NV. Q: Why is the Australian dollar not moving against the US dollar as much as the other currencies? A: Australia is too closely tied to the Chinese economy (FXI), which is now weak. When […]
A significant proportion of my Mad Hedge subscribers are either retired or are about to do so. I have therefore gained from them a lot of valuable information about how retirees can best manage their financial resources, as well as the worst mistakes they commit, which I thought I might pass on. I have also […]
I like to start out my day by calling readers on the US east coast and Europe, asking how they like the service, are there any ways I can improve the service, and what topics would they like me to write about. After all, at 5:00 AM Pacific time, they are the only ones around. […]
A huge new buyer may eventually enter the gold market. That could be a year off, maybe two, or three at the most. I’ll give you a hint who: your taxes will pay for it. If true, it could send the price of the barbarous relic soaring above $5,000, or even $50,000 an ounce, a […]
Last week, a concierge customer asked me an excellent question. Having correctly called the top in this market to the hour, what would it take for me to go all in on the long side and get maximum bullish? With everyone now laser-focused on downside risks, which was really a last February game, I thought […]
