Mish is always a great read but after striking a home run by going into treasuries fall 08 he pretty much missed the entire rebound in the stockmarket, commodities and the weakness of the dollar because 'it's all a headfake deflation is the name of the game..." Hard to know what's going on and making money of of it. He has been and remains to be bulish on gold though so no more badtalking on my part.
................................................................................... Corresponds with my previous posts.... Before ....$70 Trillion economy Now .......$40 Trillion Fed ........$12 Trillion + ?? Will leave $18 Trillion to price all.... Allows for lots of fabrication.... Lots of debt erased.... ie ....how many $40,000 units will GM sell ? not many....
Faber has been telling people to buy stocks all around the world since january 2009 and before... Buy BRICS, technology, industrial commodities excluding gold, oil... http://www.youtube.com/watch?v=xUBp...om/user/misctrader&feature=player_profilepage http://www.youtube.com/watch?v=amcdIixYfOc Seems logical to me he is looking for some hedging given the gains he is sitting on.
Probably the best blog I can think of for Macro Analysis. Together with Rosenberg's daily musings it's an unbeatable combo. I wouldn't look to neither for tradable calls. Just some analytic underpinnings on what to make of the data that is out there.
................................... Correction $28 Trillion..... 28/70's ......lots of fabrication room.....
Two ways to profit from the US dollar http://www.moneyweek.com/investments/currencies-forex-profit-from-a-strong-us-dollar-93307.aspx Today's biggest contrarian bet - the US dollar http://www.moneyweek.com/investments/global-economy-forex-us-dollar-14991.aspx This dollar bullishness is getting out of hand...
http://www.elitetrader.com/vb/showthread.php?threadid=173139 Debt destruction has only just begun....
England is doomed. It's a nation of bullshit banks, spoiled pensioners and diminishing North Sea oil. What a future. I'll make a ridiculous forecast: In 20-30 years, England either joins the Amero (lol) or the Euro. And don't expect either North America or Europe to be fighting over her.
hedge fund or mutual fund redemptions from stock to cash was the main reason for the fast spark spike in the USD. clients withdrawing funds. everybody sold their mutual funds hedge funds closing down and went into cash for client withdrawals. USD is like the safest currencies versus other currencies in preserving value versus other currencies since all currencies are pegged in some way. all this talke about USD a flawed currency and farming by guys like jim rogers is just opinion, in reality the USD currently is still the currency of trade and foreign reserve until that status is taken it's all opinion. and if the USD were to lose foreign reserve status it won't be in like 10 years. which is a long time to wait.