Category: Financial Markets

Why Jim Rogers is Wrong

“If you’ve got young people who don’t know what to do, I’d urge them not to get MBAs, but to get agriculture degrees,” – Jim Rogers “All your viewers who got MBAs made a terrible mistake; they should try to exchange them for farming degrees or mining degrees”. – Jim

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The Implications of “Red Monday”

Regular readers will have been very well positioned to take advantage of what is happening in emerging markets and specifically currencies as we can see from the fairly dramatic chart below. We’ve been positioning for a USD bull run for some time now. Back in October we made the call

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What is China’s Banking System Telling Us?

The more we look at the Chinese renminbi the more convinced we become that the next serious move will be to the downside and that this will more than likely occur sooner rather than later. Last month I wrote an article “The World’s Biggest Asymmetric Trade Just Got Bigger”. This is

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The World’s Biggest Asymmetric Trade Just Got Bigger

Ten days ago China cut interest rates in an effort to free up credit and stimulate the economy. This is unlikely to have much of a positive effect on economic growth in China. Rather it is likely to compound the big problem that the Chinese currently face: exports becoming increasingly uncompetitive.

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Stability vs Opportunity

Bernie Madoff promised investors above average, consistent year after year mathematically impossible returns. Investors fell for the high returns but what they REALLY fell for was the apparent consistency. The stability or returns, the certainty. Bond funds appeal to investors because they offer stable returns each year. Quantifiable and certain.

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Will the Dollar Bull Market Catch You by Surprise?

A bull market in the US Dollar is underway and its magnitude and duration are likely to catch everyone by surprise. I believe it isn’t out of the question for the USD Index to advance by at least 50% within the next 5 years. If this forecast proves correct, there

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Did Someone Say Deleveraging?

For reference I should mention that I recently wrote about debt in a post titled Debt Chart Porn, and we are about to mail out our comprehensive debt report to our registered readers. All of this has led me to thinking a lot about debt and the state of the world

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