Note from editor: As explained yesterday, our predictions for 2014 are rolling ones, but I thought I’d put a gun to Banker X’s head and ask him to tell us what he sees coming… There’s no lack of excitement on my part when it comes to following the developments from the insiders on Wall Street […]
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It’s around this time of year that stock market commentators and experts put out a forecast for the next year ahead. They do that because they want to sound clever, but you only need to think back to their predictions a year ago to know that they more often than not end up with egg […]
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Note from editor: Please take your time and read this one slowly- this is first hand intelligence from a serious analyst who gives you an insight into how the big players work… A closed end fund is like a gift basket. Each of the items in the basket can be purchased individually and the total […]
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One year-end habit of mine is re-reading books that I found particularly helpful or inspirational. Stephen Covey’s The Seven Habits of Highly Effective People, bestseller for five consecutive years is a good place to start. I think part of this self-help book’s wide influence was its crossover appeal to business executives hungry for simple and […]
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The IPO craze is in full bloom and you’re the sucker waiting to be fleeced by the Wall Street advertising machine. It’s beyond me how people constantly get suckered into all manner of Initial Public Offerings (IPOs) based on the numbers that are put out by the very sellers of those dreams. You hear about […]
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Last week I said I strongly doubted The Fed would begin tapering when they met on Wednesday. I was wrong. But it didn’t matter because the market, oddly, gunned higher anyway. And when you look at the reasons why the market did that you may understand why I was right as well as wrong… The […]
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What if when you woke up today your bank account had been cleaned out? You ask your banker why your balance reads ‘zero’, and he tells you that the government took the money in order to pay their national debts. Farfetched? It seems conveniently forgotten now, but only back in March a western, sophisticated democracy […]
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Jim: Hi Adam. First let me thank you for recently making a couple of great calls for our readers recently regarding Apple and Facebook- both stocks flying. Adam: Pleasure… Jim: Next, of course, The Fed’s meeting. Your thoughts, what it really means under the surface, and how can we profit?
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Have you seen the recent videos of the robots developed by Boston Dynamics – a company just recently acquired by Google? They are both fascinating and a bit creepy but definitely a picture of coming attractions. In the futuristic television hit series “The Jetsons” launched in 1962, the goal of the creators was to imagine […]
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If you’re looking for lifelong income, you can bet the annuity industry has your number. The pitch is easy – plunk down your hard earned cash and we’ll give you an income stream for as long as you live. Of course, you do realize that a big chunk of that income stream that you will […]
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Last week I explained how there could well be more pullbacks lurking out there, and how that would be healthy as long as the markets stayed above their new area of support, their ‘floor’. Low and behold, we had that pull back- a rough week for sure as chatter about The Fed easing up on […]
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Even more than gold, silver can be quite volatile – up and down. I am no silver expert but I believe the case for investing in silver is getting stronger day by day. While silver share prices have sharply pulled back with the silver ETF down 36% so far in 2013, the big picture of […]
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It’s clear that 2014 is seeing strong growth in online sales but that isn’t new news. If it was, companies like UPS would not have traded up 20% heading into the Christmas season as they shipped all those products. What investors may be missing though is what I call ‘the derivative trade’, and you can […]
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Texas Eagle Ford Shale: One Million Barrels Per Day… and Counting Oil production in Texas is on fire (figuratively of course). According to data recently released by the Energy Information Administration (EIA), Texas’ September production was more than 2.7 million barrels of oil per day. That’s more than double the Lone Star State’s output of […]
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The old adage “if it’s too good to be true, it probably is” rings true when it comes to many Master Limited Partnerships (MLP) in the energy sector. You can separate the wheat from the chaff based on how big the dividend yields are. These partnerships were set up to pay investors a fat juicy […]
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As I explained last Friday, the markets were at an important juncture, and I showed you this chart, explaining that what we were expecting the see next was a bounce off of the new ‘floor’ for the Dow Jones: So let’s look at what happened next, what it means, and how you can benefit from […]
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If you’re silly enough to listen to all the noise in the mainstream financial media, you’ll often hear them try to link market moves to the news, assumptions in other words. The current jabbering seems to revolve around whether the government will legally counterfeit less money in December or not. Unbelievable. If you take a […]
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When I was with a Wall Street firm it was very common for stockbrokers to make fun of investors focused on income. In the old days many bonds came with coupons that investors clipped and then cashed. Nothing was worse than to be labeled a “coupon clipper” But with bond interest rates at record lows […]
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The fiasco that is the Affordable Care Act or Obamacare is receiving criticism from all side because of technical issues related to the website that people must use to sign up for the program. Those who are trying to sign up for coverage or being forced to choose are finding out the hard way, that […]
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Imagine going from 9th grade dropout to pumping gas to billionaire tycoon. In many ways, David H. Murdock’s larger than life story similar to many of the tycoons I have profiled with the end goal of unlocking their tremendous and surprising wealth secrets.
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It wasn’t that long ago when Saudi Arabia and the other members of the Organization of Petroleum Exporting Countries (OPEC) held the U.S. hostage over oil. Not anymore. We’ve gone from groveling – at least when it comes to oil – to thumbing our noses at them. It all changed in less than a decade. […]
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