12th July 2009
We continue to be absolutely amazed at how the media glosses over negative news and pumps up any positive news related to the economy. We understand that Americans like to hear good news for the economy, but we cannot believe that the average American rea...
16th February 2009
The news last week was horrible. We had 600,000 more people told that they no longer had a job, taking the official unemployment rate to 7.6%, a 16 year high. There were 626,000 filling out applications for initial unemployment benefits – a 26 year high...
22nd November 2008
We have seen a huge deflation of wealth in both the real estate and stock markets and we feel that on the macro level, the duration of this economic downturn has quite a ways to go yet. This situation is global and is the result of almost 40 years of cred...
05th November 2008
There is a lot of noise suggesting that the bottom is in for the markets. Is it true – we don’t know? But then neither does anyone else. Certainly there are some great buys at these prices and many stocks bought at these prices will be sitting at some...
22nd September 2008
What we witnessed this past week is what the TREND letter has been predicting would happen over 2 years ago – so we cannot be surprised. But whether or not we were surprised, it is still quite numbing when you see such a disaster occur. Last week, we sa...
09th September 2008
From the September 7th issue of the TREND letter
In our August 17th Flash Report, we stated that from our technical work, we could see the markets have one more test of the lows and then, around the first week of October, we could see the markets turn...
03rd September 2008
August 17, 2008 Flash Report
We continue to receive many questions on what is happening in the markets. First we want to revisit a train of thought that we have been talking about for the past couple of months. We know that in October 2002, the equity ...
02nd September 2008
Recent figures now show that the final cost for the sub prime housing crisis is going to be somewhere around the $1.5 - $2 trillion. To get a grip on how big that number is, it is equal to the value of all of the gold ever produced in the past 2000 years...
21st May 2008
Oil keeps hitting record highs, but whenever we see this type of hype, we can expect to see a much needed correction. When we see items become front page news, it is time to look for a serious correction. For example, nobody in the general investment mark...
25th April 2008
Since 2002, the US dollar has depreciated in value by a whopping 40%. The average Joe walking down the street still believes that the dollar that he earned 5 years ago is still worth a dollar. It isn’t – it’s lost 40%! For most Americans, until they...
25th April 2008
In our Global Outlook Forecast we predicted that although we felt that the markets would start turning bullish in the second half of the year, we were expecting some very negative news from the financial sector in April, where we said we would see some se...
