LATEST INSTABLOGS POSTS

  • Quote of the Day
    “I think we’re headed towards VAT taxes. It’s only a question of how long it takes for them to wake up and figure it out. You can’t tax the wealthy enough to close the budget deficit we have,” said Leon Cooperman of hedge fund Omega Advisors.
    Apr. 26, 2011
  • Sino Clean Energy (SCEI) Investigatory Report - Overstated Revenues?
    We recently completed on-the-ground due diligence on Sino Clean Energy (NASDAQ: SCEI) regarding its Tongchuan facility and uncovered what we consider to be substantial misrepresentations by the company about its operations. As originally indicated in an earlier alert, we currently have a short... More »
    Apr. 26, 2011
  • Thanks for the Japanese Red Cross Donation
     It was with great pleasure that I authorized the issuance of a check for $7,800 to the Japan section of the American Red Cross to aid earthquake and tsunami victims. I wish to thank new subscribers who joined the Macro Millionaire mentoring program in March, as it was a portion of their... More »
    Apr. 26, 2011
  • Get Ready for Your Tax Hit
    No matter what anyone promises you today, this week, or this year, your taxes are going up. At $1.3 trillion, the budget deficit is so enormous that bringing it into balance merely through spending cuts is a mathematical impossibility. Chopping funding for Planned Parenthood and National Public... More »
    Apr. 26, 2011
  • Quote of the Day
    “There is an extraordinary amount of crowding out that is occurring as a consequence of the United States Treasury preempting the flow of savings in the economy. Approximately one third of the decline in capital investment as a share of cash flow is directly attributable to the crowding... More »
    Apr. 26, 2011
  • Columbia is Popping Up on My Radar
    My current scenario for global equities has them selling off over the summer, then a rebounding led by emerging markets starting sometime in the fall. In that case you want to start building short lists of high growth countries to pile into, once the turn comes. I would be including Columbia on... More »
    Apr. 26, 2011
  • Is USA Inc. a “SELL?
    What would happen if I recommended a stock that had no profits, was cash flow negative, and had a net worth of negative $44 trillion? Chances are, you would cancel your subscription, demand a refund, de-friend me from you Facebook account, and delete my email address from your address book. Yet... More »
    Apr. 26, 2011
  • Report from Libya
    Over the weekend, I managed to catch up with a friend of mine who just escaped from Libya by the skin of his teeth. Sent there by an oil major to explore for deep water oil and gas in the Gulf of Sidra, he spent the first few weeks of the revolution staying at his home in an expatriate compound... More »
    Apr. 26, 2011
  • Quote of the Day
    “We see a situation going forward over the next few years where policy rates, like the fed funds rate, pick the pockets of investors. They offer a negative return on your money,” said Bill Gross, managing director of bond giant, PIMCO.
    Apr. 26, 2011
  • The End of QE2 is In the Market
    No one has been more negative about the long term outlook for the Treasury bond markets than I. At the rate that we are piling on spending while chopping back on tax revenues, the collapse of the whole house of cards was a mathematical certainty. That’s why my long term target for the... More »
    Apr. 26, 2011