ken wender

Hedge Fund Manager's Notebook: Blood on the Streets - Buy Russia

I hope some of you are young. You will see Russia self implode over the next 40 years. They are losing 700,000 folks every year. The population based studies agree on the fact that Russian population will be only
100 million in 40 years. We, the good old USA will be at 500 million. As for investing in Russia, if you like investing in a criminal enterprise (Putin and his friends own 50 billion dollars of Russian stocks) you are free to do so. I am married to Russian and have been to Russia 15 times. Outside of Moscow and St, Petersburg this country is in terrible shape.

The Brightest Stars in the Commodities Boom, Part I

The chart of SWC looks liked warmed over death

Black Gold or Yellow Gold?

We are in a terrible situation. Some of the folks that have oil and gas hate us (middle east) and some are just jealous (Mr. Putin and his buddies). A Congress that is just broken on energy policy, that refuses to let our companies drill. Oil prices in the short term can go hard in either direction but long term the price must move higher. I am long DBO, USO,DBC UNG and have been since 12/15/07. All markets have corrections, and there is VERY strong for oil at $120.