By Rick Pendergraft (Editor’s Note: Over the next few weeks the League of Power will be running a special and timely series from master trading expert Rick Pendergraft. You may recognize Rick from his numerous appearances on CNBC, Bloomberg and [...]
February 18, 2013
Freedom by Friday
A few issues back I wrote to you about “chaos-stan”, referring to the area of the world that is in turmoil today, and the area that we should be paying particularly close attention to. My number one concern was Pakistan, [...]
I was looking through the archives and noted that we’ve been bullish on gold, and silver for many, many months. Our conviction has led you to make enormous profits had you followed through on our advice. Today, however, I must [...]
Global interest rates are rising in anticipation of inflationary pressures ahead. There are two major non-participants in this story. The first is Japan, which is adding liquidity to counter the economic devastation in the wake of last month’s earthquake/tsunami/nuclear event. [...]
The news has been dominated by events in Egypt where the populous is trying to oust strongman Hosni Mubarak. This follows the ouster of Tunisian strongman Ben Ali. It’s wonderful to see these regimes topple. But, it’s not so good [...]
February 7, 2011
Freedom by Friday
A few weeks ago I wrote about the impending crash in the muni markets. We’ve seen the first leg down already as Muni costs are far above those of Treasuries. But, that second leg down, the one after which it [...]
January 17, 2011
Freedom by Friday
QE II Funny how Wall Street and the media come up with funny acronyms for serious problems. The latest is QE II. Not the cruise ship operated by Cunard, not Queen Elizabeth the second of England, no QE II refers [...]
October 18, 2010
Freedom by Friday
As I write this the S&P has rallied by almost 6% in just a few trading days. Get used to it. In an environment of uncertainty rallies and plunges are the norm. Two weeks ago things could not get much [...]
September 13, 2010
Freedom by Friday
Slow Growth Ahead…Let’s Hope So! GDP numbers came in last week. Growth was slower than expected at 2.4%. Nothing to write home about but not surprising if you have been reading this column of late. In fact, I don’t even [...]
Rumor has it that the economy is slowing down. It must be just a rumor since the market went on a tear the week before last. In these very pages I wrote that a recovery is not possible without two [...]