Warning: call_user_func_array() [function.call-user-func-array]: First argument is expected to be a valid callback, '' was given in /home/content/50/8762750/html/wp-includes/class-wp-hook.php on line 298

WE SEE NO REASON TO PANIC

WE SEE NO REASON TO PANIC

We see no reason to panic about the current price declines in stocks, gold and oil.  Our long-term view gives us a different perspective.

Nothing has changed, except for the fact that some highly-levered speculators have been forced to sell by increases in margin requirements.  After the panic has ended, buying opportunities at low prices will abound.  We will write more next week.

Please see the table below for our current and closed recommendation.

Investment

Date

Date

Appreciation / Depreciation


Recommended

Closed

in U.S. Dollars

Commodity Market Recommendations





Corn

4/20/2011

Open

 -4.2%

Gold

6/25/2002

Open

+355.8%

Oil

2/11/2009

Open

+177.70%

Corn

12/31/2008

3/3/2011

+81.0%

Soybeans

12/31/2008

3/3/2011

+44.1%

Wheat

12/31/2008 

3/3/2011 

+35.0% 


Currency

Recommendations





Short

Japanese Yen 

4/6/2011


Open

-6.3%

Long

Singapore Dollar

9/13/2010

Open 

+7.8% 

Long

Thai Baht

9/13/2010

Open

+7.0%

Long

Canadian Dollar

9/13/2010

Open

+6.4%

Long

Swiss Franc

9/13/2010

Open

+15.9%

Long

Brazilian Real

9/13/2010

Open

+5.6%

Long

Chinese Yuan

9/13/2010

Open

+4.0%

Long

Australian Dollar

9/13/2010

Open

+13.3%

Short

Japanese Yen

09/14/2010

10/20/2010

-3.3%

 

Equity Market

Recommendations



 


India

4/6/2011

Open

-7.7%

Malaysia

4/6/2011

Open

-1.9%

Canada

3/24/2011

Open

-3.5%

Colombia


9/13/2010


Half Original Position sold

-0.1%

 

Australia

2/15/2011

Open

+2.9%

Japan

2/15/2011

Open

-6.9%

U.S.

9/9/2010

3/11/2011

+18.1%

Canada

12/16/2010

3/11/2011

+7.9%

South Korea

1/6/2011

3/3/2011

-2.9%

China

9/13/2010

1/27/2011

+5.0%

India

9/13/2010

1/6/2011

+7.9%

Singapore

9/13/2010

12/16/2010

+4.8%

Malaysia

9/13/2010

12/16/2010

+1.3%

Indonesia

9/13/2010

12/16/2010

+9.5%

Thailand

9/13/2010

12/16/2010

+11.9%

Chile

9/13/2010

12/16/2010

+8.9%

Peru

9/13/2010

12/16/2010

+32.2%

 

Bond Market

Recommendations


30 YR Long Term

U.S. Treasury Bond  




08/27/2010

10/20/2010

0.00%