Translate

Search This Blog

Search Tool




Dec 22, 2009

Gata Dispatches:Gene Arensberg: Commercial traders hugely short the dollar


MERRY CHRISTMAS AND THE BEST IN 2010
FERNANDO GUZMÁN CAVERO 
FGC BOLSA - FGC FINANCIAL MARKETS
 
 

Gene Arensberg: Commercial traders hugely short the dollar


9:36p ET Tuesday, December 22, 2009
Dear Friend of GATA and Gold (and Silver):
Gene Arensberg's latest "Got Gold Report" for Brien Lundin's Gold Newsletter, excerpted in the clear at Stockhouse, discloses that big commercial traders have just gone short the U.S. dollar. Arensberg's report is headlined "ICE Commercial Traders Hugely Short the Greenback" and you can find it at Stockhouse here:
http://www.stockhouse.com/Columnists/2009/Dec/22/Got-Gold-Report--ICE-co...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Join GATA here:
Vancouver Resource Investment Conference
Sunday and Monday, January 17 and 18, 2010
Hyatt and Fairmont Conference Hotels
Vancouver, British Columbia, Canada
http://www.cambridgeconferences.com/index.php/vancouver-resource-investm...

Phoenix Resource Investment Conference
Thursday and Friday, February 4 and 5, 2010
Renaissance Glendale Hotel and Spa
Glendale, Arizona
http://www.cambridgeconferences.com/index.php/phoenix-resource-investmen...

* * *
Support GATA by purchasing a colorful GATA T-shirt:
http://gata.org/tshirts
Or a colorful poster of GATA's full-page ad in The Wall Street Journal on January 31, 2009:
http://www.cartserver.com/sc/cart.cgi
Or a video disc of GATA's 2005 Gold Rush 21 conference in the Yukon:
http://www.goldrush21.com/
* * *
Help keep GATA going
GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:
http://www.gata.org
To contribute to GATA, please visit:

http://www.gata.org/node/16

MarketWatch:Tuesday Personal Finance Stories...DO NOT MISS THEM!!!


MERRY CHRISTMAS AND THE BEST IN 2010
FERNANDO GUZMÁN CAVERO 
FGC BOLSA - FGC FINANCIAL MARKETS






Tuesday's Personal Finance stories

By MarketWatch





Don't miss these top stories:

This is the time of year when financial gurus, not to mention the financial media, look backward and forward, to reflect on the investing year -- or in the case of this year the investing decade as well -- and predict what lies ahead. The only thing you can be sure of with all this analysis is that by and large it is baloney.

Sure, go out and stuff your stockings with this magazine's "10 top fund for the next 10 years" or that Web site's "Where to put your money in 2010." They can be amusing. Just don't act on them. Take a popular media-hyped portfolio from 1999 consisting of gems such as AOL, MCI WorldCom, Lucent and Texas Instruments. Today you'd be down about 67%.

In fairness, all these stories -- and that includes similar ones on MarketWatch -- attempt to cull good ideas from professional traders and money managers and give you food for thought. But your decisions have to be your own, and fit your portfolio strategies and goals, and not simply reflect a blind acceptance of any prognosticator -- none of whom gets it right even the majority of the time.

Still, it's hard to resist eyeing those lists. You just don't want to be staring at a train wreck.

-- Steve Kerch, assistant managing editor/personal finance

INVESTING

Hot stocks for a new decade? Wait a minute

Beware of lists of top stocks: If you followed most conventional advice 10 years ago you would have lost money.
See Brett Arends.


Low returns normal? Don't buy the hoax

New normal? Yes, "New Normal." No more double-digit returns, says Pimco's Bill Gross. Cut your "expectations in half." What's left? Not much, maybe 5%-6% returns. Ouch. How long? Maybe you'll never be able to retire?
See Paul B. Farrell.


A look back at 2009's best market sectors

This is the time of year when people send each other cards with notes inside highlighting selected family doings. In that spirit, here is my year-end wrap-up note.
See John Prestbo's Indexed Investor.


Goodbye to the zeroes

It was the worst of times, and it was the worst of times. Say goodbye, and good riddance, to the Zeroes. For ordinary American investors this was the worst decade on record -- even worse than the 1930s, says Standard & Poor's analyst Howard Silverblatt. In real purchasing power terms, someone who invested in the market index ten years ago has lost nearly a third of their money.
See Brett Arends.


Ten best and worst stocks of 2009

Given the recession-marred year and the battering the U.S. stock market took in 2008, it should come as little surprise that many of the current year's best-performing stocks are comeback stories.
See Year in Review.


Most newsletters on Honor Roll are bullish for new year

I normally don't put too much weight in the year-ahead forecasts that investment advisers circulate every December. But I make an exception when it comes to the newsletters on the Hulbert Financial Digest's Newsletter Honor Roll for 2010. Making it onto that Honor Roll requires jumping over a number of demanding hurdles; merely beating the market won't do. Instead, to make it onto the Honor Roll, a newsletter had to have above-average performance both in up and down markets.
See Mark Hulbert.


Will 12b-1 fees ever stop bugging investors?

Will the little fee that eats away at mutual funds finally disappear? Earlier this month, Securities and Exchange Commission Chairman Mary Schapiro declared that "we must critically rethink how 12b-1 fees are used and whether they continue to be appropriate."
See Jason Zweig.


HEALTH CARE

Flu, reform debate dominate the year in health care

Whether they wanted to or not, many Americans learned a lot about the state of their health care this year. High unemployment, the swine-flu pandemic and growing political momentum for a health-system overhaul made 2009 a high-stakes year for health care, with 2010 poised to carry on a few big themes.
See Vital Signs.


FAMILY FINANCE

How to keep the baby-clothes budget hemmed in

Eve is finally growing out of all the gifts and for the first time I'm going to have to start spending entirely out of my own pocket to dress her.
See Diary of a Recession Baby.


REAL ESTATE

Advocates eye new plan for jobless borrowers

With the nation's jobless making up a major part of future home foreclosures, advocacy groups are meeting with top Obama administration officials to seek ways to help keep the growing wave of unemployed borrowers in their homes.
See Real Estate.


Sales of existing homes surge for third straight month, NAR says

Home buyers in November rushed to qualify for what they thought would be an expiring federal tax credit, boosting resales of U.S. homes by 7.4% to a 6.54 million seasonally adjusted annual rate, the National Association of Realtors reported Tuesday.
See Economic Report.


HOLIDAY GIFT GUIDE

These items shouldn't be on anyone's gift list

In the battle between new and old media -- at least, in Apple's App Store -- traditional media are losing. There are items that shouldn't be on anyone's holiday gift list. J.C. Penney hopes Dec. 26 will look like Black Friday.
 Listen to Radio Report.


Get the latest news on our mobile site: http://www.marketwatch.com/m