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A little recent history and a straight forward question for you: This past Friday, the U.S. Labor Department reported only 32,000 jobs were created in July, sharply lower than economists and analysts had been expecting. Oh, how they were wrong! We are talking about "la cream de la…
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Fed Chairman Alan Greenspan has positioned himself into a potentially dangerous corner. Greenspan has told the media repeatedly the economy is doing better and the Fed will continue on a path of "measured" interest rate hikes. Hence, on the Fed meeting scheduled for August 10th, all eyes are…
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As I write this issue of PROFIT CONFIDENTIAL, I note the price of gold rose about $10 today, to $403 U.S. per ounce. My readers are all too familiar with my personal fondness of gold bullion and gold stocks. The recent run-up in the metal's price adds to…
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My loyal readers are aware of my general negative position on the U.S. dollar. In a nutshell, I believe higher interest rates will eventually make it difficult for U.S. governments to satisfy their debts, causing foreign U.S. bond creditors to eventually shy away from U.S. dollars. With the…
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In the past eight months: Stock #1 is already up 100%, from $3.75 to $7.50. I expect it to double again. Stock #2 is up 95%, from $5.50 to $10.75. Expect this one to gain at least another 95%. Stock #3 is up 127%, from $2.75 to $6.25.…
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In today's commentary, I offer several arguments on why I expect the price of gold to continue to rise from its current level and why I believe money will flow into gold. Who owns the most gold right now? While it may come as a surprise, according to…
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If you didn't beat the DOW by 250% or more in 2003, there are still plenty of undiscovered small-cap bargains where we found these winners: 1,030% gain on a camera chip company. 640% gain on an internet services provider. 415% gain on this provider of internet security software.…
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Parents today take the time to bring their kids to all kinds of extracurricular activities (mostly lessons and team sports), such as swimming, piano, baseball, tennis, football, hockey, and dance to mention a few. But what about the time we take to teach our kids about the aspects…
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An investor who invested $1,000 in each of the Dow Jones Industrial Average stocks at the beginning of 2003 (a total investment of $30,000) would have been sitting with $39,615 at the end of 2003 (inclusive of re-invested dividends). A whopping profit of 32.1%. Some Dow stocks did…
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Carl Faberge the world-famous goldsmith and jeweler to the Tsars of Russia created a variety of items for the Russian royal family. He made an arrangement in 1885 with Emperor Aleksandr III to fabricate a special Easter egg with a surprise in it for the Queen. He did…
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There is a scene in one of the Mad Max movie where one of the characters says "easy now, I know what I'm doing" only moments before he roars off to his fiery, early demise. Apparently he didn't. And it seems the Council of Economic Advisers are entering…
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From what I can tell, the G-7 meeting in Boca Raton, Florida that starts tomorrow seems to be shaping up to become a real tear jerker and whine fest. Pass the tissues please. Currency issues overshadow this meeting like gold on an Egyptian sarcophagus. Many unhappy participants are…
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If bull riding were easy, we would all be rodeo stars and retired, pursuing safer endeavors with our prize money. No doubt bull riding is thrilling, but it is also fraught with ups and downs. One minute you're up... the next you're down, and so and so on…
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Buying a treat at my local corner store with one of my children last week caused me to have a flashback to 1960 (or so). I was doing the same thing with my dad and he said, "I remember when that cost a penny." I found myself saying,…
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These days I'm finding it more difficult to separate politics and the economy. It is after all an election year and to put it mildly, the circus is coming to town... if it hasn't already arrived. I thought last year was jammed packed with interesting developments. Looks like…
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I noticed two things this morning on my way to work. The first was that it took too long for my vehicle to produce warm air; the other was a noticeable price spike at the pumps. It was just a few weeks ago (Dec. 22) that we here…
