Any news on when KA transitions to POOM?

[Basil]

Re: Any news on when KA transitions to POOM?

I simply rent as much intel as I can from a very eclectic mix of newsletter sources. I'm spending about $2K a year among six or seven provisionally right now to try to do something more than go forward on a prayer alone. There really are cycles of varying durations in asset classes.

Lukester,

To which newsletters do you subscribe? I have had several financial advisors over the past few years and have finally decided that I need to take over for myself. At the end of the day, if I am going to lose money, it won't be because I trusted someone else to manage it for me.

I have begun subscribing to the Aden Sisters newsletter, have been reading Doug Casey's 'Big Gold', and have also begun a subscription to Leeb's service. What other investment advice have you found useful? How do you like Crook's?

Thanks,

Basil

[grapejelly]

Re: Any news on when KA transitions to POOM?

I subscribe to Steve Saville speculative-investor.com and to ContraryInvestor.com and find them quite useful. Both have good perspective.

[jtabeb]

Re: Any news on when KA transitions to POOM?

Let's see if I have this right. You're optimistic because The Powers That Be are making the wrong moves.

Would your outlook have been gloomy if TPTB had done something right, instead?

1. I teach (flying, that is) the quickest path to mastery for many is by making frequent mistakes early on that enhance fundamental understanding later.

2. No, just surprised.

[jtabeb]

Re: Any news on when KA transitions to POOM?

Right off the bat??? That Air Force base you spend time at must be in a time warp.

They started with "subprime is contained" how long ago?

Yep, way back in the spring of 2007. So "right off the bat" is hardly applicable to what's happening now. They are out of time to "do the right thing"...events have overtaken them.

C'mon you don't actually believe pronouncements made solely for the purpose of diluding a captive public audience do you. (they said it was contained but had not done anything yet, right?)

First you try to reassure the public, then you scare the public so that you can act, then you actually have to do something right to fix the huge mess that exists from your previous failed attempts AND the crisis itself.

That is the trajectory that I'm looking at.

[Guest]

Re: Any news on when KA transitions to POOM?

Basil -

I currently subscribe to GANN GLOBAL, a service run by a veteran trader and market historian, James Flanagan.

Lessee what else.

Stephen Leeb I've read since 2001, and he's absolutely solid on his long term thesis. If you stick with him long term you'll be riding the biggest trends. He gets it that the next 20 years will be all about I N F L A T I O N . However in recent months during this market crisis I must confess I found his overview of the close up events a little on the shallow side. But that must be because I've been reading too much iTulip. :rolleyes: Still Leeb is a very solid service and I personally find his integrity outstanding. Smart too.

Also subscribed to the ADEN forecast, and they also are really good. I really like the Aden's no-nonsense style, and I do highly endorse them. Good stuff for anyone invested in the gold and PM markets and also the commodities sector in general. The ADEN sisters will not be fooled - they will know when or if this bull market is really kaput. They go back to the 1970's bull market and they have very good instincts.

Um, what else. I subscribed to one of the Agora Publications when it was run by Kevin Kerr, who is a really good and experienced commodities trader. I think their commodities newsletter is called Outstanding Investments. If the commodities bull market picks up again, and I'm almost positive it will in a big way after this global toilet flush that's ongoing, they build really good commodities portfolios. Very wide and deep portfolios with tons of all the best commodities stocks.

Then I subscribed for a short while to a newsletter that could have saved me a ton of money - Jim Shepherd's "strategist" or something like that. I forget. He made a fortune in the 1987 market crash in a combination of bonds and shorting stocks, and developed a proprietary crash meter that came in right on schedule for this crash also. He's that breed called "deflationista" and he's been as far as I can tell, a stopped clock for the past 25-30 years. But the critical thing is I guess his "crash-o-meter" was working pretty good this past summer!

His philosophy however is a little sclerotic I think, in that he's going to keep all his clients tucked away in long bonds (UGH!) and after having saved their butts going through this market crash he'll keep them all in there and they'll instead get their asses handed to them when bonds crash. Oh well, nobody's perfect.

I subscribe to another source that is very unconventional, who got this entire market meltdown trajectory exactly right, including early, early early calls to exit gold, silver, copper, soft commodities, various stocks and etfs all at superb exit points. He was warning about a "secular meltdown" and the death of all dollar hedge trades back in the January - March 2008 period. However as I will get laughed right off this forum if anyone knows who I've been paying for this info I will not name him. Really, too many people here would crack up.

There are others, but I can't recall right now. Sorry, I'm in a bit of a stressed state this weekend contemplating the ultra-high risk my current investments have me locked into. I'm gonna read all the other iTulipers here and drink a cold beer, and maybe crack a couple of bad jokes.

Oh, and BTW, the unmentionable source who got all his clients out at the top of all these commodity assets? He's calling for a seven year blistering bull market in the USD. Go figure. I sure as heck can't figure it.