2005 Archives
Shortly after 7 pm last night, I walked along the dark sands of this semi-deserted, little-known beach on the coast of Brazil. To the west-southwest, a sharp cliff rises abruptly from the waves. And behind it …
For readers who have been following my forecasts this year, there wasn’t very much that came as a surprise. But that doesn’t mean it was boring. Far from it. The profit opportunities made it one of …
Larry will be back from a short vacation tomorrow. So this morning, I’m jumping in to alert you to continuing dangers in the tech world . along with two bright spots you should check out for 2006 …
On December 18, I told you about three small-cap mining companies I was getting ready to recommend the following Tuesday: 1. A small-cap gold mine, 2. A company that drills for gold miners, and 3. a copper …
While many investors are on vacation, big money is on the move. It’s fleeing the jaws of what’s likely to be the most traumatic corporate bankruptcy of modern times. It’s rushing out of the U.S. dollar. And …
If you’re like me, you’re preparing for a nice long, holiday weekend. You’re gathering up your family for some quality time, as Sharon and I did on a recent trip together. Plus, at the same time, you’re …
Tony Sagami here, writing from Montana. When I woke up this morning, the thermometer outside my kitchen window read minus 2 degrees. That’s cold, but it warms my heart. Because at 34 degrees below the …
There’s an elephant in the oil industry, and the longer Wall Street ignores it, the easier it’s going to be for savvy investors to make money. You’ve seen the record profits big oil companies have racked up …
Consumer spending is the holy grail of the American economy, especially in the last two weeks of the holiday season. But the main reason we still have money to spend is because foreigners still have …
The dollar’s getting killed again! It’s plunging against major currencies like the euro, the Japanese yen and the Swiss franc. Plus, it’s even falling against the once-chronically-weak currencies …
Gold blasted right up to my $540 target this week, piercing it by a buck, to reach as high as $541. Now, it’s pulled back to the $510 level. Next move: Expect gold to chop around a bit in this area before …
Just as he’s preparing to leave the scene, and just as a worldwide whirlwind is striking, Fed Chairman Alan Greenspan is falling deep asleep, abdicating his role as an inflation fighter. He has repeatedly …
Gold’s surge yesterday busted the critical $540 barrier Larry has been alerting you to, and its retreat toward the end of the day does not alter the trend: Up. Oil, other natural resources, foreign …
History repeats itself in strange ways. Over 70 years ago, in the early 1930s, the shares of the world’s leading gold mines were neglected, misunderstood and undervalued, much as they are today. Then, right …
We’ve been waiting for a pullback in gold and silver to give new investors a chance to jump in. We knew one was coming. We just didn’t know when. But now we do: It happened yesterday. Gold was down $13 …
Gold surged to $518 yesterday, but it’s still so grossly undervalued it’s a joke. Let’s say you owned an ounce of gold in 1980. And let’s say you cashed it in at gold’s peak of $850. You’d walk out of the …
The investments we told you would benefit from inflation are soaring, and the investments we said would get hurt are either falling or about to turn down. This demonstrates, in the real world and in real …
I was going to recommend a copper company yesterday. But there’s a problem. So I decided to recommend two red-hot silver companies I’ve been tracking. More on the two silver companies in a moment. But first a …
In 1970, I was an undergraduate at New York University, studying Chinese history and language. I was totally immersed in the subject. I thought I understood it backwards and forwards. I was wrong. One …
The deadline on our next recommendation — aiming to turn a $2,000 investment into as much as $21,600 — is tonight at midnight. The recommendation is going out first thing tomorrow. So I decided to …
What a week! Gold smashed through the $500 barrier like a speeding bullet through a paper wall. Silver leaped through three barriers in one fell swoop. And copper?! Wow! Look at copper go! It’s running …
Last week, while the fog still blanketed Vancouver like the Devil’s own pajamas (cold and uncomfortable), I kept myself warm by running fast. I was on my way to visit a copper company, searching for a new …
Before Larry tells you what’s next for gold, let me jump in and give you some background. Four years ago, Larry Edelson, who had been mostly a gold bear, made a dramatic turnaround. He pounded on the table …
Inflation is a disease with many symptoms. It can manifest itself in the form of housing prices that go berserk … like they have for the last few years. It can show up in the form of long-term interest …
For the first time in nearly two decades, gold bullion reached $500 per ounce yesterday. Copper surged above $2 per pound, the highest ever. Platinum busted through the $1,000 barrier. Silver surged 22 …
If the stock market had a personality, it would be evenly split between the positive forces on the bright side … and the equally strong negative forces on the dark side. You have certain stocks in an …
The deadline on our 900% potential profit opportunity is tonight at midnight. That recommendation — plus two others — are going out first thing tomorrow morning. So I decided to wake up early this …
It’s early morning, Thanksgiving day. I just got back from Bangkok after a 19-hour flight over Mongolia, Siberia and the North Pole. My wife and kids are sleeping peacefully. And this evening, I’ll have both …
Just in the last few days, gold stocks, which had suffered a modest correction, have taken off and are now flying high, making a beeline for their recent highs. Energy stocks, which were beaten down somewhat …
Tony Sagami here, with an update on what’s driving the stock market rally and what you should do about it. As Martin pointed out last week, the S&P was recently able to regain its uptrend line. And now, it has …
Elisabeth, Anthony and I have our home in Palm Beach County, and we’re worried. Nationwide, the number of permits to build new homes have just suffered the single biggest decline in any month since September …
Larry’s off today, and he asked me to jump in to write to you this morning. I’m leaving for an urgent business trip early tomorrow, but with the gold market going berserk to the upside, this is not …
Gold is on fire — surging nearly $20 through Wednesday … jumping another $8 yesterday … catapulting to a new, 18-year high … and making a beeline for our target of $540. Supplies of gold …
Larry here, with an urgent alert on two key markets: Gold and the U.S. dollar. After a temporary lull, the dollar began surging again in late October and has staged a clean break-out to the upside in the …
Yesterday morning, the U.S. Labor Department announced that wholesale price inflation jumped 0.7% in October, far more than the ZERO percent change Wall Street was expecting. Now, in about a half hour or …
Wall Street went to bed last night fairly confident that producer price inflation to be announced this morning would be flat — no increase, no decrease. They figured they’d get some respite from …
Not long ago, I was introduced to one of the least known — and potentially greatest — bull markets in the world today: Canadian natural resource companies selling for a small fraction of their …
It’s early morning here in Bangkok, and I am writing you now so you can act before Sunday night. But first, let me tell you what I see happening right now, and why it’s so important. This is the quietest …
Who will determine the fate of our bond market, our stock market and, ultimately, the fate of our entire economy? I can assure you it’s not going to be the U.S. Congress or the President of the United States …
Wall Street was surprised yesterday when the U.S. government reported that distillate-fuel inventories dropped for the seventh week in a row. Strangely, Wall Street will be even more surprised when the …
Pay close attention and watch this situation: France has just declared a nationwide state of emergency. It’s their most recent — and most desperate — attempt to stem the tidal wave of rioting …
Behind nearly every major asset — stocks, bonds, commodities and real estate — one unmistakable theme is bursting to the fore: raging inflation. You can see raging inflation in surging …
In recent weeks, with inflation surging and interest rates rising, I have thought frequently about old friends that have been out of touch for a while. So I thought I’d send you my daily updates on what’s …
Martin Weiss here with a quick warning to all investors now jumping into traditional stocks — especially stocks that are sensitive to rising interest rates: While stock prices may be rising, bond …
Oil and energy stocks have suddenly found the bottom in their correction, sprung back to life, and started surging toward their recent record highs. Just in the last three days, Weatherford International has …
Yesterday’s meager, quarter-point rate hike by the Fed was too little, too late to stop the ongoing surge in inflation. But it’s too much, too soon for the two largest industries in America: In the already …
Even as evidence of raging inflation continues to pour in, and … Even as that inflation poses one of the greatest threats to our deeply indebted nation in decades … Alan Greenspan and the Federal Reserve …
A new and powerful force is about to burst onto the economic scene. It will impact every investment, every investor and virtually every financial decision you might make. It will affect you whether you’re rich …
I believe wholeheartedly in teamwork. So much so, that I spend a lot of my personal time coaching my daughter’s and son’s basketball teams. Keiko is in 6th grade and Kenji in 7th. So keeping each team …
Just in the last few days, gold bullion has skyrocketed $12 … erasing most of its recent correction … and pointing the way to a far more virulent form of inflation in the months ahead. Today, I’ll show …
The yields on long-term bonds — rates that are largely beyond the control of the Federal Reserve — are rising relentlessly. They went up on Friday. They went up yesterday when Ben Bernanke was …
While stock investors celebrated the appointment of Ben Bernanke as Greenspan’s successor yesterday with a 170-point rally in the Dow, bond investors recoiled in fear. In New York, bond investors sold U.S. …
Just eight days from now, we will witness the biggest gunfight of the century. Walking up the dusty street from one side of town will be Fed Chairman Alan Greenspan. Approaching from the other side will be the …
Hurricane Wilma is expected to make landfall here in Florida this weekend. But that’s not the storm I’m most concerned about. Just 10 days from now, on November 1st, the Federal Reserve is likely to start …
There’s a bear in our midst. It’s not a bear returning to haunt us from the depth of the 1930s when my father was a broker on Wall Street. Nor is it one of the seasonal bears that used to periodically …
I’m writing you today to tell you about three warnings that are now coming true … and about one more danger that is also a threat to your money: The Wall Street “experts” who continually miss the big …
Blazing Saddles was the top-grossing movie … All In The Family with Archie Bunker was the top-rated TV show … and Richard Nixon was battling an inflation that was, in some ways, very …
If you think Friday’s release on consumer prices was bad, wait till you see today’s release on producer prices! It’s the worst inflation at the wholesale level in 31 years! It includes huge increases not …
I’m looking at the inflation monster, and I can tell you flatly it’s getting bigger and uglier by the minute. In September alone, consumer prices jumped by a massive 1.22%, the equivalent of 14.6% …
November first will mark the beginning of one of the greatest interest-rate moves of our lifetime. That’s when Fed Chairman Greenspan will have his first Open Market Committee meeting since Hurricanes Katrina …
My name is Tony Sagami, and I used to love technology. Years ago, I spearheaded a publication that focused on the benefits of what I called the “Supernet” — the new, high speed networks that are now …
Not many people are talking about it — yet. But I can assure you, they soon will be: The cost of one of the most essential items in the world is about to go through the roof, and you need to get ready …
The sectors we warned were falling are now falling still further; and those we said were soaring are now soaring some more. Last night in after-hours trading, Apple Computer plunged 10.5%, despite announcing …
In the wake of Delphi’s bankruptcy over the weekend, its stock plunged 71% Monday, wiping out nearly three-quarters of shareholders’ value in just one day. And with Delta’s bankruptcy, the airline’s …
Inflation warning signs are now flashing so blatantly, anyone not yet positioned for profits — or at least protected against losses — must be mad, masochist or missing in action. Gold has just …
If you didn’t pay close attention to Steve Chapman when I interviewed him here in the Money and Markets two months ago, you may want to listen more carefully now. He named the mutual funds he …
I love quick market corrections like the one we’re seeing right now in oil and oil stocks. It’s giving early investors an opportunity to add to their winning positions. It’s providing latecomers with an …
While crude oil is rising, the energy stocks we’ve been recommending are surging. There are several reasons for the moderate discrepancy: First, many energy stocks don’t rely exclusively on the price of …
Precisely when Wall Street was beginning to get used to the highest energy costs in history, they’ve exploded even higher. Just yesterday, crude oil surged to within striking distance of its all-time …
The housing market bust we’ve been warning you about has now begun. You cannot yet see home values sinking. Nor will you hear any bells ringing when they do. But we now have a rapidly growing body of …
When Larry and I analyzed the initial damage reports from Hurricane Rita on Sunday, we were both greatly relieved and intensely skeptical. Our relief stemmed from the fact that the loss of life was virtually …
In early 1991, during the final phases of the first Persian Gulf war, my father and I took a long walk to discuss its outcome. In Iraq, The VII Corps had surrounded the remainder of Saddam’s elite Republican …
It’s very early a.m., Saturday morning. The only sounds I hear are the blue herons and egrets awakening in my backyard. I’ve been up through much of the night watching Rita wreak its destruction on the Texas …
This is Martin Weiss with an emergency update on Hurricane Rita plus three specific recommendations on what to do right now. The storm’s exact path of destruction is still uncertain. But its sheer power …
Markets are going berserk! Suddenly, everything we’ve been warning you about for months is exploding at virtually the same time. Interest rates are jumping. Gold is blasting off. Copper and other …
In the wake of Hurricane Katrina, most of Wall Street hoped the Fed might engineer a brief pause in its relentless string of interest-rate hikes. Yesterday, the Fed proved them wrong. The Street also hoped …
Not far from where Elisabeth and I live here in Florida, across the Everglades and into the Gulf of Mexico, a major new storm is emerging — Rita. Woefully, its path reminds me of Katrina’s …
I was born on this day, 59 years ago, and a lot has changed since then for me personally and for the world we live in. My parents are gone now, but Elisabeth is always by my side, and has been since …
Oil and oil stocks paused this week. The price of crude oil, which had surged above $70, came back down to the mid-$60s. Oil stocks also receded — about 3% to 5%. It was a slight, grudging nod to world …
The spot price of gold has just hit $455.50. In the futures market, the December futures contract is at $458.50. Other gold measures are even higher. No matter how you measure it, the yellow metal has now …
Forecasting the future is a risky endeavor. Sometimes, the people and places are different from what you anticipated, but the causes and consequences are on target. Sometimes, it just takes a lot longer than …
The pressure on the Fed to hike interest rates next week is building. This pressure is not coming from a hypothetical scenario or a future forecast. It’s coming from forces that are active in the marketplace …
While crude oil prices have corrected down a bit, oil stocks are surging to new, all-time highs. Here’s why: First, the oil-price decline has been relatively small not nearly enough to signal …
At first, President Bush asked Congress for $10 billion to cover emergency Gulf Coast recovery efforts. But that was clearly not enough. Next, in the wake of a virulent and venomous public attack, he …
Some people seem to think that Katrina’s impact is now mostly behind us … that the release of strategic oil reserves will solve all our problems … and that the bull market in energy is over. They’re wrong …
All over the world and all at once, politicians and decision makers are pouncing on fuel prices in a desperate effort to push them down. Twenty six countries are releasing 2 million barrels of oil per …
Never before in my lifetime have I seen such a stark contrast between good stocks surging in great glory … and bad stocks plunging into an awful nosedive! I see energy stocks rise virtually nonstop, while …
It’s been a tough week for America so I hope you’re enjoying the holiday weekend. If you have been directly affected by Katrina, my heart goes out to you. I know you will get through it. Martin’s busy …
I’m deeply worried. One of the best crisis indicators around — the gold market — is exploding higher … up $15 in two days … indicating something in the financial markets is coming unglued …
Last year, when Larry predicted $3.50 for gas at the pump, none of us dreamed it would happen so soon. And ten days ago, when I sent you my Money and Markets e-mail with the subject “Greatest Energy …
On Monday, Martin told about Mother Nature’s revenge. Now, let me tell you about Mother Earth’s inflation. For decades, we’ve been flattening millions of square miles of the planet’s surface, building new …
Delta Airlines, once the most profitable airline in America, will soon go bankrupt. Pilots and employees have given back billions in voluntary cuts, but it’s still not enough to save the …
Today, when the absolute worst-case, disaster scenario failed to materialize from Hurricane Katrina, Wall Street rejoiced. They drove energy prices back down, reversing much of Sunday’s surge in electronic …
The hottest condo markets are beginning to crack wide open. In Miami, speculators with hundreds of units and staggering debt pyramids are starting to dump their holdings. In Boston, Las Vegas and New York …
The oil market is on fire. Last night in New York, the spot futures contract for crude oil surged as high as $68, blasting past the previous all-time record by nearly a full dollar. Some people think it’s …
Some companies, like Delta Airlines, fail mainly because of circumstances beyond their control — terrorist attacks, rising interest rates, surging fuel costs. But usually companies fail simply …
For readers who have been following Larry’s forecasts in recent months, China’s bid yesterday for another North American oil company should come as no surprise. This is precisely what he’s been telling you …
Oil is up AGAIN today, blasting above the $66 level and within merely $1 of a new all-time record high. Clearly, we are on the verge of the greatest energy crisis of modern times. But this energy crisis is …
I promised myself I wouldn’t be writing more e-mails on beautiful Saturday mornings. Then, just within the last 24 hours, the oil market has gone ballistic — jumping wildly on Thursday afternoon …
Late last night and early this morning, while North America was still sleeping and Europe was just beginning its day, a new drama was unfolding — inside the computers of the New York Mercantile …
I hate non-stop, straight-up market moves. They don’t give rational investors a good opportunity to add to their winning investments. They don’t give new-comers a chance to get in. And they attract too many …
Just when Wall Street cheerleaders were chanting about “low inflation,” they got smacked with this morning’s report on producer prices (PPI). They were expecting a one-month rise in the “core” PPI …
The federal deficit is a joke. But it’s not funny. They say the government’s red ink is going to be “only” $314 billion this year, and that’s supposed to be “small.” Now the facts … Fact #1. $314 billion is …
I just got back from a two-day marathon of seminars and interviews at the first-ever Money Show held in Washington, D.C. Everywhere, investors asked me tough questions — in the meetings, the lobby …
For many months, energy, metals and other commodities were rising steadily, building slowly. And for many months we have been telling you to prepare for the day when a firestorm of buying drives their prices …
Bullish should not mean blind. I see oil zooming. But I also keep my eyes wide open for anything that might get in its way. I step back. I make sure I’m not influenced by the euphoria. I question every …
For the past 20 months, the Dow, the S&P and the Nasdaq have gone virtually nowhere. Meanwhile, some foreign markets have been going steadily higher, and some sectors of the U.S. market have been soaring …
When the Federal Reserve meets tomorrow, it will raise its Fed Funds rate for the TENTH time in a row.
Another hike is a virtual certainty on September 20. Then, still more are likely November 1, December …
Divining the future is no less possible than traveling the past. Einsteinian theory notwithstanding, one forecast I make with relative certainty is that neither will ever be achieved. Sometimes, though, you …
Oil’s bull market is much stronger than most have expected. Corrections will come and go. But after every one, oil marches to new record highs. I like to first look at the big picture — the monthly …
The oil markets have shrugged off concerns about the stability of Saudi Arabia — for the time being. But now they’re focusing on a whole series of more mundane concerns — a diminishing supply of …
The folks in Washington and on Wall Street should be more careful about what they wish for. They may actually get what they want … plus much more. For at least two years, they’ve been wishing for a …
“Chaos Striking Now” is the headline of my Real Wealth Report going to press tomorrow. Why so bold? Because I believe that, beneath the seeming calm of several major markets — stocks, bonds …
When Hurricane Dennis barreled right up the middle of the Gulf of Mexico, it tore the legs out from under British Petroleum’s Thunder Horse platform, the largest platform in the world. Now, Emily is about to …
In the short term, the stock market is a game of perceptions, perspectives and expectations. The real world, which ultimately decides our fate, gets shoved aside, distorted, even inverted. Right now, for …
Never before in my lifetime have I seen such a thick layer of complacency hiding such a deep pit of dangers. Years ago, before he passed away, Dad and I used to talk extensively about this recurring …
In today’s New York Times, Floyd Norris brings home an argument few people want to hear: More inflation is coming, and politicians are doing nothing to stop it. In fact, if anything, the …
Today’s terror attacks in London are tragic for more reasons than one. They’ve struck just hours after millions celebrated London’s winning bid for the Olympics of 2012. That’s patently cruel and unfair …
We’re on the brink of a profit meltdown in most S&P stocks. Right now, even if you accept Wall Street’s optimistic projections, the growth in S&P company profits is plunging by half or more: Instead of 20% …
I hope you enjoyed your holiday weekend! Elisabeth and I certainly did. We went nowhere, did nothing and got plenty of much-needed rest. The only excitement was last night, when fireworks lit up three …
The last time I saw the Fed under such tremendous pressure to raise interest rates was when Paul Volcker was Chairman and interest rates were surging into the double digits. The official U.S. inflation rate …
The price of just about everything under the sun is rising, and Martin has asked me to tell you why, plus how you can start to profit immediately from the trend. I first met Martin about a dozen years ago, at …
The stock ratings issued by our sister company, Weiss Ratings, Inc., have just been ranked #1 in the nation, according to The Wall Street Journal. Weiss Ratings outperformed all the major Wall Street …
What do you think would happen to the U.S. dollar if New York and Massachusetts were to reject the U.S. Constitution? There would be chaos. Nobody would trust the value of the dollar, and it would crash in …
The price of oil is turning up again, surging last week by more than 9% and blasting back over $50 per barrel. Watch it carefully over the next few weeks. If last week’s rise is sustained, it will …
Stop what you’re doing for a moment. Put aside other e-mails or tasks and don’t answer phone calls. Then sit back and imagine this scenario … The entire nation is swept up in a real estate frenzy. Buyers …
United Airlines has just defaulted on $9.8 billion owed to 134,000 employees and retirees, the largest pension fund disaster in history. Delta, Northwest, and Continental, with combined pension debts of …
More than $450 billion of General Motors and Ford bonds have just been downgraded to “junk.” Suddenly, investors in GM and Ford are getting slammed with large losses in their bonds and even bigger losses …
With the economy sagging and the stock market sliding, the last thing Alan Greenspan wants to do tomorrow is make things worse by raising interest rates. But he has no choice. Producer prices and consumer …
General Motors has just announced its worst quarterly loss since it narrowly skirted financial collapse 13 years ago. The future is so uncertain that management has failed to provide Wall Street analysts with …
When the Dow Jones Industrial average fell 125 points on Thursday, it busted through the first great barrier separating Wall Street from the next crash. Then, Friday’s 191-point plunge merely sealed the …
I’m not the only one who’s been warning about the intense danger of rising interest rates. The World Bank and the International Monetary Fund have just issued warnings that underscore everything I’ve been …
In the economy, money is the fuel that powers all consumption, investment, and growth. Likewise, in nature, energy is the currency that drives all combustion, movement, and change. Each is essential to …
With rising inflation and interest rates, investors following my recommendations should be making good money right now. That’s wonderful and, needless to say, I’m very pleased. But making money is one …
At 9 am tomorrow morning, Fed Chairman Alan Greenspan and 11 other members of the Federal Open Market Committee (FOMC) will sit down in the two-story, chandeliered Board Room at the Fed’s Eccles Building …
Next week will mark the beginning of one of the greatest interest-rate moves of our lifetime. That’s when the Federal Reserve will meet in Washington DC to decide on what to do about its official rates. It’s …
Fed Chairman Alan Greenspan has run out of excuses to postpone America’s day of reckoning with sharply higher interest rates. His first excuse — back in the early 2000s — was the danger of …
While everyone’s attention was focused on the stock market this past Friday, a landmark event took place that very few people noticed: For the first time in 24 years, a key index of commodity prices …
Early Friday morning, as a bitterly cold wind blew into lower Manhattan from the Northwest, bond traders commuting to Wall Street were expecting to see an equally cold report on the nation’s producer price …
Of all the investment skills that can make you money, one of the most valuable of all is the ability to tell the difference between two apparently similar phenomena: A boom and a bubble. In a bubble, most …
Brace yourself for the budget battle of the century. Just a few hours ago, the White House delivered its $2.5 trillion budget to Capitol Hill. And already, it seems to be mired in intense controversy. The …
In most of the West, governments are welcoming Sunday’s landmark election in Iraq as a victory for direct democracy, a form of government born in Athenian Greece circa 508 BC. In the Middle East, however …
Twenty-eight years ago, in 1977, the stock market opened the year with three consecutive weeks of decline. And strangely, that never happened again … until just now! This month, the S&P, the Nasdaq, and the …
When the news of still another record-smashing trade deficit struck the market last week, it caused shock and awe: The deficit for November — $60.3 billion — was far larger than virtually anyone …
We need to talk, heart to heart. We have arrived at a very critical moment in the history of our country — and in your financial future. The main reason: Interest rates are on the move again, with …
Ever since the first day I arrived in Rio de Janeiro in January of 1953, I have always heard that Brazil was the “Land of the Future.” Brazil is larger than the continental United States — by the …
