is knee-deep in wisdom & wise advice. Congrats! Warmest wishes."
Recent Profits Taken —
30% Profit on Short Financial ETF position on February 9, 2016 after just 18 days (i.e., about 655% Annualized)
30% Profit on Short Junk Bond position on February 8, 2016 after just 49 days (i.e., about 225% Annualized)
90% Profit on Short Small Cap Equities ETF on January 20, 2016 (i.e., about 30% Annualized)
75% Profit on Short Small Cap Equities ETF on January 15, 2016 (i.e., about 25% Annualized)
28% Profit on Long Treasury Bond Position on January 12, 2016 after just 71 days (i.e., about 140% Annualized)
45% Profit on Long Treasury Bond Position on October 1, 2015 after just 22 days (i.e., about 775% Annualized)
265% Profit on Short NASDAQ Position on September 29, 2015 after just 57 days (i.e., about 1690% Annualized)
110% Profit on Short Russell 2000 Positon on August 21, 2015 after just 3 days (i.e., about 13500% Annualized)
65% Profit on Short Russell 2000 Position on August 20, 2015 after just 2 days (i.e., about 12000% Annualized)
40% Profit on Short Retail Sector ETF Position on August 7, 2015 after just 4 days (i.e., about 3630% Annualized)
80% Profit on Short Retail Sector ETF Position on July 27, 2015 after just 6 days (i.e., about 4850% Annualized)
For Deepcaster's Latest Forecasts for Gold, Silver, Crude Oil, and Long-Term Interest Rates, click on "Alerts Cache" and "Latest Letter" below.
"Beta usually trumps Alpha."
The Deepcaster Fortress Assets Portfolio is
designed for Wealth Preservation
The Deepcaster High Yield Portfolio aims to
ALERT - Week Ending February 12, 2016 - “Sector Forecasts Being Fulfilled—New Sector Forecasts: Gold & Silver; Crude Oil & Copper; Equities; US$/€, U.S. T-Notes, T-Bonds, & Interest Rates”
Deepcaster's February 2016 Letter - Week Ending February 5, 2016 - “2016; Key Sector Major-Moves Looming & Forecasts: Gold & Silver; Equities; Crude Oil & Copper; U.S. Dollar/Euro, U.S. T-Notes, T- Bonds, & Interest Rates”
“In a May regulatory filing, the firm wrote it believed that ‘making investment decisions by looking solely at the fundamentals of individual companies is no longer a viable investment philosophy.’
“… ‘While individual company analysis will always be important,’ it said, ‘the health, or the change in the health, of the financial system is the starting point of all analysis.’
“There is a growing gap between the financial markets and the real economy.”
"It's quite likely that the recovery has been slowed down because of the Fed's actions. Go back to the 1980s, and the US had an aggregate debt level of about 1.3 times GDP. Then we had a massive spike over the next two decades to about 3.3 times debt. And GDP over that time has slowed. There isn't any room in that data for the belief that more debt creates growth."
|"The first panacea for a mismanaged nation is inflation of the currency: the second is war. Both bring temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists."
– Ernest Hemingway
creates illusory wealth and buys time, but if it was truly the answer
to a deleveraging cycle, Zimbabwe would be a member of the G10."
– David Rosenberg, Gluskin Sheff, January, 2013
price tag of printing six trillion dollars worth of checks comes in
the form of inflation and devaluation of currencies either relative
to each other, or to commodities in less limitless supply such as oil
|The reality is that
the stock market as an asset class has delivered almost no net return
at all since 1999 [...] One cannot look at the latest secular phase of
no-returns without the context of the spectacular 18% average annual gains
during the secular bull phase from 1980 to 1999. The “market”
is still in the process of mean-reverting the excess outperformance during
that two-decade Reagan-Clinton era run."
– David Rosenberg, Gluskin Sheff, January, 2012
and severity of financial crises has taken an ominous turn for the worse....
we look at the world economy today, we see a wall of risk…and
potential financial catastrophe. We see a large number of virtually
bankrupt major sovereign states (US, UK, Spain, Italy, Greece, Japan
and many more) teetering atop a financial system that is bankrupt, but
is temporarily kept alive with phony valuations and unlimited money
printing….....The consequence of this rescue mission will be a
hyperinflationary depression in many countries, due to many currencies
"...full force of the
economic crisis will hit us next year...
|"What this crisis
reveals is a broken financial system like no other in my lifetime"
--Paul Volcker, Former Chairman, U.S. Federal Reserve (November 16, 2008)
|"This is going
to be one of the worst economic downturns since the Great Depression."
--Nobel Laureate Economist Joseph Stiglitz, April 25, 2008"
|"Right now, the
rest of the world owns $3 trillion more of us than we own of them. In
my view, it will create political turmoil at some point. Pretty soon,
I think there will be a big adjustment."
--Warren Buffet, speaking at the University of Nevada, Reno, January, 2006--
on an imprudent and unsustainable fiscal path. Our current liabilities
and unfunded commitments as of the end of the last fiscal year amounted
to over $43 trillion, up to $13 trillion in one year alone."
- -David Walker, U.S. Comptroller General (April 11, 2005)- -
|"America has no
better than a 10% chance of avoiding economic "Armageddon."
- -Stephen Roach, Chief Economist, Morgan Stanley, (Boston Herald, November 23, 2004)
| "...the U.S. government is, indeed,
bankrupt, insofar as it will be unable to pay its creditors, who, in this
context, are current and future generations to whom it has explicitly
or implicitly promised future net payments of various kinds..."
- -Professor L. Kotlikoff, for the U. S. Federal Reserve Bank of St. Louis. (July, 2006)
are disturbing trends: huge imbalances, disequilibria, risks -- call them
what you will. Altogether the circumstances seem to me as dangerous and
intractable as any I can remember, and I can remember quite a lot. We're
borrowing so much from abroad that we're skating on thin ice. Can we correct
this problem without some kind of international financial crisis?"
Regarding the need for policies that reverse the triple deficit, "I
don't know whether the change will come with a bang or a whimper, whether
sooner or later. But as things stand, it is more likely than not that
it will be financial crises rather than policy foresight that will force
- -Paul Volcker, Former Federal Reserve Chairman, (April 10, 2005)