Montreal, Canada

Buy surplus currencies and sell deficit currencies. That's the long-term trend now underway as global economic power continues to shift from West to East since 2008.

Montreal, Canada

At the Las Vegas Freedom Fest this past week, I met numerous investors alarmed by the shockingly disastrous state of government finances – federal and state. Most investors at our Sovereign Society presentations – over 2,000 delegates this year – didn't have an offshore or European bank account and were hungry to move some assets overseas.

- Dugald Malcolm, Montreal

Las Vegas, Nevada

This marks my first trip to Freedom Fest in Las Vegas. Nowhere will you find a greater concentration of Libertarians and bears than right here. Some big guns in the past have spoken at this conference, including Texas Congressman, Ron Paul -- a Libertarian.

My personal favorite is Doug Casey, an incredibly gifted investor, contrarian and, if you've ever heard him speak, a great entertainer. Nobody gets an audience going more than Doug.

Montreal, Canada

Sell 'em when you can, and not when you have to. This morning's strong opening is the first positive session in more than a week and I plan on reducing my equity exposure – already near record lows in terms of overall asset allocation.

Montreal, Canada

Are investors better off buying large-cap stocks paying a 4% dividend over the next 3-5 years or buying a ten-year U.S. Treasury bond yielding 2.96%? What would you rather own?

Montreal, Canada

Yesterday’s $39 decline in the August gold contract makes me wonder just who exactly is unloading bullion in this increasingly uncertain economic environment. With the EUR surging, hedge funds and trading desks at major banks might have felt compelled to unwind their gold hedges. Even after Thursday’s EUR rally, gold prices are up 24% in EUR terms in 2010.

Montreal, Canada

Since the emergence of the credit crisis almost three years ago (August 2007), I've been glued to global credit barometers. Bonds provide far greater clues to the future direction of the primary market trend than common stocks and basically dictate the direction of the latter, as we soberly discovered starting in late 2007 and throughout a dreadful 2008.

Montreal, Canada

Increasingly, the resultant damage caused by the sovereign bond crisis in Greece implies a two-tier bond market is developing as investors scrutinize among countries. The only safe-havens now in bonds are German and Dutch paper – considered first-tier bond markets.