One of Michael Campbell’s favorites, Black Swan Capital is offering Exclusively for readers and listeners of MoneyTalks a very SPECIAL OFFER.
Today’s Black Swan Capital Currency Currents HERE
“It’s only hubris if I fail,” – Julius Caesar
He, being the type that once literally hid buckets of silver coins in his walls, is loving life with the move higher in gold and silver prices. He should. He was right. I was wrong. I kept telling him that so many TV commercials about gold must indicate there is a major top shaping up; it must. But onward gold marches. Every $10 higher it goes and my father-in-law seems to forget he mentioned to me it was going higher $10 ago. I guess that’s why they call them outlaws.
Oh well, I owe him that pleasure at least, especially given he allowed me to marry his wonderful daughter 29 years ago; yes, that was just about the time those buckets of silver in his walls soared to $50 per ounce thanks to the Hunt brothers cornering of the silver market—near and dear, as we all lived in Dallas at the time. Of course the New York Metals Exchange (in their infinite self-interest and interest of their always self- interested Northeast banking “elite” friends decided to change the rules on the Hunt brothers in the middle of the game). It ended badly for the Hunts, silver, and those buckets in my father-in-law’s walls. Payback is a bi*&^ as they say.
So here we sit, gold looking very good. And many now believe on the way to $1,500, $2,000, and beyond. In the world of global finance and potential for all types of unforeseen events to rear an ugly head at any moment, it seems we’ve reached a stage where almost anything can happen.
Who would have thunk the most powerful institutions in the world, at least if we believed their press clippings, could have literally disappeared overnight—a la Merrill, Lehman, Bear… Gone, the entire “investment” banking industry of the US in a blink! Of course, the Government of Goldman (morphing quickly to bank status like the chameleons they are) is still here to see us through these tough times; we bow down in thanks I am sure.
So is it outlandish to say gold goes to $2,000? Not if you consider that markets can overshoot in such huge fashion. And with gold climbing tremendously in a world of improving optimism, what happens if all things hit the fan again? $2,000 sure won’t look like an overshoot.
But a battle seems to be shaping up, with speculators very long and commercials seemingly very short. And of course also in the game is the lowly dollar, the gold mirror image.
We hate to keep falling back on intermarket correlations as an excuse for thinking, but they are still seemingly in play despite the relative normalization of interest rates among the major central banks. As you noticed in the key news above, global confidence is rising. As you may have noticed global stocks are doing the same. Oil is back over $70. Emerging markets seemingly looked right past the mini-break in Chinese stocks, which now seem to be recovering. China has made it clear they will do all it takes to keep hope alive. Analysts say their growth is accelerating. It seems we are still in the midst of some powerful self-reinforcing trends.
Marty Zweig made the saying famous, “Don’t fight the Fed. And don’t fight the tape.” Worry we can about statistics and positioning and key technical levels, but sometimes it’s best to just bury the stuff in the wall somewhere and forget about it. Yet another of the endless lessons I learn and re-learn about investing.
Black Swan Capital LLC
Exclusively for readers/listeners/members of MoneyTalks a very SPECIAL OFFER.
Three Full Months of EVERYTHING We Do For Just $99!
Dear MoneyTalks Reader/Listener,
Exclusively for fans of MoneyTalks with Michael Campbell, we’d like to make you an EXCLUSIVE OFFER.
Sign up now to receive 3-months of ALL our advisory trading services and we’ll discount the price by more than 80% – three full months for less than one month’s cost! Plus if you like what you see you’ll continue getting all our trading services at the discounted rate of just $99 per month for as long as you want.
You see, we recently segmented our all-in-one newsletter, Currency Strategist, into four brand new, separate, focused newsletters. As we launch we thought we’d extend an opportunity for you to get in early …
At a very special price.
Everything listed below for 3 months … for just a onetime payment of $99.00.
The value of all these services together is $2,434.00 per year … or about $200 per month. We’re offering you the opportunity to get three full months for just $99.
That’s a difference of over $500.00 for the first three months, and …
With this offer you lock in forever additional savings of more than $100 each and every month off the total value of these services for as long as you remain a member.
As a member you’ll receive…
Description: Macro view of the global economy and how it may impact currency prices.
Description: Designed to help investors ride intermediate- and long-term trends in major and select emerging market currencies.
Recommendations: Exchange Traded Funds (ETFs) [*Analysis and time frames also support multi-currency deposit investors.]
Everyday Price: $149 per year
Description: Designed to provide speculators with trading recommendations covering both the FX options listed on the International Securities Exchange (ISE)and currency futures options listed on the Chicago Mercantile Exchange (CME).
Average Holding Period: Days or Weeks to months
Recommendations: International Securities Exchange (ISE)-listed FX Options or Chicago Mercantile Exchange (CME)-listed currency futures options
Everyday Price: $595 per year
Emerging Market Currencies
Description: Designed to help traders and speculators exploit short- and intermediate-term trading opportunities in the highly volatile and potentially profitable world of emerging market currencies.
Average Holding Period: Weeks to months
Recommendations: Spot Forex
Everyday Price: $695 per year
Forex & Currency Futures Description: Designed to help short-term traders, using high leverage, spot trading opportunities among major currency pairs and cross rates.
Average Holding Period: Intraday to several days
Recommendations: Spot Forex and Currency Futures
Everyday Price: $89 per month or $995 per year
[Note: All services include Flash Alerts delivered outside of regular publication dates to enter or exit positions as the market dictates.]
THIS IS WHERE YOU WIN …
As a fan of MoneyTalks, we’re offering you an outstanding deal.
Get three months of all our services for just a onetime payment of $99. That’s a savings of more than 83% on your first three months, and …
You lock in forever an additional savings of over 50% each and every month after that for as long as you remain a member.
Here’s some explanation on the different newsletters you’ll receive …
Our Emerging Market newsletter is geared towards specific emerging market commentary and takes time to evaluate individual countries and themes in depth. We will also recommend a balanced portfolio of currencies to hold as an emerging currency speculator.
In our Currency Options newsletter we are technical-minded, active, and a bit medium-term oriented … occasionally diverging from our longer-term fundamental market views. In addition to that, we incorporate a strict stop-loss guideline in our recommendations, usually around a 50-60% loss threshold, as well as a level at which to take partial profits. We believe this helps reduce the downside and allows for you to be more proactive in grabbing gains when you have them.
In the Forex & Currency Futures newsletter we are active and base most of our trade analysis on short-term technical setups — shooting to grab small open gains when we have them and keeping a skin in the game if we are fortunate to have latched on to a trend. That means you will consistently see recommendations to trade with at least two lots at a time. But remember: the size you trade and amount of leverage must make sense for your own account size and circumstances.
Within the monthly newsletter — Currency Investor — will reside the longer-term trend analysis work and thematic fundamental views incorporating a detailed look at weekly and monthly inter-market relationships between currencies, stocks, bonds and commodities.
Everything you read about above plus access to archives, webinar notifications, audio updates, special reports and more.
We work hard to consistently deliver, what we consider, the best currency trading newsletters available on the market today. We hope you’ll agree.
I urge you, if you were thinking about trading currencies, whether through options, ETFs, futures or Spot FX then don’t wait.
If you want an honest approach and a realistic look at currencies, you’ll have come to the right place.
If for any reason whatsoever you try us out and are unsatisfied with Black Swan’s currency newsletters within the first 30-days of your Membership, we’ll issue a full refund and our thanks for giving us a try.
So, if you’re ready to give us a try, Click Here to Sign Up
we’re looking forward to having you onboard with us!
P.S. As a BONUS, subscribe today and receive this 20-page Special Report:
Preparing for a Breakup in the European Monetary System
Most people are worried about the US dollar … and for good reason. These same people tend to see the euro as a real competitor vying for world reserve currency status. Many have been conditioned that way by the financial press. But we believe the risk of breakup in the European Monetary System is building rapidly. We examine the structure of this “artificial fiat currency” and why another downturn in the global economy could mean lights out for the euro. Be prepared.
Even if you decide to cancel, keep the report – it’s yours as a ‘thank you’ for giving us a try!
Even in tough times, which we recognize is on everyone’s mind these days, that’s a very reasonable price for the versatility and money-making potential packed into these newsletters. Of course, at a little over $3 per day you could instead put that money towards you’re morning cup of coffee on the way to work, I guess.
If you want to learn how to implement a solid approach to currency investing … or even if you’re just looking for well-researched trading and investing ideas …
Director of Sales and Marketing
Black Swan Capital
Futures, Forex and Option trading involves substantial risk, and may not be suitable for everyone. Trading should only be done with true risk capital. Past performance either actual or hypothetical is not indicative of future performance.
Black Swan Capital newsletter services are strictly informational publications and do not provide individual, customized investment advice. The money you allocate to futures or forex should be strictly the money you can afford to risk. Detailed disclaimer can be found at http://www.blackswantrading.com/disclaimer