Links

In this segment from Monday's Korelin Economics Report. Rick and Al discuss What you can do to help protect yourself in the choppy markets.

Here's a funny YouTube that puts the Occupy Wall Street movement in perspective.  Click here.

Did yesterday's savaging of gold and silver leave you feeling glum?  Click here for something that will cheer you from our friend Chuck Cohen, a New York-based financial consultant. Chuck is about to roll out a new line of services, but if you'd like to tune regularly to his wise thoughts on the precious metals world and the markets now, drop him an e-mail at this address:  ikiecohen@msn.com.  Note: If you had trouble opening the link above, try this one. Chrome, Firefox and Explorer are all so busy these days beating each other's brains in that they all stink. I've end-run their stupid little game with a text version of Chuck's essay that should open in any browser.  There is also a link posted in the chat room that works to open the original Microcrap Word version.

Obama surely didn’t get where he is today on the basis of ability. That’s the premise of an August 2011 essay that I received yesterday via e-mail from a friend.  It seems implausible that a piece so devastatingly critical of Obama would have appeared in the Washington Post, but the details ring true and so I am running it regardless of its source.  Click here for the complete article.

From David P. Goldman, aka "Spengler," comes a trenchant geopolitical analysis with some startling conclusions.  Among them is a picture of Islam in decline due to precipitously falling fertility rates and a fatal clash with modernity. Europe is well on its way toward economic ruin as well, says Goldman, although the U.S., with its rapidly growing immigration population, will be in a commanding position to fulfill the demand for services and manufactured goods that an increasingly prosperous Asia, South America and India will demand.   Click here for the full interview with Frontpage.

Auerbach & Grayson analyst Richard Ross sees big trouble ahead: "My intermarket analysis of the major macro components continues to suggest that the Bullish posturing in risky assets belies a macro backdrop which remains on the verge of collapse." For the latest, 27-page report from A&G, click here.

In case you missed this morning's live webinar, embedded below is the recorded version. Several hundred traders stopped by for the session, during which we identified a number of promising trading opportunities. Thank to everyone for making the event a success.

Here's the latest from our far-flung correspondent, good friend and intrepid explorer Jonathan Auerbach, who is always ready and eager to do business where most others fear to tread.  Today he is evidently navigating the shoals between Israel and Gaza: "Entering the occupied territory of Palestine, problematic at best, reached new heights over the weekend for our merry band. One of us, a UK citizen by birth, with one of those funny names including the letter 'K' was interviewed for over an hour by soldiers and others convinced he was Iranian. I, always intrepid and straight forward with authority failed the metal detector at the Allenby bridge and was immediately segregated in a holding area for a 30 minute wait until I was pulled into a cubicle by a security person, who pulled the curtain closed and began slipping on rubber gloves; I prepared for the worst. He smiled and simply said, 'So, where do you have the weapons?'...'You have got to be kidding', I responded as I explained the location of my titanium prosthesis (Superman for those who play squash with me). An intimate pat down and wanding followed after which he said 'OK' and pointed me to the next waiting station without passport, by the way. Around an hour later 3 soldiers, one with my well-worn passport, called me away and interviewed me. 'Why are you coming to Palestine?' Answer: 'I am a broker and I am bringing two clients in to look at their investments and perhaps make more' Bad answer? Not where I come from. "More waiting followed and finally we were just told to go, met our driver on the other side and headed for Ramallah (another two Israeli checkpoints along the way). Ok, let's cut to the chase. Palestine has an electronic book-entry stock

Financial consultant Chuck Cohen's (click here to get in touch with him)  excels at interpreting sentiment figures.  Following is his very bullish, contrarian take on the latest data from Hulbert's: "This latest extraordinary Hulbert stock report, along with today's Investors Intelligence report (which reported increasing bearishness among its survey, in spite of a sharp rise in stocks,) reinforces the very bullish landscape for the stock market, and by proxy, the precious metals. This outlook is also reflected in the Hulbert Gold Survey, which is at nearly zero. "I realize that we are all seeing one gloomy announcement and prediction after another, but please rise out of your barricaded cellars, to understand that we are very likely to see a shocking rise in stocks and precious metals. The sentiment among professionals and the public is now approaching the 2009 lows when stocks rallied almost 66% to their highs. "This appears to be heading into markets unlike anything we have ever seen. My strong sense is while almost every pundit is warning of a deflationary depression, we are in a formative shift into hyperinflation."