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Is Your Vehicle on the "Most Hackable" List?

My first car was a bone-stock 1929 Ford Model A coupe that has been in the family since it was new.

My late grandfather – a machinist on the Lehigh Valley Railroad – drove the car as his everyday vehicle until the late 1940s. My Dad restored the car in his mid-teens and drove it through his high-school years.

And I did the same…

  • Gold

  • With Economic Turmoil and Inflation on the Horizon, Higher Gold Prices Lie Ahead The gold bull is unstoppable.

    Gold prices are up fourfold since 2001 and hit a new record high near $1,250 an ounce on May 14. But they're still nowhere close to finished.

    In fact, another four-fold increase could be in the cards.

    "It sounds like a gold bug's dream," Money Morning Contributing Editor, Martin O. Hutchinson said in a May 13 Reuters BreakingViews column. "But looking back to the last inflation-adjusted peak price in 1980, it's far from impossible that the gold price could soon go above $5,000."

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  • Dodge a Possible Debt Debacle With These Two Stimulus-Plan Safety Plays U.S. President Barack Obama's $862 billion stimulus plan, passed in great haste after his inauguration, has now revealed its true costs and benefits. It didn't revive the U.S. economy - that bottomed about May 2009, before a dollar of it had been spent. Further, combined with the mad wave of similar "stimulus" outlays across the planet, it has destabilized global bond markets - which may end up being very expensive indeed.

    For details of the two stimulus-plan safety plays, read on...


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  • How to Play Gold – So it Doesn't Play You The Greek bailout has turned gold into a "must have" investment. But the new gold rally will be different from gold rallies of the past. This time around, gold isn't serving as protection from inflation... it's become more speculative. Read this report to find out exactly how to play gold now. Read More...
  • Gold Prices Surge and Will Keep Climbing as Investors Protect Against European Debt Crisis Gold prices yesterday (Wednesday) broke through to a record high, as investors feared the Eurozone bailout plan would debase the euro and escalate inflation.

    Gold for June delivery continued its record-breaking Tuesday climb to hit $1,243.10 an ounce Wednesday. The contract reached an intraday high of $1,249.20 an ounce. Spot gold prices hit $1,244.45 an ounce, up almost 20% in the past three months.

    Gold's reputation as a "safe haven" investment causes the metal's price to move inversely to investor confidence, which has been rattled by the Greece debt crisis and last week's 1000-point plunge in the Dow Jones Industrial Average.

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  • How the Greece Bailout Turned Gold Into a 'Must-Have' Investment With so much uncertainty in the U.S. stock market - not to mention the debt-contagion concerns emanating from Greece and other European Union (EU) countries - it's more important than ever for investors to hold "hard assets," such as gold and other commodities.

    In my view, what's happening in Europe is particularly important for investors to be aware of and understand. The so-called " shock-and-awe" bailout strategy undertaken by the EU and the International Monetary Fund (IMF) - which establishes a $1 trillion rescue package for member-countries facing financial crisis - will not be the answer.

    To see how gold and other hard assets are becoming "must-have" investments, please read on... Read More...
  • Bankster Gangsters: Global Commodities Grab Causes Major Bank Profits to Soar Major bank profits are up. Way up.

    Goldman Sachs Group Inc. (NYSE: GS) just reported that its first-quarter earnings nearly doubled to $3.46 billion, the investment-banking giant's second-most-profitable quarter since going public a decade ago.

    JPMorgan Chase & Co. (NYSE: JPM) recently said its first-quarter earnings came in at $3.3 billion, up 55% from a year ago.

    And Bank of America Corp. (NYSE: BAC) reported that its earnings for the first three months of the year rang in at $2.83 billion.

    For all three of these banking giants, the first-quarter results blew past analyst expectations. Their stock prices? Approaching levels not seen since the start of the financial crisis. In fact, JPMorgan's stock is within 10% of its five-year high.

    Major bank profits are zooming - despite the fact that U.S. consumers are struggling to repay loans.

    So how are these guys pulling this off? Well, if you dig, you'll find that the bulk of major bank profits are coming from stronger trading revenue and other segments that are enabling the largest banks to overcome weakness in the lending area, which decades ago was the banking sector's bread-and-butter business.

    If you dig deeper still, as I've done, you unearth one of the key reasons these banking behemoths are booking such massive profits. They've been moving enormous amounts of capital into one area of the market.

    I'm talking about commodities.

    For an inside look at how banks can reap 15-fold returns on their physical-commodities stakes, please read on... Read More...
  • How to Profit As Copper Becomes the "New Gold" Copper is a key metal that keeps the world economy humming. Used in art and industry, copper consumption has grown by 4% a year since 1900. But, for some reason, everyone in the world still prefers gold. Read this report to discover why copper may become the "new gold" for investors. And, find out the best ways to profit from copper's rise. Read More...
  • Here's What a Veteran Trader Sees for Gold Prices… Gold has made some dramatic moves in the last 18 months and we expect it will undergo some equally dramatic moves in the future.

    But not right now.

    While I recognize that gold is one of the few "commodity" markets that people are really passionate about, the purpose of this article is not to take sides either with the gold bugs or those who reject the argument that gold is "forever." Rather, I want to discuss my interpretation of the market's cycle.

    After spot gold made an all-time high against the dollar at $1,226.37 on Dec. 2, gold has been in "retreat" mode. For the past several months, gold has been in a broad trading range, seemingly unable to move one way or another. This process has created frustration among bulls and bears alike.

    Here is the dirty little secret about the gold market: It can be a horrible investment and here's why...

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  • It's Time to Invest in Canada This isn't the first time that I've written about Canada, a well-run country that has avoided many of the mistakes made by the United States. Its budget deficit is moderate, its balance-of-payments deficit is also small, its banking system is in pretty good shape and it faces very little inflation risk, since the country has maintained a reasonable monetary policy.

    At this point, you might well be asking: Well, if you've said this all before, why does it bear repeating now?

    The answer is simple: As I've hunted for attractive investments recently, I have noticed that a very high percentage of those companies are domiciled north of the border.

    In short, it's time to invest in Canada.

    To discover the profit opportunities available just north of the border, please read on...

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  • The Scramble for Africa: Profiting From World's Largest Cache of Commodities In the quarter century stretching from the late-1880s to the First World War, there was a mad rush by the world's leading powers to occupy and annex African territory. Now, 100 years later, the world's elite again are scrambling to make their respective marks on the continent.

    The methods of extraction have changed, but the end goal remains the same - to gain access to Africa's coveted bounty of commodities.

    Most notably, Chinese interests have swarmed Africa, constructing roads, rail lines, municipal buildings, schools, ports, and pipelines in exchange for access to natural resources.

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  • Plummeting British Pound Leads to Worries of Another Currency Market "Black Wednesday" Outside of the earthquake rescue efforts in Chile and the Greek-rescue efforts in Brussels, the big news in the world economy last week occurred in currencies.

    As you can see in the chart below, the plummeting British pound sterling has dropped even more than the beleaguered euro in the past month and a half, while the good old U.S. dollar has been as good as gold. (That last bit was a bit of currency irony; the dollar has actually been much better than gold, which has flat-lined in the past six weeks.)

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  • How the Looming "Debt Bomb" Will Crush the Dollar The U.S. dollar has staged a short term rally against other currencies. But the U.S. is already gripped by hidden inflation and must refinance a mountain of short-term debt in just months.

    Here's how to protect - and grow - your money, even as the debt bomb explodes... Read More...
  • Soaring Lumber Prices and Strong D.R. Horton Report May Not Signal an Immediate Rebound in Housing Stocks Crude oil, gold, steel and commodity stocks have all taken it on the chin to varying degrees so far this year.

    But not every commodity has suffered this same tough fate. In fact, there's even been a major standout. It's a commodity that most investors rarely think about.

    I'm talking about lumber.

    Read More...
  • Will Copper Become the "New Gold?" The Statue of Liberty is one of the most recognizable American icons in the world.

    And as she towers 305 feet above Ellis Island, what's Lady Liberty wearing? Copper - 60,000 pounds of it.

    Clearly, copper's big in art. It's also a key metal that keeps the world economy humming. Copper consumption has grown at an average annual rate of 4% since 1900. China and India - which some analysts describe as the combined market of "Chindia" - where one of every three human beings resides, needs loads of this element to meet its modernization requirements for electricity and infrastructure.

    Copper is also used in today's currency, where most U.S. coins are actually 92% copper, and 8% nickel.

    But there's no denying that, given the choice, nearly everyone prefers gold. It's valuable, it's seductive and it's mystical.

    Ancient kings fought wars to amass it. Yet, for thousands of years, its most enduring role has arguably been in the form of money - as a store of value.

    That's because fiat-paper-currency experiments have never lasted, and always ended badly.

    Increasingly, followers of the Austrian School of Economics are nostalgic for gold to regain its former glory, perhaps "backing" a new international currency.

    But despite gold's much longer history as true money, some believe that copper - the much humbler metal - could be positioning itself to upstage gold.

    To find out more about the forces that will transform copper into the "New Gold," read on... Read More...
  • If China Sneezes, Wall Street Will Catch A Cold Investors who needed proof of China's increased importance in the post-financial-crisis world only have to look at the nervousness of recent weeks to get a glimpse of the future.

    When U.S. stocks fell sharply late Friday, they capped off a harrowing 10-day span that has seen the broad U.S. market benchmarks drop by nearly 7%. Emerging markets are down 9%. Not surprisingly, investor fear has sent volatility rocketing 40% - the largest two-week increase since the global financial crisis went nuclear back in October 2008.

    Complicating matters was the continued strengthening of the U.S. dollar - something we've been discussing and warning about for a few weeks. With fear on the rise among global investors, many are abandoning risky positions in emerging-market stocks and bonds and moving cash into the safety of U.S. Treasuries. This bolsters the dollar, which was up 4% in two weeks. That exerts a lot of pressure on commodities. Crude oil fell more than 7% during the week. Gold is down 5%.

    The corporate bond market - which has been red hot lately, helping to underpin stock-market gains - continued to advance, but slipped relative to ultra-safe government debt. Tim Backshall of Credit Derivatives Research wrote in a note to clients that both high-yield and investment-grade credits have been making the longest and most consistent run of lower lows versus ultra-safe U.S. Treasuries since February 2008.

    While government debt has the edge for the moment, the long-term corporate-credit bull market remains intact, according to WJB Capital Group Inc. strategist Brian Reynolds. He sees the credit bears making a run at credit-derivative products that insure against bond defaults, which are a cheap way to try to manipulate the market.

    Indeed, the cost to protect against default at banks like JPMorgan Chase & Co. (NYSE: JPM) and Goldman Sachs Group Inc. (NYSE: GS), not to mention Greece, jumped noticeably last week. But the damage has been limited as bears have failed to get traction against the instruments that they used to catalyze the 2008 credit crisis.

    This lays the groundwork for a powerful snapback rally for stocks.

    To find out more about the China Surprise, read on ... Read More...