Week of August 8th, 2011. What To Do, What To Do. The phone is ringing off the wall as long-term followers are seeing my predictions come to pass. I’m sorry I was a little early, better early than too late. OK, we had to bite our nails for awhile (some were down to their knuckles). So, the catchword now is going to be, sell any rallies. The party (yes, we’re going to make a lot of money on this crash) has just begun. Nothing has changed, the idiots in Washington have not established a solution (in fact, they don’t have a clue), so it’s going to be chaos for the foreseeable future. And chaos is what they want. They want a New World Order, a New World currency, a New World Religion. Maybe there will be some New World Leader to emerge out of all this (you know what he’ll be called). For sure, there will be volatility,

So if your heart can handle the swings, there should be plenty of opportunities for profit. Just remember, convert, redeem your profits out of any paper into something tangible, something real. Like silver, or (if you haven’t already done it) survival stuff, water, food, ammo. In my book,  “America’s Monetary Mess”, I noted, 2 decades ago, that a common barter item that might become so valuable that it might be used like money, was the 22long rifle cartridge. So if you can’t afford some silver, ammo might be a good alternative.

What to watch. We have a daily list that we follow for our subscribers and customers. So if you don’t mind doing the work yourself, we offer the list for your perusal, along with some comments. Here we go.

These are all ETFs.

UUP and UDN. This is the U.S. currency (note we don’t call it the Dollar. The Dollar is a silver coin, no longer in common circulation. This U.S. currency is a note that is no longer redeemable—hence, it is falling in value. The UDN is the inverse, so long term, we will take long positions to capitalize on this note’s failure.

Next, ETFs for the major currencies, FXA the Australian currency, FXB the British currency, FXC the Canadian currency, FXY the yen, its inverse, YCS; FXF the Swiss Franc. The Euro is FXE, two inverses for the FXE are DRR and EUO. We watch the Chinese currency, CYB,

FXS the Swedish krona. We watch interest rate instruments, TBT, TBF, and FAZ.

Then, since our bias is to be short the stock market for the foreseeable future, we watch these inverse ETFs; SKF, PSQ, QID, DOG, DXD, SH, SDS, SQQQ, SJH, SKK.

Of course, we monitor GLD and SLV as well as copper, as well as 20 or so various commodity ETFs. We watch funds like RYURX, which we consider a bellwether, confirming for us the validity of the trend.

 

So, that’s it, folks. You have your choice of participation, from a subscription to hand-holding, to every nuance in between. Please give us a call to discuss how we might be of assistance to you. Thank you.

copyright 2010
The ETF Report
Lawrence Sarsoun
321-259-4729
sarsoun@hotmail.com                              
Melbourne, Florida