Taipan Daily’s Justice Litle review the current trends of gold, the U.S. Dollar and small caps. Finding suprising strength in the dollar in the short term, he finds greater strength in gold and gold stocks for the long term.

Justice Litle, Editorial Director, Taipan Publishing Group Gold, small caps and the U.S. dollar have had a stable three-way relationship for the better part of the 2009 rally. Now the three could be parting ways.

Dr. Marc Faber is one of the few market wise men whose thoughts are worth pondering. His monthly “Gloom, Boom & Doom Report” is always a good read. He is an active, Asia-based investor with decades of experience, hundreds of millions under management, and many prescient calls under his belt.

Faber has stated firmly and clearly what he thinks of the U.S. dollar. As you might expect, his opinion is not too flattering.

In the long

...

BA does almost nothing right. So why is the stock up 52%? We have all heard the old saw as to how “the market climbs a wall of worry.” There is, of course, an inherent truth in this. Investors always take on a bit of risk in exchange for their gains. One might imagine that this is a well-reasoned and well-researched risk. Yeah, well, you’d probably be wrong about that. For most of the past eight months, most investors haven’t even shown the common rules of life we try to teach grade school kids, like “look both ways before you cross the street,” or “don’t trust that weird guy in the rusty old Buick ...

By Adam Lass, Senior Editor, Taipan Publishing Group

This American company has gained 777% the old-fashioned way: selling junk in backroom deals.

As regular readers know, I am a Ford man.

Back when I was a kid, you had to make three really important choices. First, you had to pick a political party. Didn’t matter how well you knew the candidates – you picked a party and that’s what you were.

We are talking Democrat or Republican here. Libertarians weren’t much discussed, and backing the Socialists could get your parents blackballed at work. And if you wanted peace around the dinner table, you just went with the same side your folks did.

Second, you had to choose “your” baseball, basketball and football teams. We didn’t have rotisserie leagues back then, so there was no “à la carte.” You picked your guys, and you defended their every move in the schoolyard and on

...

Can Technical Analysis reveal the exact date the rally will end? Editor Adam Lass gives Taipan Daily readers a brief walk through a technician's view to demonstrate three intriguing formations - and...div class="feedflare" a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=lfN1iha3Ue0:jSzUmNuWOD4:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/taipan?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=lfN1iha3Ue0:jSzUmNuWOD4:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/taipan?i=lfN1iha3Ue0:jSzUmNuWOD4:V_sGLiPBpWU" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=lfN1iha3Ue0:jSzUmNuWOD4:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/taipan?i=lfN1iha3Ue0:jSzUmNuWOD4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=lfN1iha3Ue0:jSzUmNuWOD4:wd9GD17jvC4"img src="http://feeds.feedburner.com/~ff/taipan?d=wd9GD17jvC4" border="0"/img/a a href="http://feeds.taipanpublishinggroup.com/~ff/taipan?a=lfN1iha3Ue0:jSzUmNuWOD4:l6gmwiTKsz0"img src="http://feeds.feedburner.com/~ff/taipan?d=l6gmwiTKsz0" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/taipan/~4/lfN1iha3Ue0" height="1" width="1"/

by guest author: Adam Lass http://taipanpublishinggroup.com

Impressed by yesterday’s breakout? No, not really! In fact, I think you should short the pants off it.

I may as well start the column with the question everyone is asking me.

“If everything is as bad as you guys say, if the shoots are all shriveling, if banks are all screwed, if the technicals are calling for a whopping breakdown, why is the Dow breaking out?”

Are things really better all around than your erstwhile bearish correspondents have been telling you?

The simple answer is “no, it’s not.” And also, “no, they’re not.”

Facts vs. Slogans

Let’s address that second denial first.

As much as the cheerleading squad might wish to muddle the issues, the basic facts of the matter remain quite clear. Every honest economist concedes that the recession will continue through the rest of 2009 and into 2010.

We have become so numb to the word recession that many investors …

By Guest Author: Adam Lass (www.taipanpublishinggroup.com)

Anyone who has ever flown on most any commercial airline is familiar with this scenario: Your plane is supposed to depart in the next few minutes. The big board says the flight is on time. The lady behind the counter is all smiles.

But you haven’t actually boarded or anything. In fact, as you squint out the window, you can see that there is no plane available to board, a fact that the oblivious clerk seems unable or unwilling to acknowledge.

Thirty minutes after your takeoff slot has come and gone, the ubiquitous screens that decorate the departure lounge’s walls suddenly blur, flicker and light up with the announcement that some flights may be delayed… by 10 minutes.

Airlines Crash and Burn

I’ve always wondered: Is this just wishful thinking? “Maybe pixies will make a plane appear!” Or more probably, “Maybe if we say nothing, no one will complain.”

When …

Make more than 300% when the world wakes up sick come winter.   There is a myth in this biz that “if it bleeds, it leads.” The idea is that what truly makes mainstream media moguls happy is guts, gore and conflict. Drama sells, and sells well. Death, war and sex sell even better.

It’s commonly held that when Frederick Remington cavilled to William Randolph Hearst that conditions in Cuba were not bad enough to warrant hostilities, Hearst told Remington to shut up and draw: “You furnish the pictures and I’ll furnish the war.”

The truth is, as always, somewhat more complex. Yes, a good tale of death and destruction will hold the public’s interest for a while. But it has to be something they can easily wrap their minds around. And it has to go somewhere if it’s going to have

...

V-Shaped Bottom or Second Valley? The truth can earn you 79%.  Watching economists attempt to find consensus can be like watching a burlap sack full of cats – lots of sound and apparent action, but precious little benefit.

Unfortunately, you eventually have to open the sack full of angry cats to find out how it all comes out. And then there’s that part about going to jail (or hell) because you put cats in a burlap sack.

Not that I would ever do something like that. This is really just one of those mental exercises. But I do watch economists a lot. I guess someone has to.

The One Real Question

The big argument this week: “The V-shaped bottom” versus “The Second Valley.” I guess we should open the sack a bit and see who’s winning.

Adherents to the former believe that we have seen the worst that fate (or rather our own stupidity

...

Get up, stand up… stand up for your rights…Get up, stand up… don’t give up the fight…– Bob Marley & The Wailers. Thanks to you, dearly beloved reader, Jim Amrhein and I have a friendly Taipan Daily rivalry going. It seems Jim’s time spent basking in the glory of an all-time reader response record (for “A Kind Word and a Gun“) was all too short.

As quickly as you, the readership, set a new feedback milestone with your outpouring of thoughtful replies on guns and Second Amendment issues, you then outdid yourselves with an even bigger response to Friday’s missive, “Will California Go to Pot?”

So now ol’ Jimbo and I have an excuse to rib each other in the one-upmanship

...

Another sure sign that inflation is a clear and present danger is the recent rise in oil prices. Wednesday, crude oil set its 2009 high at $54.83 in New York intraday trading.

And as Adam Lass points out in Taipan Daily, “for most of this year, $50/barrel has been one of those psychological ‘lines in the sand,’ much like Dow 8,000 for a while there.”

There can only be two reasons for this, according to Adam:

First of all, there is the obvious: if the global economy recovers even in the slightest, the ensuing increases in manufacturing, shipping and travel will require energy, and despite the best of green intentions, for now energy still means oil.

Second, despite all the rumblings about finding a new world currency, oil is still priced globally in dollars. And while it may be taking Washington an agonizingly long time to actually disburse all the

...