GEAB 69: Katrina-Sandy : From one Storm to the Other, the End of America as we Knew it

Here are the highlights of GEAB 69 (Novenber 2012) entitled "Katrina-Sandy : From one Storm to the Other, the End of America as we Knew it":

• Katrina-Sandy : From one Storm to the Other, the End of America as we Knew it - The LEAP team has a controversial view that says Sandy, a small storm that has put New York to its knees, has shown that America has greatly weakened, and that it's the country we once knew anymore. In this section they also address the political division of the US and its dire financial & economic situation.
• 2013, the king is naked: The great geopolitical dislocation of America. - The US economy is slowly but surely weakening, and 2013 will be the year of the real crisis where the "dollar wall" will collapse.
• China 2013 : The global riot laboratory - A view of riots in China, and their consequences.
• A Canadian Tragedy – The Slump of its Real Estate Market - Contrary to the view of Canadian banks who see a market stabilization, LEAP believe the recent slumps in Toronto and Vancouver announced the popping of the Canadian real estate bubble.
• Strategic and operational recommendations. Currencies may remain irrational for a little longer, it's not to late to escape from the stock market, get physical Gold and do not play short term trades, energy commodities are better for the long term, but may suffer in the short term, and it's really not a good time to invest in Canadian real estate..
• The GlobalEurometre - Results & Analyses. Only 65% of respondents expect the dollar to go down, which is the lowest figure since the survey started.

The full GEAB 69 report (PDF format) is available to LEAP 2020 subscribers for 200 Euros per year for 10 new issues + the 6 issues published before registration.

Mike Maloney Interviews Jim Rogers

Mike Maloney, of goldsilver.com, interviews Jim Rogers on the 20th of March 2012. They discuss about  about markets, Bernanke, the East/West Cycle and more...

Peter Schiff Launches a US Equity Fund (EPUSX)

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Euro Pacific Asset Management, affiliated with Peter Schiff's Euro Pacific Capital,has announced the launch of the EP Strategic US Equity Fund (EPUSX).

The EP Strategic US Equity Fund aims to provide capital appreciation and income over a long-term investment horizon by primarily investing in US-domiciled companies that the fund managers believe may benefit from increasing international sales in overseas markets in order to protect investors against the depreciation of the US dollar. 

Here's the rest of the press release:

 

The Fund is overseen by Peter Schiff, investment committee chairperson, and managed by Jim Nelson, CFA; the same team that oversees Euro Pacific Asset Management's other fund offerings. Patrick Rien, CFA, will serve as co-manager of the Fund. The Fund is designed for US-based investors who would like get exposure to US equity markets by owning a basket of American companies that derive a majority of their earnings from overseas. It is expected that such companies will benefit from an environment of US dollar weakness.  

"Many American investors believe strongly that global economic conditions will continue to push up key foreign markets at a faster growth trajectory than what will likely be seen in the United States" said Peter Schiff. "At the same time, many of these investors want, or in some cases need, to maintain exposure to the US equity market. We hope to bridge this gap by offering a fund that holds US companies that derive a majority of their earnings abroad."  

The Fund's portfolio management team will use a top-down approach to target attractive markets abroad, and a bottom-up approach to select US companies with the best fundamentals that have exposure to those markets. The team will favor markets that have shown a willingness to allow their currencies to strengthen against the US dollar, and that have high expected GDP growth, positive real interest rates, a sustainable current account surplus, and low levels of private and public debt. Additionally, the team will focus on companies that may benefit from country-specific trends such as growth in consumer spending, increasing foreign investment, or plentiful access to natural resources.  

"In an environment where the Dollar is weakening, it is of critical importance for investors to understand that some US companies are likely to perform better than others," said Jim Nelson. "With the EP Strategic US Equity Fund, an investor can own US businesses with overseas exposure to what we believe are the most attractive markets, while minimizing ownership of those firms focused solely on the spending habits of US consumers."