I'm Very Happy Right Now! You should read:

I'm Very Happy Right Now!
You should read:

I'm very happy that my latest options play the JP Morgan (JPM) March $40 puts finished today with a bid of $17.90 a gain of 353% from my October 2nd pick price of $3.95.

I'm also very happy that my TOL prediction came true. On August 31st I said, "We MUST short Toll Brothers (TOL) and buy put options in TOL" and "it is practically a 100% guaranteed sure bet that will pay off big!". I suggested the December $20 puts which were priced at $1.15 and said, "This is my Christmas present to you! They could be $5 by the time they expire December 19th, in my opinion!".

The TOL December $20 puts finished today with a bid of $5.40 for a gain of 370% from my pick price.

Our success this year has been unbelievable.

On February 13th I predicted Fannie Mae (FNM) and Freddie Mac (FRE) would crash. They were trading at $31.47 and $29.15 respectively. I suggested two different FNM puts and two different FRE puts. FNM and FRE are now trading for pennies and all four of my put option plays made gains at their highs between 192% and 335%.

On March 18th I predicted Lehman Brothers (LEHMQ) would crash. It was trading then for $46.49. I suggested a put option which later gained as much as 366%. On May 22nd, I announced another Lehman put option play, which made a gain at its high of 698%.

Today with the DOW down 444 points, Gold was up $12.70 to $748.70 per oz. I called the top of the Real Estate bubble in 2005 and started urging you to sell your Real Estate and buy Gold when it was approximately $400 per oz.

I believe Gold prices are about to go through the roof! Gold is being held down right now due to deleveraging and forced liquidations. This is just a short-term phase that will soon come to an end.

On November 9th, China unveiled a $586 billion economic stimulus plan. Because China doesn't have the world's reserve currency... they don't have the ability to print this $586 billion out of thin air without creating a tremendous amount of inflation. China will likely use their $1.9 trillion in foreign reserves, a large part of which is in U.S. treasuries.

This will come at the same time as the U.S. needs to sell trillions of Dollars in treasuries to fund its bailouts and its own stimulus. With China likely to become a net seller of U.S. treasuries at the same time as the U.S. needs to sell trillions of Dollars in new ones... the perfect storm is coming!

The U.S. will have no choice but to print these trillions of dollars out of thin air and the rest of the world will likely move to a new reserve currency. A major collapse in the U.S. Dollar is coming.

I said on October 28th when the DOW finished at 9,065 that it was a sucker's rally and to buy DGP, the double-long Gold ETN. The DOW has since then lost 17% of its value while DGP has remained practically unchanged.

DGP, in my opinion, is going to be the biggest gainer in the market over the next couple of months and should be the largest position in your portfolio. I predict DGP is back above $20 before you know it and sees $50 to $100 next year!