Counterfeit dollars, counterfeit wars and real gold

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On Tuesday, I wrote, “China, Russian, Brazil and other growing economies want to replace the dollar-as-the-world’s-reserve-currency with gold-backed oil trade.” And yesterday, in Cody Kiss & Tell: When to Sell, Ciena Price Target and More Cody Coming, I was asked to provide some links on that topic. Wars are rarely fought for the reasons we’re told and that are discussed in the mainstream media. Here’s some more info to challenge your thinking on Syria. Let’s get some gestalt from stepping back and looking at the headlines that matter and some that don’t.

Australia And China To Enable Direct Currency Convertibility
China, Brazil Sign $30 Billion Swap Accord to Bolster BRICS
China Maneuvers To Take Away U.S.’ Dominant Reserve Currency Status
And this is from a TWC subscriber who shared this with me via Twitter: HACIA LA TERCERA GUERRA MUNDIAL.

Strategic Stock Trades - Of all the many traders I know and track, my old friend Rick Gobel’s got the hottest hand in the markets so far in 2013. His latest hit was ARO.

Economic Data Looks Pretty Good - Is bad news good news or is bad news bad news or is tapering good or is it bad and how do you like your eggs? Does the economic data matter to traders and investors at this stage of the cycle? Will the markets never correct (or nowadays is that “allowed to” correct?) in our lifetimes again? How much of this present economic data is already priced in with the markets near all-time highs and up huge from recent years? Good questions. Better to ask them now while it’s seemingly all good rather than later when the next downturn and/or crash comes.

Kids counterfeit millions of U.S. dollars in Peru - I guess Helicopter Ben Bernanke ain’t the only one printing dollars like a madman. Ba-da-bing! Don’t forget to tip the waitress.

Treasury yields close to 3% as prices tumble after economic data - Subscribers to Marketwatch Revolution Investing have been positioned perfectly to profit on this Treasury collapse and yield spike. Do you know the best way to profit on higher rates?

Apple, Samsung may take the spring out of Fossil’s Michael Kors watches - Samsung’s latest smartwatch isn’t all that much of an advance over previous watch offerings and if Apple doesn’t roll out something a little more impressive whenever they finally release their own iWatch, I’m not sure the smartwatch is going to be much of a market. Meanwhile, I do think Fossil’s business is in secular decline as I outlined in my book last year, 12 Stocks with Broken Business Models.

HotelTonight Raises $45M - We are now in the thick of what I was calling the coming “App Revolution Bubble“. I’d rather be an app company seller than an app company buyer at this point.

Claims Per Deliverable Ounce of Gold Rise To Over 54 As the August Delivery Period Ends - Readers of The Cody Word here know how much flack I took for loading up on physical gold and silver back earlier this summer. I expect that this stuff at over the course and perhaps at a certain climactic point in my lifetime that I’ll see the dollar down 90% and these up 10x vs the dollar. I’ve also just released my book “Everything You Need to Know About Investing in Gold and Silver”

NFL odds 2013, Week 1: Ravens vs. Broncos - I wanted to give less than 6 points and bet on the Broncos, but with the line at 7.5, it’s not nearly as good of a bet. Would still rather bet with the Broncos though. Cody’s picks of the week are: Giants over Cowboys, Panthers over Seahawks, and Eagles over Washington.

Cody Willard writes Revolution Investing for MarketWatch and posts the trades from his personal account at TradingWithCody.com, which is not affiliated with MarketWatch. At time of publication, Cody was net long Apple, gold and silver. Follow Cody on Twitter at twitter.com/codywillard.

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Cody Willard

Founder, CEO & Chairman at Wall Street All-Stars, LLC

Cody Willard is the founder of Wall Street All-Stars and the principal of CL Willard Capital. Cody serves as an adjunct professor at Seton Hall University and writes TradingWithCody.com. He was an anchor on the Fox Business Network, where he was the co-host of the long-time #1-rated show on the network, Fox Business Happy Hour. He wrote a monthly investment column for The Financial Times as well as columns for TheStreet.com and was a regular guest on CNBC’s Kudlow & Company from 2004 to 2006. Cody’s stock picking ideas and economic outlooks have been featured on NBC’s The Tonight Show with Jay Leno, ABC’s 20/20, CBS Evening News, CNBC’s SquawkBox, Jon Stewart’s The Daily Show, as well as in the Financial Times, Wall Street Journal, New York Times, and many other outlets.