Project Prophesy October Portfolio Update

Despite the September market correction, most investors are still positioned very overweight in risky assets. When a risk-off episode arrives, the lopsided nature of investor positioning means prices of many stocks can fall very significantly and very quickly. This decline will benefit our two latest put positions. Also, we know that the Fed will redouble its stimulus efforts during the next risk-off episode, which bolsters our gold positions. For now, read on as Dan gives guidance on all our open positions, including two stocks moving from a buy to a hold.

You Must Be A Subscriber To View This Content.

If you are already a subscriber, click the login button below to get access. Not yet a subscriber? Checkout our publication below and get access today!

Jim Rickards’ Project Prophesy


Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

View More By Dan Amoss