Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

Your Global Stock Investor portfolio had a solid week, with three of your holdings: Potash (POT), ArcelorMittal (MT) and the Elements Rogers International Commodity ETN (RJI) hitting record highs. Potash has more than doubled, up 101%, since we recommended it in October.

The pull back in iShares MSCI Brazil Index ETF (EWZ), Sasol (SSL), and Transocean (RIG) are all opportunities to add to your current positions.

Meanwhile, I have moved the CurrencyShares Japanese Yen Trust (FXY) to a HOLD, as the Fed is now focusing on talking up the U.S. dollar. Barrick Gold (ABX) also remains a HOLD as the gold price continues to correct.

Keep an eye open for next month’s Global Stock Investor to arrive in your mailbox soon. I’ll be recommending a turnaround play that’s one of Alpha Investor George Soros’ favorite global bets.


Barrick Gold (ABX) closed lower this week as the price of the metal fell to $879 an ounce on the New York Mercantile Exchange, after earlier trading as low as $869 an ounce. The stock is a HOLD.

Coca-Cola Hellenic Bottling (CCH) treaded water again this week. Without much news, there is little to drive this stock. The stock’s current oversold position is a terrific opportunity to BUY.

iShares MSCI Brazil Index ETF (EWZ) fell yesterday after data showed that the country’s economy expanded by 5.8% in the first quarter of this year. The figure met market expectations and added to speculation that the central bank will continue to hike interest rates to fight inflation. The recent correction is an opportunity to BUY the world’s top-performing market.

Exclusive  Global Tech Companies Leaving China For India  

CurrencyShares Japanese Yen Trust (FXY) dropped this week, as the Fed has embarked on a campaign to talk up the dollar. The Yen is losing its status as a hedge against falling equity markets, so I’ve moved it to a HOLD.

Millicom International (MICC) paid out its $2.40 dividend on June 9 and the payment should have hit your accounts already. The stock itself was flat this week, even as the initial public offering of Kenya’s Safaricom soared 40% in its debut. This was the biggest initial public offering ever in East Africa, and was oversubscribed by more than 500%. With investor interest in Africa growing, use any pullback as an opportunity to BUY.

ArcelorMittal (MT) closed at a record high of $104.25 last week before its stock price dropped back into double digits this week. The world’s largest steelmaker announced that it planned to double the steelmaking capacity of its Temirtau plant in Kazakhstan to 10 million tonnes. The stock is a BUY.

Potash (POT) continues on its relentless path upward, and is trading up at record highs in pre-market trading this morning. The stock has now more than doubled since our initial recommendation. Potash has a larger market cap than Goldman Sachs. POT remains a top BUY.

Transocean (RIG) is as technically oversold as it was when the market bottomed in March. With soaring oil prices here to stay, and the stock cheap on a forward-earning basis, the world’s biggest driller oil services company is a BUY.

Elements Rogers International Commodity ETN (RJI) hit a record last Friday before falling back slightly. This holding is a diversifier in your portfolio and remains the safest play on the commodity boom. It is a BUY.

Exclusive  The Nasdaq and Cryptocurrencies Finally Part Ways

Sasol (SSL) was upgraded by Citigroup, which raised it price target on the stock to $76.50. That’s a substantial 30% upside from Sasol’s current levels. The stock is a BUY.

I invite you to join me at the 30th anniversary celebration at The Money Show San Francisco, August 7-10, 2008. Hear from 50+ world-class experts in more than 150 FREE workshops at the San Francisco Marriott, where you will be given every opportunity to refresh your perspective and prepare yourself for the uncertainty that may lie ahead. Meet face-to-face with 150+ investment companies and evaluate the products and software designed to help you improve your market performance. Call 800/970-4355 and mention priority code #009613 or visit The Money Show San Francisco’s Web site to register FREE today!

share on:

Like This Article?
Now Get Our FREE Special Report:
Alternative Investing: Investing in Timber

Stock Investor editor Paul Dykewicz reveals why investing in timber may be one of the best long-term portfolio strategies you'll find today.

Get Access to the Report, 100% FREE

share on:


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader

Used by financial advisors and individual investors all over the world, is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor