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The Wall Street Greek blog is the sexy & syndicated financial securities markets publication of former Senior Equity Analyst Markos N. Kaminis. Our stock market blog reaches reputable publishers & private networks and is an unbiased, independent Wall Street research resource on the economy, stocks, gold & currency, energy & oil, real estate and more. Wall Street & Greece should be as honest, dependable and passionate as The Greek.



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Wednesday, December 31, 2014

GDX – The Way to Play Gold in 2015

Gold’s great fall of the past two years has been well-documented, and many experts see good enough reason for it to continue a while longer. However, I see the dynamics around the price of gold shifting. Given the greater swing lower of gold miners versus the price of gold, they may be priced right to benefit in a greater way from a turn in trend. Many of the miners are small and some are over-levered and vulnerable to further decline in the price of the commodity. So for the wherewithal to survive any further downswing while still availing capital to benefit from an upward move in gold, I suggest investors consider the Market Vectors Gold Miners ETF (NYSE: GDX) here. I think that it’s one of the best ways to play for a turn in gold. See the full report on the Market Vectors Gold Miners ETF here. Also interests the Market Vectors Junior Miners (NYSE: GDXJ).

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Buy Gold in 2015

The dynamics around gold are changing here at the end of 2014, and I expect the factors that support gold to gain greater weight in 2015 against the factors that have driven it downward through 2013 and 2014. Risks remain for further downside, but they are less pronounced, so long-term investors should again consider buying and holding gold here. I have held a short opinion against gold since September 5 of this past year, but this report should serve as formal notice of a shift in my view. I see gold okay to hold here for the long-term, and see the precious metal carrying the potential to spike higher at any moment. See Gold Outlook for 2015 – Buy & Hold Here. SPDR Gold Trust (NYSE: GLD), Sprott Physical Gold Trust (NYSE: PHYS), Direxion Daily Gold Miners Bull (NYSE: NUGT), Market Vectors Gold Miners (NYSE: GDX), iShares Silver Trust (NYSE: SLV).

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Tuesday, December 23, 2014

Christmas Terrorism Event Likely to Spike Gold Prices Higher

Readers - This is the kind of bold content you will only find on an independent blog like ours. This article is critical for gold investors and yet it would never make the sites of major publishers because of its mere prediction of terrorism. Follow our blog using one of the methods available at our home page at WallStreetGreek.com to receive more fearless and relevant content like this.

crossing the line
Gold seems to have nowhere to go but downward now that stocks are again attracting capital investment. However, gold’s downward drift may be abruptly replaced by a spike higher at any moment over the next week or so due to a very relative “event risk.” I see this event risk as probable enough to suggest the closing of the short positions against gold that I’ve supported from September until now. Investors might even consider taking new long stakes in gold or to take stakes in volatility instruments to hedge against risk, at least for the next week or so, despite the heavy weight against gold if the “event” does not come into play.

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Our founder earned clients a 23% average annual return over five years as a stock analyst on Wall Street. "The Greek" has written for institutional newsletters, Businessweek, Real Money, Seeking Alpha and others, while also appearing across TV and radio. While writing for Wall Street Greek, Mr. Kaminis presciently warned of the financial crisis.

Christmas Terrorist Attack Could Spike Gold


GLD chart
Since my September 5th report, I have mostly discussed the downside likelihood for gold, and I have been correct, given the 7.8% decline in the SPDR Gold Trust (NYSE: GLD) from then through today’s close. Note also that the GLD was actually up approximately 5% on the year-to-date into September 5, a period in which I was often criticized for being bullish gold, especially on the early year capital flow catalyst I saw and the spring-time influence of Russia.

I would certainly continue to favor the downside for gold now given recent central bank actions both here in the U.S. and in Europe and Japan. However, my position is now disrupted by a near-term threat to the short bet against gold. There is a highly relative and significantly possible event risk that could cause a near-term spike in gold prices, and it’s not worth bearing for short investors. As a result, and despite the tendency for gold to otherwise drift further lower near-term, I am pulling my downside call here and my target for the SPDR Gold Trust (NYSE: GLD), at $105, and suggesting investors close short positions for now.

The event risk I write of is that of terrorism potential this week, which I and relative geopolitical experts see as relative during the Christmas period. Over the past week or so, events have occurred in Australia, Pakistan, Nigeria and France, but those regions are not very relative to U.S. investors today. Neither have the attacks by individuals within the U.S. bothered gold or stocks much. However, historical precedence, heightened jihadism in Iraq and Syria, and fresh relevant threats make this worthy of investor attention and preparation, including within our portfolio of holdings today. The historical precedence is the foiled plot of the infamous “underwear bomber” to destroy a commercial passenger jet on Christmas Day 2009. The relevant threat is against airliners around Christmas in Europe and potentially in America. Of course, any terrorism, if Americans feel like it threatens them, would shake up capital markets and potentially disrupt the dollar’s rise against other currencies, and lift gold.

Precious Metals Security
12-22-14
YTD
TTM
SPDR Gold Trust (NYSE: GLD)
-1.9%
-4.6%
-2.9%
iShares Silver Trust (NYSE: SLV)
-2.6%
-17.7%
-17.4%
Market Vectors Gold Miners (NYSE: GDX)
-5.1%
-12.3%
-8.9%
Direxion Daily Gold Miners Bull 3X (NYSE: NUGT)
-15.3%
-68.4%
-60.8%
Direxion Daily Gold Miners Bear 3X (NYSE: DUST)
+15.2%
-23.9%
-41.5%
Goldcorp (NYSE: GG)
-5.0%
-19.3%
-12.8%
Newmont Mining (NYSE: NEM)
-5.0%
-23.5%
-19.0%

Gold relative securities have marked big losses for 2014, with just a week or so more to go for the year. In fact, they continued their slide Monday as stocks continue to rally and draw capital from other sectors of investment, which I suspected would happen and so held off on the writing of this article a day longer. I expect gold to continue to slide, unless and until the event risk of relevance here becomes reality. This is something gold investors both long and short should be aware of and prepared for. While I hope and pray the event risk of terrorism does not occur, I suggest investors currently short gold take off bets here and even consider long stakes, if not hedges in volatility instruments like the iPath S&P VIX ST Futures ETN (NYSE: VXX). I cover the market and gold regularly, so readers may find value in following our blog and my column.

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

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Wednesday, December 17, 2014

Gold is About to Collapse but Also Mark Bottom

I see the price of gold dropping sharply this week, but then marking a bottom within a matter of days. The dollar strength which has impacted gold’s decline most over the last several years should be refueled this week by two important central bank events. But within days of these events, I expect gold to mark an important bottom and to drive higher on a new concern I expect will be raised about the dollar’s safe haven status. See more about this gold report here.

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Monday, November 03, 2014

Gold Dropping as Predicted – Are You Ready to Listen Yet?

Gold is collapsing as I said it would over recent weeks, and as I reiterated recently in an article and in a piece about the Direxion Daily Gold Miners Bull 3X ETF (NYSE: NUGT) yesterday ahead of the predicted collapse in that security. The NUGT is now down roughly 44% over the last 3 trading days. So are you ready to listen to me yet?

Precious Metal Relative Security
YTD
TTM
SPDR Gold Trust (NYSE: GLD)
-3.0%
-11.8%
iShares Gold Trust (NYSE: IAU)
-2.8%
-11.7%
Sprott Physical Gold Trust (NYSE: PHYS)
-2.8%
-12%
Market Vectors Gold Miners (NYSE: GDX)
-18.6%
-31.4%
ProShares Ultra Gold (NYSE: UGL)
-8%
-24.3%
Direxion Daily Gold Miners Bull 3X (NYSE: NUGT)
-60.2%
-77.4%
Direxion Daily Gold Miners Bear 3X (NYSE: DUST)
+7.3%
+53.8%
iShares Silver Trust (NYSE: SLV)
-17.2%
-26.5%

Over the years, I’ve been on the long side of the gold trade and the short side of the gold trade, which has confounded many followers of my column. In fact, my articles have been criticized by people on both sides of the trade who are unaware of my historical record and see me as a perma-bull or bear, aka their enemy. It’s a real shame, because while people are arguing they are losing opportunities to enhance performance through a more nuanced and nimble trading strategy around the securities tied to gold. See my latest report on gold here.

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NUGT ETF Down 44% in 3 Days Since I Predicted its Downfall

The drop in the shares of the Direxion Daily Gold Miners Bull 3X ETF (NYSE: NUGT) had already been precipitous since August, but 3 trading days ago I said buying it (even here) could be akin to catching a falling knife. The Direxion Daily Gold Miners Bull 3X ETF (NYSE: NUGT) was down 61% since August 12, on a somewhat steady drop to the close of $19.35 for the levered ETF the day before I published. But I presciently wrote that it would fall further. In the 3 days since, it collapsed 44%. I said that based on my outlook for gold, buying it now could be akin to catching a falling knife. In my also prescient and profitable report, Gold Breakdown, I estimated the SPDR Gold Trust (NYSE: GLD) and gold prices could slip 11% or more to a target of $105 to $95. See my report on the NUGT ETF here.

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Wednesday, October 29, 2014

Gold to Sink 11% to 20%

Gold enthusiasts recently got a reprieve on the metal currency’s slide versus dollar strength. The emergence of Ebola in the United States caused some to question the protection of the dollar against global woes and to reconsider gold. However, Ebola fear is fading and the FOMC event today should remind investors of the Fed’s rate plans and reinvigorate the dollar. The SPDR Gold Trust (NYSE: GLD) has stabilized lately on what I see as market greed and hope. However, this event could push gold to break into new 52-week low territory, and I see the SPDR Gold Trust (NYSE: GLD) dropping a further 11% or more in 2014 from its current trade. Obviously, this statement is qualified on the assumption of no significant Ebola outbreak or terrorism in the U.S. See more about my view for gold here.


GLD Peers
YTD
TTM
SPDR Gold Trust (NYSE: GLD)
+1.7%
-9.0%
Market Vectors Gold Miners (NYSE: GDX)
-2.8%
-22.6%
Direxion Daily Gold Miners Bull 3X (NYSE: NUGT)
-29.4%
-62.8%
iShares Silver Trust (NYSE: SLV)
-11.9%
-23.9%


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Tuesday, October 14, 2014

Ebola - Good for Gold

Make no mistake about it, as the Ebola outbreak progresses, if the situation worsens, especially in the United States, the price of gold will rise. In a recent report, I warned that gold has 8% to 17% more downside in dollar terms due to likely ongoing strengthening of the dollar. However, one catalyst that could change that scenario is a greater outbreak of Ebola in the United States. See the report for more on this morbid gold catalyst. Article interests SPDR Gold Trust (NYSE: GLD), Market Vectors Gold Miners (NYSE: GDX), Direxion Daily Gold Miners Bullish 3X (NYSE: NUGT), Direxion Daily Gold Miners Bearish (NYSE: DUST), iShares Silver Trust (NYSE: SLV) and Sprott Physical Gold Trust (NYSE: PHYS).

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Tuesday, September 30, 2014

GLD – The Real Reason Gold has No Support

On Thursday, when the market tanked, television media made a fuss about the lack of safe haven demand for gold. Readers of this column should not have been surprised though, given my regular reminders about the importance of the strengthening dollar against gold and the fact that there was not much tangible danger to run away from Thursday. Though the media was not perfectly accurate about the move in gold, as the SPDR Gold Trust (NYSE: GLD) did rise on the day, I continue to dissuade investment in gold and the SPDR Gold Trust (NYSE: GLD) near-term. My reason is the same Fed rate outlook and strengthening dollar driving the commodity since peace broke out between Russia and Ukraine. While it’s possible capital could scare from stocks near-term, I’m not sure it wouldn’t choose cash over gold given the dollar drive. I would not consider a long position in gold before any significant terrorism catalyst or other unexpected event catalyst gave good cause for it. See the full story on gold here.

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Wednesday, September 24, 2014

GOLD – Terrorism Risk is Shockingly Absent from Analyses

The SPDR Gold Trust (NYSE: GLD) has reflected gold’s decline in the absence of Russia from the risk threat spectrum since Russia and Ukraine agreed to a ceasefire and plan toward peace. Given the removal of the Russian threat to the euro and potentially the dollar, which I’ve discussed in detail in the past, traders have had only interest rate expectations and dollar strengthening to look toward for guidance. It’s a serious weight against gold now, and should have investors divesting positions. As a result, the GLD security is declining precipitously. But where is terrorism risk assessment in our scenario analysis? Given the threats of the Islamic State and recent discoveries of plots in Australia and against the United Kingdom, shouldn’t we be thinking about this? See my full report on terrorism and gold here.

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Wednesday, September 17, 2014

GLD – Sell Any Gold Strength on the Fed Today

If the Federal Reserve’s announcement today offers the mild tone I am expecting and if the setup of the last several days drives an upward move in the SPDR Gold Trust (NYSE: GLD), I would use it to sell stakes. While my long-term perspective remains bullish for gold, I see near-term downside that traders need not bear. The writing is on the wall in big bold print and it is evident in the chart of the SPDR Gold Trust (NYSE: GLD) as well. No matter what the Federal Reserve does in its latest monetary policy announcement, it is headed toward raising interest rates. The dollar has already strengthened significantly against some currencies, but not against the broader base. See the full report here.

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Tuesday, September 16, 2014

GOLD - Waiting on Russian Response to EU

The EU announced that a new round of sanctions against Russia would take hold starting Friday. Because of the ceasefire agreement between Russia and Ukraine, the sanctions were held up as Europe debated what to do. The final conclusion of the group of nations was to implement the sanctions despite the new peace in Ukraine, but to review and/or revoke them in less than a month’s time depending on progress in Ukraine. Europe’s mistrust of Russia is evident in the way it went about this, and now the ball is in Russia’s court. It seems that what was meant by the EU to be a power play against Russia has exposed its division and weakness. I believe this leaves Russia more likely to now test the European resolve by countering these latest sanctions with some harsh Russian rebuttal. Such an action would serve to disrupt the euro, lay warning to the dollar and boost the price of gold. Much depends on the patience of Russia and its next move. See full report here. Article should interest SPDR Gold Trust (NYSE: GLD), Market Vectors Gold Miners (NYSE: GDX), Direxion Daily Gold Bull 3X (NYSE: NUGT), iShares Silver Trust (NYSE: SLV), Goldcorp (NYSE: GG).

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Saturday, September 13, 2014

Doomsday Preppers - Iran, Russia & China?

The hit television program Doomsday Preppers could do an episode on some new sovereign state members this year. Russia, Iran and China seem eager to join the network of peoples preparing for the end times! All three are now engaged in barter trading, which is a telltale sign of a ‘prepper’. It’s also a signal to buy the SPDR Gold Trust (NYSE: GLD), since fiat currency is no longer en vogue amongst the dastardly dynamos of Asia. I suppose that if tensions keep up between at least two of these three and the United States and Europe, even westerners might someday prefer mankind’s fallback currency. This supports my long-term argument for gold and for traders to buy the Market Vectors Gold Miners (NYSE: GDX). See this full report at Gold – Russia, Iran & China are Doomsday Preppers.

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Friday, September 12, 2014

Gold - Here We Sit Brokenhearted

I think you may know the rest of this two sentence child’s poem that I learned from my best friend John, aka “Stiff” because he later worked at a funeral home. I simply cannot repeat it here, but it’s apropos with regard to where we sit in the SDPR Gold Trust (NYSE: GLD). Trading in the SPDR Gold Trust (NYSE: GLD) has been volatile over the first few days of September thanks to three dynamic factors at play today. The curious actions and announcements emanating out of Moscow and Kiev have had gold teetering back and forth, but I’m in agreement with President Obama’s skepticism about the sincerity of Moscow’s peace interest. The ECB’s decision to cut interest rates and initiate quantitative easing weakens that security against the dollar, which again inflicts pain on GLD holders. In South America, Argentines are demanding dollars in the wake of the nation’s technical default. Each of these factors are helping to fuel an already strengthening U.S. dollar, and at the same time, they are pressuring the GLD. So here we sit broken hearted, and somewhere in Philly I know John is laughing. Read GLD – Here We Sit Brokenhearted here.

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Thursday, July 31, 2014

EU Sanctions of Russia Matter for Gold

geopolitical
The pot is coming to a boil at the border of Eastern Ukraine and Russia. Do not make the mistake made by many detached western investors who might ignore the sensitivity of gold to this matter. The importance of Russian-Western relations should not be underestimated with regard to their impact upon fiat currencies or gold. Gold and the SPDR Gold Trust ETF (NYSE: GLD) gains meaningful support as a result of Tuesday’s news that the EU is levying sanctions upon Russia. The action marks a key change in policy and the start of meaningful deterioration in Western relations with Russia. Fiat currency globally is threatened, though the dollar is less so to this point, and so gold gains. I again offer you the GLD security as an option for metals relative investment in this environment. For more on this subject, please see our report here.

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Friday, June 27, 2014

The Bloody World Cup Runneth Over

bloody world cup
Just as it seemed the way was cleared for stocks and blocked for gold with the overcoming of several obstacles that obstructed the first half of the year’s performance, the World Cup hath begun. Unfortunately, I’m not speaking about the futbol event that is currently dominating the attention of the world over. Rather, I’m speaking of the world cup that runneth over with blood. Geopolitical chaos has resurfaced where most thought it had settled, and it has sprung up anew in places long thought won by civilization. And so, while I believe stocks may still have an upward path short-term depending on what unfolds, my view on gold diverges. The SPDR Gold Trust (NYSE: GLD) has strong support now to hold current ground, and is poised to take more, because of the uncertainties and developments with Russia and in Iraq. For all the gory details see The World Cup Runneth Over with Blood – So Make Your Cup Golden.

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Thursday, June 12, 2014

Russia’s War on the Dollar Serves Gold

destroyer
Russia’s incursion into Ukraine caused a rift between Russia and the U.S. & Europe. It led the West to issue sanctions against Russia and to threaten to apply deeper cutting actions. Russia recognizes the damage the West can do to its economy today, and so our former cold war foe has begun to take action to protect itself. Its actions include the acquisition of gold reserves replacing U.S. Treasuries, and also the use of other than dollar currencies in its and its businesses’ trade settlements. Russian actions may work against the euro and the U.S. dollar, but they should serve gold; because the shiny metal will always be the one currency that has credibility globally, even when the world is not at peace. Thus, despite concerns I’ve expressed recently regarding a capital flow weight against gold and relative securities, this Russian reality offers a solidifying new support against that for gold and the SPDR Gold Trust (NYSE: GLD). See the full version of this report published at Seeking Alpha and titled Russia’s War Against the Dollar will Support Gold Long-Term.

Precious Metal Relative Securities
YTD
TTM
SPDR Gold Trust (NYSE: GLD)
+4.5%
-9.4%
iShares Silver Trust (NYSE: SLV)
-1.3%
-12.8%
Market Vectors Gold Miners (NYSE: GDX)
+9.0%
-20.8%
Direxion Daily Gold Miners Bull 3X Shares (NYSE: NUGT)
+13.5%
-70.6%
Sprott Physical Gold Trust (NYSE: PHYS)
+4.8%
-9.5%

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Saturday, May 31, 2014

The Demon Gold Bears Don’t See

Markos Kaminis
Gold bears celebrated last week as the precious metals sector slipped. The SPDR Gold Trust (NYSE: GLD) dropped 3.3%; the iShares Silver Trust (NYSE: SLV) fell 3.1%; the Market Vectors Gold Miners (NYSE: GDX) collapsed 3.5%; the Direxion Daily Gold Miners Bull 3X Shares (Nasdaq: NUGT) cascaded 11.1%; and Goldcorp (NYSE: GG) fell 4.5%. I believe gold fell off while the SPDR S&P 500 (NYSE: SPY) climbed last week because elections in Ukraine went off without a hitch and Russia reportedly pulled its troops off the border with its neighbor. But what gold bears are missing here is that the demon, by his nature, will not go away; he will only alter his strategy and return in another way. Russia continues to foment discord within Eastern Ukraine. Rebels took over the airport in Donetsk just after the election. However, they were met by the first (informal) act of newly elected President Poroshenko. Ukrainian forces met with force the misinformed traitors in Donetsk who because of Russian propaganda believe themselves to be threatened by Kiev. Poroshenko has undertaken a fast-moving mission to crush criminal militias and reunite Ukraine. Who’s to say that will not take him to the border with Crimea, illegally taken by Russia just months ago. Russia is now poised to counter any new sanctions against it with a slew of actions of its own, which I believe will threaten the euro. Gold should recover lost ground. See our report on gold.

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Thursday, March 27, 2014

Obama's Cold War Rhetoric Hurts Stocks More than Putin – EXCEPT FOR THESE STOCKS

US Navy
Yesterday, President Obama spoke boldly about Russia’s incursion into the Ukraine. It was a must, given that he had just allowed the Russians to trample over a Ukrainian nation we promised to protect when they turned over their nuclear weapons. Now defenseless, we did nothing but complain about it while Putin ignored us and pushed through a sovereign state to “protect” a Russian speaking population, and oh yeah, the very valuable Russian naval base located in Crimea. After the fact, our NATO friends on the Russian border are worried we might leave them hanging out in the cold as well, so the President and Vice President have traveled to Europe to reassure our friends and allies that we really do have their back (and never mind that Crimea thing).

NOTE: I just authored an article at Seeking Alpha that is a must preliminary read to this report. Don’t worry, it will open in a new window so you will not lose your place here – JUST CLICK THIS LINK: Cold War Rhetoric Threatens US Stocks More Than Russia.

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Our founder earned clients a 23% average annual return over five years as a stock analyst on Wall Street. "The Greek" has written for institutional newsletters, Businessweek, Real Money, Seeking Alpha and others, while also appearing across TV and radio. While writing for Wall Street Greek, Mr. Kaminis presciently warned of the financial crisis.

We took note that the US stock market actually celebrated when the West did not face up to Russian aggression, because greedy traders would rather not see their portfolios disrupted for this obviously Russian territory (as some sought to see it) due to a small majority of Russian speaking people located there; never mind the fact that it has been Ukrainian for the last 60 years! After the official annexation by Russia and abandonment by the Ukraine, the SPDR S&P 500 (NYSE: SPY), SPDR Dow Jones (NYSE: DIA) and PowerShares QQQ (Nasdaq: QQQ) all took back losses that started when the Russians first moved in under cloak of unmarked cloaks. So I authored, Risk On, the Snake in Our Garden Promises Not to Bite Anybody Else.

At this point, all the President’s bravado does is test the pride of the proud Russian leader and probably push him to consider counter-actions to current and potential US/EU sanctions. Let’s think about some of the things Russia could do shall we? The most obvious counter would be to cut off the gas to Europe that runs through Ukraine and Belarus. This would further punish Ukraine, and is possible despite the Ukraine controlling 80% of Crimea’s energy supply. I doubt Russia cares if Crimea goes dark for a few days if it can severely scare Europe by doing the same to their Western neighbors. Many EU members are reliant on Russian energy, though Germany is obviously well-served by alternative energy resources. Don’t forget that Germany is a manufacturing hub and requires significant energy, some of which it sources from Russia.

Let’s also note here that some of the President’s threats have included public statements about re-sourcing energy from other places, like say the U.S., to Europe. That’s an open threat to Russia and something that could push the powerful Russian position into action; it might test the West by showing it just how needy it is of its energy. These issues obviously support energy prices and companies, including major players like Exxon Mobil (NYSE: XOM), Chevron (NYSE: CVX), ConocoPhillips (NYSE: COP) and Phillips 66 (NYSE: PSX). It should also benefit natural gas and mixed producers and explorers because of the expected viability of LNG over the next decade. That means look for benefits for Chesapeake Energy (NYSE: CHK), Pioneer Natural Resources (NYSE: PXD) and Cheniere Energy (NYSE: LNG). To avoid company specific risk, buy the Energy Select Sector SPDR (NYSE: XLE), or the United States Oil (NYSE: USO) and the iPath Crude Oil (NYSE: OIL).

Another thing Putin could do is harm the euro and the U.S. dollar, along with Western economies. Cutting off the energy to Europe would do direct damage to the European economy and currency, but the dollar might benefit as a relative substitute. So, I expect we can expect Putin to find other means to strike against the dollar as well. Let’s not speculate about the many legal and illegal means that might be employed by the former KGB man, but you can be sure he’s been thinking about it for a long time and has plans at the ready. So that means gold and silver should find demand again, as mankind’s fall-back currency. Therefore, investors would want to look toward the SPDR Gold Trust (NYSE: GLD), iShares Silver Trust (NYSE: SLV), Market Vectors Gold Miners (NYSE: GDX), Direxion Daily Gold Miners 3X Bull (NYSE: NUGT) and the physical commodity, along with many of the miners themselves like major producer Goldcorp (NYSE: GG) and Newmont Mining (NYSE: NEM). My recent write-up on this at Seeking Alpha entitled, The Asinine Gold Selloff, caught a lot of interest and debate – please feel free to comment as well.

Finally, the old defense sector plays should find some support from Congress given the reality of the dangerous world we’ve just been reminded of. Plus, we’re going to be supplying Ukraine and other weak Eastern European nations with weapons to defend against that bad neighbor. So, ideas like Alliant Techsystems (NYSE: ATK), Lockheed Martin (NYSE: LMT), Northrop Grumman (NYSE: NOC), Raytheon (NYSE: RTN), General Dynamics (NYSE: GD), Honeywell (NYSE: HON) and Boeing (NYSE: BA) all make the grade. To avoid company specific risk, buy the SPDR Aerospace & Defense ETF (NYSE: XAR), iShares U.S. Aerospace & Defense (NYSE: ITA) and PowerShares Aerospace & Defense (NYSE: PPA).

Therefore, even though the market might be threatened by this geopolitical tension, there are specific sectors within the broad pool of securities which might benefit. We suggest energy, precious metals and defense for some protection.

Please see our disclosures at the Wall Street Greek website and author bio pages found there. This article and website in no way offers or represents financial or investment advice. Information is provided for entertainment purposes only.

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