Dan Amoss at The Rude Awakening says financial stocks have not yet reached the bottom. We are still at the early stages of the credit loss cycle, and the Fed’s bailout strategy will eventually dilute shareholdings of financial institutions. Meanwhile, supply constraints will support commodity prices in the long run, and U.S. is rapidly losing its status as a safe haven for capital. For these reasons, Dan says there are still plenty of attractive short-selling opportunities in financials…

Whiskey and Gunpowder editor Dan Amoss says the recent rally in financial stocks has more to do with short covering than regular buying.

Weak institutions were shorted so much that a bounce was inevitable.

Despite an SEC clampdown on shorting, Dan says legitimate shorting is vital for the stock market and is not to blame for the stategic mistakes of U.S. banks.

For those still looking for new short ideas in the sector, Dan says Allied Capital (NYSE:ALD) is a good place to start…

Strategic Investment editor Dan Amoss is sure of one thing: Every paper currency in history eventually fell to its intrinsic value: zero. And the dollar is no different.

Dan says Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) shareholders could be wiped out by debt offerings by next summer.

The alternative is Uncle Sam issuing billions in new Treasuries to back Fannie’s and Freddie’s liabilities, and the Fed then monetizing them. This could lead to double-digit interest-rates and the eventual collapse of confidence in the dollar…

Strategic Investment editor Dan Amoss is sure of one thing: Every paper currency in history eventually fell to its intrinsic value: zero. And the dollar is no different.

Writing in Whiskey and Gunpowder, Dan says that Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) shareholders could be effectively wiped out by endless debt offerings by next summer.

The alternative is Uncle Sam issuing billions in new Treasuries to back Fannie’s and Freddie’s liabilities, and the Fed then monetizing them. This could lead to double-digit interest-rates and the eventual collapse of confidence in the dollar…