Apparently, he mistook the look of sheer, paralyzing horror on my face at this revelation of such a massive expansion of the money supply (because it will lead directly to inflation in consumer prices), to be mere confusion on my part.

Yes, I’ll admit it: I’m bearish on the stock market. I’m still concerned about sending more funds out into the market for one fundamental reason: Rampant energy inflation.

The secret of a Death Cross Trader is simple: Find a stock that’s failing and short it. Of course, as with all things, timing is everything.

Soft commodities are now the best-performing sub-set of the commodity bull market. It’s easy to see why. The world’s supply is withering.

Alright, I lied. A few weeks ago, in a self-generated Q&A session, I wrote, “The single best income-producing strategy ever created is selling covered calls against low-risk value stocks.” But that’s not true.

The Investment U e-Letter: Issue #783
Monday, April 7, 2008

A Contrarian Strategy: Why Clear Channel Is Today’s Top Stock Pick
by Floyd G. Brown, Advisory Panelist, Investment U

One of the most profitable investments I have made came after a magazine headline hailed the coming bankruptcy of Philip Morris. It took nerves of steel to buy the lowly MO in those days. It was after the largest legal settlement in U.S. history disgorged Morris and other tobacco stocks of profits to pay the healthcare bills of the 50 different United States. Attorney General Janet Reno attacked the company in the newspapers as merchants of death.

But in the eight years since I first bought Philip Morris, at around $19 a share, I have been paid a…