Some of the canniest Wall Street advisers live far from Wall Street. Contrarian Marc Faber writes The Gloom Boom & Doom Report from Hong Kong; Bob Prechter tracks market gyrations (his so-called Elliott Waves) in the Georgia foothills; chart watcher Jim Stack keeps readers of his InvesTech newsletter out of bear markets while watching live bears from his window in Montana. Not so famous, Mary Anne and Pamela Aden advise on precious metals markets from San Jose, Costa Rica.
Subscribers to The Aden Forecast who acted on the sisters' long-term buy signal in 2003 enjoyed gold's rise from $300 an ounce to its recent poke through $1,200. The Adens also prescribe doses of stocks, bonds, cash, and currencies. In October 2008, at the rim of the sinkhole that swallowed many a retirement account, their model portfolio was 55% cash. It stayed that way for months, until the market bottomed out.