A Special Opportunity for CBIP Readers

But before that, here are a few shots from Paris-Plage (Paris Beach). Every Summer, they turn a section of the Seine near Pont Neuf into a kind of beach experience. Umbrellas, beach chairs, palm trees, etc. And people just lounge around in the sun. It's kind a cool.

































And now about that opportunity. First, allow me to present my credentials. I am a died-in-the wool adherent to the Efficient Market Theory - so I believe that the markets do a pretty good job of setting prices on assets. Better than say, a government or a private individual asset holder. In fact, I once spent 4 years working for a company founded by Bill Sharpe - maybe not the spiritual father of EMT, but certainly a beloved uncle.

But even EMT disciples recognize that once in a while a little inefficiency pops up and presents a skinny little window of opportunity before the arbitrageurs find it and exploit the bejesus out if it for fun and profit.

Well, I present you now with an opportunity to play arbitrageur! There is a HUGE Chihuahua bubble in the French market. Take a look at these asset prices:



















Yorkies - 2800 Euros
Jack Russell Terriers - 880 Euros
Chihuahuas - 8690 Euros!!!!!

... that's over $13,500 at today's exchange rate.

Having been up close and personal with one of these little SOBs (factually accurate) for several years, I can tell you that there's no rational explanation for this pricing phenomenon. There's no way it can last so call your broker, call Jim Kramer, call Elle Woods and get yourself of gaggle of 'em for bulk shipment to Paris pronto. I might even be willing to sell Junior for a "friendly" price.