Posts filed under “Gold & Precious Metals”
Gold and Silver Are Manipulated The Guardian and Telegraph report that gold and silver prices are “fixed” in the same way as interest rates and derivatives – in daily conference calls by the powers-that-be. Long-time trader Andrew Maguire told told King World News this week that 2 JP Morgan whistleblowers have handed over evidence of…Read More
Financial Psalm No. 16 16:1 Preserve me, Gold, for in you do I take refuge. 16:2 My portfolio, you have saveth, and it sayeth: “You are my Saviour. Apart from you, I have no good thing…not even Bitcoins” 16:3 As for the Silver and Oil which is in the earth, they are also excellent ones in…Read More
How Gold Lost Its Luster, How the All-Weather Fund Got Wet, and Other Just-So Stories John Mauldin July 3, 2013 We have not revisited the topic of gold in Outside the Box recently, mostly due to the fact that nearly everything I read on the subject is derivative of what I have been…Read More
This discussion is about probabilities and investor psychology — not predictions.
Source: Yahoo Finance
Note: I understand getting heard above the clutter and attracting clicks and all, but this headline is rather different than what we actually discuss on the video above:
Back in my days as a trader, I would peruse the lists of 52 week lows looking for reversal candidates. The key was finding an intelligent entry that had a very tight stop, so it presented a good risk reward. I am happy to risk one dollar to make three. Slowly build the position over…Read More
Click to enlarge Yesterday, in response to our post on how wrong the public was back in this 2011 Gallup poll, the following suggestion was made: Which asset performed best is dependent on your definition of “long term”. 2011-2013 is at best medium term. Long term to most people means decades, 20 years or…Read More
Source: Bloomberg’s Chart of the Day, Federal Housing Finance Agency Here is something I never would have guessed at, via Dave Wilson of Bloomberg: If you want to be hedged against the risk of a pickup in inflation, you would be better off buying houses than gold. That’s according to Michael Hartnett, chief…Read More
Kudos to Albert Edwards for ignoring Career Risk and making a fairly outrageous call.
I question whether this sort of analysis is brave or stubborn or brave (or both) — but more importantly what clients are supposed to do with it.
The rest of Albert’s call: The S&P500 is going to fall 75% to 450, the Sub-1% US 10 year, and Gold > $10,000.