Gold has been part of our story since the beginning of time. For at least 5,000 years, humans have been able
to find it, mine it, process it and shape it into all kinds of things.
Hello, operator? Yes, we seem to have a disconnect. Everyone still has their foul-weather gear on, but the stock market
is calling for blue skies. Can you try the line again, please?
This September
will give me 15 years as a professional in the securities industry. My firm will celebrate 10 years this November.
People keep asking me
to explain the stock market advance over the past five months. There are usually comments at the end of the question, like,
“The economy sucks. How can the market go up when there is nothing going on out there?”
I have learned a lot about sea turtles since last
night, and I believe a few of these things belong in any long-term discussion about investing.
Whenever this bear market bottoms—and there is a growing possibility that we will see new lows in coming months—millions of investors will be throwing all kinds of assets away for pennies on the dollar. The discounts so far could pale in comparison. So, be patient, be prudent and be ready.
In the not-too-distant past, Microsoft was the most dominant company on the planet. In 25 years, it had spawned the world’s
richest man along with products that became as ubiquitous as water.
We are not in peak vacation time yet and already volume is disappearing faster than a hermit crab being chased by a group
of 10-year-old boys. This s especially troubling if you are a bull.
Don’t go all in in the market just yet, and stay in liquid investments.
There is one commodity that may have more potential over the next several years than all else: natural gas.
President Obama is wrong when he says government
is the only solution to what ails America’s economy. In reality, his thoughts are tragically flawed. Government, as we know it today, is the problem.
INVESTING Growing government likely to keep bull at bay I want to make a new friend in Washington. I would like to believe the Environmental Protection Agency can be that friend. All I need to do is get the folks there to like me, then convince them it’s the economic environment they need to protect […]
You’ve heard all the nonsense from the mainline advisers and brokers. They say a buy-and-hold approach is the answer, the
market always comes back, and diversified investing is the key to long-term success. You are starting to get the sense that it’s all bull. Here’s why.
A healthy economy can only be sustained under a true free-market capitalist society of producers and savers.
Stop paying attention to the news and keep in mind that the stock market is only a tool for you to use to make money.
I don’t think this bear can last another 17 months, because if it did, it would have a longer life than the greatest bear
market in our history.
Since late September 2007, I have screamed about sitting in cash and, for the last few months, buying a little gold.
Liquidity is king! Stay away from long-term, illiquid commitments until the equity markets really flash sustained levels of
demand.
Increasing specialization and interdependence worldwide results in worldwide economic difficulties.
Since 1913, there has been a growing reluctance from our political leaders to allow financial setbacks in our nation to occur
in banking, and that’s been a huge mistake.
