Thursday , 28 March 2024

Monthly Archives: October 2014

“Gold is Going to $660/ozt.” Hardly! Here’s Why

John LaForge, commodities strategist at Ned Davis Research has said that gold should drop about 40% lower than where it is currently trading down to $660 an ounce. I think LaForge is dead wrong and this article argues the reasons why the gold market has not yet peaked and why we are in a counter-trend correction within the long-term bull market.

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Gold Is A Risky Investment – Here’s Why

If I am right about my views going forward then gold isn’t just risky based on past performance, but it could be even riskier in the future as the "faith put" subsides and the myth that “gold is money” disappears.

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Don’t Buy Gold Until Price Falls Below $1100! Here’s Why (+2K Views)

An analysis of the ratio between the market capitalization of gold and the gross world product over the past 63 years suggests that the current price for gold has further to fall and that it would not be wise to begin buying gold until prices have fallen below at least $1100 - and not expect gold to appreciate beyond $2,000 any time soon. Here's why.

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This Weekend’s Financial Entertainment: A “Rant” On the Reality of the U.S. Economic Situation

The saying, "Fool me once shame on you, fool me twice shame on me" suggests that the general populace of America should be very, very ashamed! It is evident that they are prone to being fooled and robbed over and over again as they invest in a fake stock market, are sold over-valued housing and accept scraps of partial employment, food stamps, poverty level social security and poor healthcare from incompetent governance - and then try to escape by using credit and debt to keep up a standard of living without ever acquiring anything of real value.

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The Stock Market Needs A 1987-like Crash – Here’s Why

If you’re in the business of fear-mongering, one of the go-to moves to try to scare investors is to predict that the markets are looking eerily similar to October of 1987. That being said, you could actually argue that the 1987 crash was a good thing for the markets. It knocked some of the wind out of its sails after more than doubling from 1982-1986 so it begs the question "Would a Repeat of the 1987 Crash Really Be That Bad?".

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Now’s THE Worst Time to Panic Out Of Gold & Silver! Here’s Why (+2K Views)

Look for huge volume and accumulation in gold and silver over the next few weeks and in some high quality junior mining stocks. Negative capitulation followed by strong accumulation could be the indicator that the smart money expects gold and silver to bottom. The question for many is when this will occur. It should be soon as this correction in the junior miners has been one of the worst and longest in decades providing possibly a once in a generation buying opportunity.

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“Is the Stock Market Sitting On A Trap Door?” These 2 Indicators Say “Yes”

The Russell 3000, a broad equity index representing 98% of the investable U.S. stock market, is up 9.3% for 2014 on a total-return basis...[but] the median total return for Russell 3000 constituents is just 1.5% reflecting the fact that small- and mid-cap stocks are under-performing... This current alarming deterioration in breadth, a term that refers to how much of the market is participating in the advance, begs the question: "Is the stock market sitting on a trap door?" This article looks at 2 trap door indicators that suggest that that might, indeed, be the case.

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