“Where breadth goes, the market usually follows,” goes an old market saying and as Richard Russell said recently, “In a deteriorating market breadth situation where the ‘soldiers’ are deserting even while the ‘generals’ continue to march forward would be a prelude to disaster. In the stock market, it may be the same.” [Let's review the current situation and see where we're at.] Words: 478
A recent research paper* by the Bank for International Settlements, entitled “The Future of Public Debt: Prospects and Implications” paints a terrifying prospect for the inhabitants of most of the developed world with deficits spiralling out of control for every western industrialized country under study and inflation a foregone conclusion as a result. Words: 1128
“Unchecked greenback emissions will certainly cause the purchasing power of currency to melt.” says Warren Buffett. Words: 982 In the following edited excerpts from the original article* Cam Hui (www.questfunds.com) puts forth the case for both inflation and deflation by the likes of Richard Russell, Warren Buffett and Van Hoisington: The Case for Deflation 1. [...]
Leverage is the simple answer. It is not uncommon for junior mining companies to experience huge gains (10x or more) very quickly as news of a discovery is made known to the public. Words: 893
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