Gold & Precious Metals
The macro-economic conditions that have supported gold’s bull run over the past decade have not changed; in fact, they’ve become progressively worse.
Gold is universally under-owned by everyone, including institutional portfolio and pension fund managers (Figure 2). Pension fund managers have a fiduciary responsibility to meet liabilities. They use asset allocation to achieve diversification in order to reduce risk, maximize performance and thus responsibly manage their funds. To ignore the best-performing asset class year after year could conceivably expose managers and trustees to legal liabilities (Figure 3).
…..read more and view 4 more charts HERE
Nick Barisheff is President and CEO of Bullion Management Group Inc., a bullion investment company that provides investors with a cost-effective, convenient way to purchase and store physical bullion. Widely recognized in North America as a bullion expert, Barisheff is an author, speaker and financial commentator on bullion and current market trends. For more information on Bullion Management Group Inc., BMG BullionFund, BMG Gold BullionFund and BMG BullionBars visit: www.bmgbullion.com
Bob Hoye”Just looking at the Gold Shares now, we have an index in Gold Shares going back to 1900 and there has been only one other time were it has been this oversold and that was in 1924. So one could say that this is about the most oversold you can get, and our advice on Gold Shares a few weeks ago is that people should be accumulating good quality Gold Shares into weakness. It might take another week to set the low in here, but then the performance out of this oversold should be rather good. I am content buying either good exploration stocks where you know the story, or some of the senior Golds or Gold share ETF’s”.
How to Time a Blue Chip Buy
When you’re ready to buy a stock for purely fundamental reasons, you need to pay the best possible price for your investment.
Technical analysis is a tool that can help you do just that. Today, we’ll put it to work to analyze one of the most popular names on the market…
….read the whole article HERE
Perspectives –Conversation with LightSail Energy, The Climate Corporation, RoboteX, and SpaceX:
It is very hard hard for investors to invest in things that are unique. The psychological struggle is hard to overstate. People gravitate to the modern portfolio approach. The narrative that people tell is that their portfolio will be a portfolio of different things. But that seems odd.
Things that are truly different are hard to evaluate. Suppose someone wants to start a rocket company. You might ask, quite reasonably, “What experience do you have with rockets?” The answer might be “zero.” Elon didn’t have any experience in making rockets before he started SpaceX. Or suppose a VC wants to invest in a rocket company. The question becomes: “What on earth do you know about rockets?” Again, the answer is probably “nothing.” No one has invested in rockets in over 40 years.
iPhone games, by contrast, are entirely familiar. If you ask a gaming entrepreneur what experience he has with games, he’ll tell you about all the games he’s made before. Ask a VC what they know about games and they’ll go on and on about the many gaming companies in their portfolio.
The upside to doing something that you’re unfamiliar with, like rockets, is that it’s likely that no one else is familiar with it, either. The competitive bar is lowered. You can focus on learning and substantive things over process, which is perhaps better than competing against experts.
….read more HERE (Ed Note: It’s a long article, if rushed you might want to scan down to some of the different headlines including – The Future of The Past, Energy Storage, Robotics, Space, Perspectives –Conversation with LightSail Energy, The Climate Corporation, RoboteX, and SpaceX, simply a lot more fascinating topics to read about in this article.
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All of the hyperinflation calls have been missed by a mile. The dollar is strengthening, consumer credit is once again sinking, and treasury yields just made 60-year lows.
- This is what happens when you fail to take into consideration:
- Credit conditions Global economic conditions
- Printing by other central banks especially China
- Currency instability in Europe
- Untenable situation in Japan
Every time the US dollar ticks lower, commodity prices tick higher, or the CPI rises two tenths of a percent, hyperinflationists come out of the woodwork with nonsensical predictions and silly comparisons to Zimbabwe or Weimar Germany.
Given that the US dollar recently fell to the lower end of its trading range, hyperinflationists once again came forth with their message of impending doom.
….read why calls for Hyperinflation are so far off HERE and
(Ed Note: You can scroll down to the Headline “Alternate Nonsense” to get right to the Hyperinflation/Deflation argument). Mish’s Global Economic Analysis has an even deeper study HERE
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