by Bill Bonner The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance or the get-rich-quick adventurer. They will die poor. – Jesse Livermore, How to Trade in Stocks The trouble with capitalism’s guardians is that they have no respect for it. Markets have been around for[...]
Month: August 2014
The Safest Investments in a Dangerous World Market – Jim Rickards
The relationship between geopolitics and global finance has rarely been more densely connected and complex as it is today. Knowing how to invest and allocate assets among various classes requires understanding the strategic drivers of valuation and volatility. Here is an around-the-world tour of flashpoints and their implications for investors. The disintegration of Iraq is far from over. The[...]
2015: An Inflationary Spike & Deflationary Bear Market CYCLE that Rocks the World!
Source Editor's Note... "Cycle analysis indicates the US Market Cycle is presently completing a 33+ year Bull Market Cycle and once complete, a Deflationary Bear Market Cycle will grip the US Markets in the year 2015 that will DEVASTATE the World... Before a Deflationary Cycle grips the US Market and the World, FIRST expect an Inflationary Gold spike to $2000 catching everyone off guard [...]
Important Lessons from the 12 Largest US Bear Markets
By: Marc Faber In the late 1990s, just ahead of the bursting of the NASDAQ bubble, I reproduced, courtesy of the late Peter Bernstein (author of Against the Gods), a table showing how many quarters of previous capital appreciation were given back in the 12 largest US bear markets since 1929. In the meantime, we have had another three bear markets and I have updated his table to reflect the new[...]
RISING Rates Are a Screaming “BUY” for Gold…Don’t Let the MSM Talking Heads Mislead You
By Dr. Steve Sjuggerud - Tuesday, August 5, 2014 Simple logic would tell you to sell gold when the Federal Reserve raises rates... not to buy it. But the truth is, based on history, the price of gold actually soars in the 12 months before the Federal Reserve raises interest rates. Chances are the Fed will raise interest rates in 2015... so we are in that 12-month period right now. I know[...]
This Immoral & Evil Power Will Doom Us All – History Guarantees the Outcome
At 90 years old and still going strong, the Godfather of newsletter writers, Richard Russell, warned about an immoral and evil power that will doom us all. The 60-year market veteran also discussed major markets, gold, inflation, and mentioned an asset class he expects will end up in a mania. Russell: “Gold symbolizes the omnipresence and all-power of God.” Emmet Fox I've lived through[...]
Drugged Up Economy is Blurring Inflation Numbers
The Fed continues its artificial monetary policy and presses forward with historically low interest rates. They have kept interest rates at nearly 0% since 2008 — going on six years now. The economy has been creeping back slowly and artificially held together by poor policies that have it drugged up so badly, it’s now required for life support. The new normal for the Federal Funds Rate is[...]
What Bond Traders Are Saying: “It Won’t Be Pretty”
With rates seemingly flip-flopped today (yields higher as stocks drop), we thought it worth skimming what the smart money in the bond market is thinking. As RBS Strategist Bill O'Donnell warns, "Janet must act like a diving instructor, hoping to bring levels to the surface without giving the economy the bends. What makes it really risky for Janet is that financial sector regulation has created a[...]
How a Fed Misstep Could Mean a Golden Age for Gold – Fed Track Record Indicates High Probability of Blunder
If the Fed has been wrong about inflation risk all this time, gold could be the beneficiary. Editors Note: The Fed has been using economic models that have been seriously underreporting inflation levels in the real economy, as per John Williams of Shadowstats. Therefore, we believe that the possibility of a fed misstep, as outlined in the following commentary, has a very high probability of[...]
Marc Faber on Commodity Cycles, Monopoly Central Banking and the Wealth Redistribution Craze
The Daily Bell is pleased to present this exclusive interview with Marc Faber: Daily Bell: Hello, again. Since last we spoke, in June 2011, things have grown worse in some cases and better in other ways. How do you see the world today? What pleases you the most economically and what are you most concerned about? Marc Faber: Economically, there is not much that pleases me because I think we are[...]