Perhaps the US Fed should be buying up Aussi, CND and any other currencies that can be backed up with hard assets before the US dollar drops to very low levels.
Where Are We in the Stock Market Cycle? [View article]
I use the 1/4 rule. A retailer generally relies on buying a commodity for 1/4 of the selling price, 1/4 is the costs, 1/4 is profit and 1/4 is growth. When the resource based market share price reaches 1/2 of the 52 week high, I consider it is at cost and a good time to think about buying, anything below 1/3 is a buy and less than 1/4 is a steal. The only thing that will lower these ratios is if the number of consumers compared to 52 weeks ago changes to the downside. I believe 1/4 of the 52 week low is bottom, if the number of consumers remains the same. George
When the first hedge fund went belly up a while back, I dumped all my oil/gas resource stocks that were hedged, except Uranium. I think a lot of oil/gas resource stocks were dumped rightfully or wrongfully for this reason, I learned my lesson from the herd mentality around financial stocks. No where to hide it seems. George
Credit Crisis Losses Will Put Black Monday in the Shade [View article]
The problem with credit over the last 10 years, is that non-bank financial institutions did not honor the .35 debt to income ratio set out by banks. George
All Eyes on the U.S. Dollar [View article]
There's Light At the End Of This Tunnel [View article]
George
Where Are We in the Stock Market Cycle? [View article]
George
Hedge Fund Liquidation in Pictures [View article]
George
Summer Doldrums Are Over - When Will Market Volume Return? [View article]
Credit Crisis Losses Will Put Black Monday in the Shade [View article]