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Retirefund

 
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  • Monday Market Momentum - Prices Go Parabolic [View article]
    Whether I agree or disagree, I still enjoy reading you Phil.

    Yes Alex, we are seeking good market advice, but a good rant every now and then is cleansing, and if you read between the lines, very enlightening! Someday these words may seem prophetic.

    Thanks Phil
    Feb 14 04:07 PM | 14 Likes Like |Link to Comment
  • 10 Technologies that Will Rock 2010 [View article]
    Your article is entirely about the web. If you are truly interested in technologies that will rock the world why haven't you mentioned anything "beyond the web". I suggest it is a problem of demographics (your relative youth and that of your readers).

    How about these tech diamonds on the verge of changing the world:
    1. Electric cars
    2. Fuel Cell Back up Power
    3. Solar cell roof shingles
    4. Fractionation in the recovery of Natural Gas
    5. Smart Buildings
    6. Smart Clothing
    7. Advances in Robotics
    And the biggest of all, Nanomanufacturing.

    The list goes on and on, but you get the point.

    Tech doesn't start and end with the web, and it doesn't start in L.A. and end in NY.

    Retirefund.Blogspot.com
    Jan 3 12:21 PM | 14 Likes Like |Link to Comment
  • Richard Russell: A Gold Tsunami Is Coming [View article]
    This is another "American centric" view of the world that no longer holds sway. Yes, this man has much experience. Yes, he makes some valid points. But even in his experience, there has never been a time when almost 2 billion people were moving into the middle class, from countries that have revered gold as a standard of wealth and safety for over 6,000 years while governments worldwide were printing paper money with wild abandon and with no official tie to gold.

    Bubble? Yea, maybe two years out!!
    Apr 30 10:38 AM | 13 Likes Like |Link to Comment
  • Is Europe's Decline Ready For A Fall? [View article]
    You can print more Euros, but it will not save their union. You can't print more gold. You can't print more silver. You can't print more copper YOu can't print more Lithium. You can't print more uranium, or more potash, more real estate etc etc etc. The metals are denominated in U.S. dollars, of which there have been trillions printed and more to come.....nuf said
    Jul 13 04:33 PM | 11 Likes Like |Link to Comment
  • Death Of The Gold Bull Market? [View article]
    You make the mistake of boxing gold into the corner of a singular market. Gold is only doing what it has done for 6,000 years. It is maintaining value.
    Mar 27 10:32 AM | 11 Likes Like |Link to Comment
  • Canadian Housing: Another Debt-Fueled Bubble? [View article]
    I agree that in three or maybe four local markets (ie:Vancouver, Toronto, Calgary) a moderate (maybe 20%) bubble may exist, mostly because of speculative buying over the past five years as wealthy immigrants from Asia have helped to bid up prices.

    For the rest of the country, I believe your assessment is off base. Do I have the stats to prove that? No, and no one does! I do have first hand knowledge of how the market has been working for first time home buyers like my son and his wife. He, a naval officer, and her, a nurse, have good incomes, yet they were required to come up with 10% down payment AND then pay the premium for the CMHC insurance (a fact that is missing in your article).

    CMHC may back stop the mortage with their insurance, but the premiums are paid for, in advance and during the mortgage, by the individual buyer.

    Also, in the USA (in many states) putting your keys on a counter and moving out, leaving the bank holding the bag, so to speak, is an option not available to Canadians. You can do it, but the bank will come after you for the balance, and that debt will follow you to your grave, a huge incentive to "stay and pay" for your home.

    Individual bankrupcy is not the desease in Canada that it is in the U.S. and our banks have indeed kept a reign on this industry. Itès not perfect, but it is head and shoulders ahead of what is happening in the good ol U.S. of A.

    The idea that a home is a store of value was born in the usa and that idea will also die there. In the rest of the world (with some notable, local exceptions as mentioned above) a home is where you live. A necessity, a refuge, shelter and comfort, not a stock option to be re mortgaged every time you need a new car.
    Sep 8 01:02 PM | 11 Likes Like |Link to Comment
  • Is The Gold Bubble Popping? 3rd Quarter Update [View article]
    You left out one obvious driver of price with your essentially U.S. centric analysis.

    . The 2 billion or so new consumers in the rising economies who have, for centuries, looked upon gold as a sign of wealth, a hedge against poverty and as currency.

    That fact alone changes all other equations never mind the "net buying" of soverign countries.
    Nov 30 07:56 PM | 9 Likes Like |Link to Comment
  • How Far The Gold Sell-Off Could Go, And Strategies That'll Save You [View article]
    You make some valid points however you fail to address the obvious comparison....After Breton Woods, the US Dollar became the "new gold standard"...Since gold cannot be printed, and since there have been approx 20 Trillion dollars printed in the past 9 years, how do you explain the comparison?

    Yes, deflation is the new scare, and that would be essentially bad for gold prices, however, it is well known that the World's Central Banks, and in particular, the U.S. Fed "always" choose inflation over it's ugly cousin and they have made that point over and over again over the past five years or so. Yes, M2 has been decelerating over those years, but what happens when in reverses, which it inevetably will? There isw a strong argument for the other side of this trade in the long term, maybe even the medium term, don't you agree?
    Apr 17 12:16 PM | 8 Likes Like |Link to Comment
  • Hey Bill Gross, Why So Serious? [View article]
    Hmmm..... just considering if every single person in Washington is an idiot, as you suggest....hhmmmm... probably not! Just as everyone in Beijing or Moscow are probably not idiots either. Maybe, just maybe, there are some in those capitols who want desperately to replace the usd as the world reserve currency, and will do their utmost to make it happen......I took the Gross Greek analogy as a wake up call to legislators that, by maintaining the status quo, they risk similiar street demonstrations as are now being seen in Greece due to the massive debt of the U.S.

    Historically, all fiat currencies are proven to be finite and their end date has always been marked by fiasco, followed by fear, turmoil, suffering, civil unrest and disruption, starvation and war, among other calamities...Maybe, just maybe, Gross was reflecting on such history in his warnings to anyone who would listen....Maybe, just maybe, he was referring to Greece as a canary in the coal mine, so to speak, in a much broader fiasco to come.......Maybe his comments were not U.S. centric at all, but meant as a wake up call to his countrymen........hmmmmmm
    Oct 9 10:00 PM | 8 Likes Like |Link to Comment
  • Prospects For U.S. Stocks Grim [View article]
    I don't like to bet against the U.S. economy, but I agree with your thoughts on the matter....demographics do count.
    Aug 26 04:26 PM | 8 Likes Like |Link to Comment
  • Sell in May and Go Away: Why Wait 'Til Then? [View article]
    Many investors got the same message last April, and sat on the sidelines of the biggest part of the upswing. some are still on the sidelines. You don't only buy or "sell the market" you buy and sell individual stocks, based on good intelligence, fundamentals and knowledge. There are sells in the market, just the same as there are buys in the market, every day, all year long, no matter what!!
    Retirefund.Blogspot.com
    Apr 19 07:14 PM | 8 Likes Like |Link to Comment
  • Could The Oil Discovery In South Australia Be A Game Changer? [View article]
    Some good points here, however, if the numbers are to be believed, and Dr. Moors is even close to being right, then Australia's reserves would entail 233 Billion Barrels, just short of Saudi Arabian reserves 266 B(if they can be believed) as well as Venezuela (211) Canada (175) Iran (137) and Iraq (115)
    Another way to put it would be about 17 times greater than what the U.S. shale reserves would be.

    ON another note, It would be nice to get investor comments here instead of a steady stream of political retoric. (just sayin)
    Mar 4 10:08 AM | 7 Likes Like |Link to Comment
  • Bernanke Ignites Bear Market In Gold And Silver [View article]
    You could lose your shorts, and your shirt, betting against the only currency that has held it's value for 4500 years. But, good luck with that!
    Feb 29 04:14 PM | 7 Likes Like |Link to Comment
  • Gold Decline May Be Foreshadowing A Market Crisis [View article]
    A severe Liquidity crisis! A severe banking crisis! A crisis of confidence in all markets! Sound familiar?

    The best performing investments from 1932 through 1935 were the gold miners. While the rest of the investment world was imploding, those miners saw 400% plus increases in their stock prices.

    At todays price (under $1580 range) Gold has still out-performed the overall market this year, 2011, by 8.5%. During the run down from Oct 2008 through March 2009, the best performer was gold.

    If you do not have at least 10% of your portfolio in gold, now is a great opportunity! .......http://bit.ly/sfkHsl
    Dec 15 11:01 AM | 7 Likes Like |Link to Comment
  • Investing in the Oil Sands: 4 Stocks [View article]
    PIerre, What a bunch of crap. The oil is already there, in the sands. IN your description, is was already dirty when nature formed it milions of years ago. All these companies are doing is recognizing a valuable resource, and utilizing it, so you can drive your prius, on gasoline, on rubber tires, on paved roads, while your drinking starbucks coffee from your plastic cup (or paper cup for that matter)

    Check your foot wear for signs of oil, your clothing, your homes building materials, your kids winter sled, your roofing, your driveway, your heating system, your cooling system, even your underwear!

    Get real Pierre. Get your head out of the oil sands.
    Feb 14 01:43 PM | 7 Likes Like |Link to Comment
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