Stockerati

Gold's Golden Run All Set to Continue

Thanks for your feedback. I look forward to reading data-intrinsic and sound articles from you to learn, get inspired and become a better author-- unfortunately I couldn't find any. Huh! Peter? Peanut Gallery? Anyone?

Gold's Golden Run All Set to Continue

Thanks Yuman. I am not a gold peddler (as you can see if you visited my blog). My article states gold to be a hedge against a downturn in the stock market. When the market's down, everyone tries to hedge their bets such that their investments are protected. That's why financial advisors and mutual funds invest in gold and silver to balance the portfolio. You can bash the article to your heart's desire but if you go back and check the data, the investor psyche always turns to gold during recessions and downturns. That's why until a few years ago and even now, national currencies used to be pegged to gold. In any case, I'm glad that you agree that gold will go up. That's the take-away at the end of the day. If my data doesn't suit your taste, use yours. And it seems like you arrived at the same conclusions as me. To each his own :)

Gold's Golden Run All Set to Continue

peter, why do you think inflation is not high or there's zero speculation in oil? Interestingly, I didn't see any data from you to counter them. The chart I included shows the inverse relationship b/w stocks & gold. By any chance, are you an oil speculator? You do sound like one, Mr. Kettle :)

It's Contraction - Not Stagflation

The increase in employment is minimal as it doesn't take into account population increase, migration patterns etc. Some people panic seeing marginal increases in numbers year over year and some people whjo understand the bigger picture don't. Stagflation was rife in the 70's for deeper reasons-- we are headed there but not there yet!

Jim, I find it funny that you quote points 1,2,3 that I mention in my article as data and then ask me to do more research :)

Bucyrus International: A Mixed Bag

It's just that the manufacturing sector is extremely vulnerable to energy prices. In this case, the increase in oil prices is cutting into BUCY's margins and thereby, making investors pessimistic on its future. BUCY will survive. However, for me it's a spork (see my blog for why :))

Stockerati (stockerati.com)