More on the shift from fixed income to equities: Jason Goepfert's "smart money/dumb money"...

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untrusting investor Comments (9879)
 
Would be interesting to know what such money indicator is actually based on and where the data comes from.
22 Sep 2012, 11:08 AM Reply Like

vireoman Comments (608)
 
Mr Goepfert goes about his survey very scientifically: Excuse me, sir/ma'am. Do you consider yourself 'dumb money' or 'smart money?' I see. Do you think you're going to make lots of money or lose lots of money in the coming months?
22 Sep 2012, 01:00 PM Reply Like

Thomas Sobon Comments (210)
 
When strange philosophers declare their dismal doctrines of despair walk 'round your garden and behold trhe constancy of marigold. ..... When stars run riot in the sky we'll know its time for man to die. Those lines by Edgar Guest come to mind whenever I hear anybody talk about a market crash.
22 Sep 2012, 11:19 AM Reply Like

User 502794 Comments (122)
 
3-8% is hardly a crash and even most bulls would argue they would love to see it so they can re-load
22 Sep 2012, 12:18 PM Reply Like

Metals are Precious Comments (713)
 
USER

This correction will be different. We have way more preppers than you think, way more buyers i see at the coin shop buying PHYSICAL, Plus i might add the gun store has a Home Protection section now !!

Plenty of first time buyers, for guns and coins!!

So with QEi in place imo most that pull out of the market might be going elsewhere with their money this time. That is why i recommend PHYSICAL instead of ETF funds,,,Just my observation and research.

I have asked some neighbors who i think are not conservative and they turned out to be preppers. One is already looking for land as his Brother , who is in a high level Finance position told him a heap of bad stuff is coming our way.

So proceed with caution.

map
22 Sep 2012, 12:27 PM Reply Like

Chris Bersaw Comments (512)
 
I would be surprised to see a significant correction with all the liquidity the fed keeps adding but with equities stalled at the highs they are ripe for profit-taking which will be a buying opportunity,
22 Sep 2012, 02:32 PM Reply Like

Metals are Precious Comments (713)
 
http://bit.ly/OMmixb

Enough said.. 20% drop !!!


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22 Sep 2012, 02:34 PM Reply Like

Metals are Precious Comments (713)
 
My guess is this correction is above 8% easily. If it wasn't an election year you don't want to know what i would predict.

Fiat money vs commodities in the PHYSICAL??


MAP
22 Sep 2012, 11:46 AM Reply Like

TruffelPig Comments (3230)
 
The "smart money" isn't up that much this year. The predictions of corrections are so obvious - it is a joke kind off. I mean, a 3-8% correction is always in order after a run-up. Isn't it? It just might not come before S&P hits 1500 though. I mean, who knows? I am dumb obviously.
22 Sep 2012, 02:43 PM Reply Like

Metals are Precious Comments (713)
 
Just posted above that CNBC is calling for a 20% correction..

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22 Sep 2012, 02:51 PM Reply Like

TruffelPig Comments (3230)
 
Clear indicator that it ain't coming.........CNBC and 20%.
22 Sep 2012, 03:06 PM Reply Like

Metals are Precious Comments (713)
 
TRUFFEL

Did you read the article, it talks about the financial cliff. But everyone is entitled to their own opinion.

If you honestly think the markets should be this high i would love to know what fundamentals and foreign problems make you feel comfortable in equities right now..

map
22 Sep 2012, 03:12 PM Reply Like

mike8599 Comments (557)
 
You realize you are swimming upstream.. which may be good, if your inflation strategy is commodities. People have been screaming doomsday for so long that it just is worn out.... I'm looking forward to it as a change in pace :-)
22 Sep 2012, 03:28 PM Reply Like

Metals are Precious Comments (713)
 
MIKE

At the prices i bought mine at i have nothing to lose. But i differ with you on a few points. Doomsday may never happen, and as i stated i hope not. But our currency is being deflated daily..So personally i am not swimming upstream since i bought my silver in the teens and my gold under 1k...

I saw this problem years ago. It is simple Economics!! But if our credit rating gets hit again, interest rates will go up. Then the fun starts..we shall see.

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22 Sep 2012, 03:39 PM Reply Like

bolaughlin Comments (16)
 
The last time the credit rating got hit, bonds went on a tear.
22 Sep 2012, 08:35 PM Reply Like

GordonStoun Comments (5)
 
DIPS will occur and will be BOUGHT.
22 Sep 2012, 03:33 PM Reply Like

Metals are Precious Comments (713)
 
I just was sent this by a good friend. Figure i pass it on since manipulation wasn't even discussed yet !!

Silver Scandal Fueled With Your Money."

Below article nails "bid-rigging JPM," explains how gold has just done a golden cross, why miners havbe lagged, and that gold and silver are set to explode upward:

http://bit.ly/R80AaX


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22 Sep 2012, 03:43 PM Reply Like

Tack Comments (9233)
 
The so-called "dumb money" may be blathering about rallies, but the capital flows continue to show retail funds moving away from equities, so not many folks putting their money where their mouths are, apparently. There's nothing suggestive in recent market behavior or volumes to suggest that markets are overheated and about to spiral off a cliff.

In fact, when all the endless, daily warnings cease, and the naysayers all advise that the market's finally starting to look good, that's when to start worrying and/or trimming positions.
22 Sep 2012, 03:52 PM Reply Like

Metals are Precious Comments (713)
 
TACK

I am 100% with you. Can't fathom a rally at this point unless it's for a re election..

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22 Sep 2012, 03:57 PM Reply Like

huskers123 Comments (25)
 
Interesting, I see alot of negativity. Also, I have heard a slew of analyst talk about $ still flowing out of equites this last week. I think the enthusiam has to get alot higher by retail investors with extreme inflows. That is when you know we are at a bubble top. We will test 1550. Then it is questionable where things go. If it breaks, it will go alot higher. QE3 will end up inflating the market. If it fails, I am looking at 1390 support.
22 Sep 2012, 06:11 PM Reply Like

Metals are Precious Comments (713)
 
If it inflates the markets then it inflates the metals as well. Which one would you feel more comfortable holding within a year knowing all we know so far?

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22 Sep 2012, 11:15 PM Reply Like

XRTrader Comments (579)
 
Hmmm, the "smartest money" which people usually ascribe to Hedge Funds is on average underperforming the market this year. Its probably a good idea not to follow them....
22 Sep 2012, 06:28 PM Reply Like

Metals are Precious Comments (713)
 
Chilton- Silver investigation:
http://onforb.es/QLfKkk

I gave him credit for investigating, but the more I read, the more I think that this has more to do with hiring more agents and obtaining higher fees than it does fixing a corrupt and broken system. The last line was a complete disappointment, imo.

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22 Sep 2012, 11:09 PM Reply Like

Metals are Precious Comments (713)
 
Heres something new. Betcha most never heard of the petrodollar?

http://bit.ly/OQgwfa

map...
22 Sep 2012, 11:13 PM Reply Like