montyman

Porter Stansberry: Gold 'Nowhere Near the Top'

I should point out that PS seems to contradict this article in his September 17, 2009 Daily Crux article "How the World's Best Investors See the Market" where he recommends "fading" gold and buying stocks since the ratio was favorable for equities. But then in a November 10 article (Stansberry: The Best Trade Today) he said he was super-bearish on stocks. That's a lot of contradictions.

And also, GE did not cut their dividend like he promised.

Mind you, his comment "People will find ways to REDUCE their income to avoid the taxes... " had me rolling on the floor with laughter because that's what I do.

Four Major Developments Gold Investors Should Watch

Maybe not. This time there might be a move into the safety of gold (maybe).


On Sep 15 08:34 AM Disa Anja wrote:

> I agree! All that matters is the price of the US$. Hey, what a minute....what
> happens if the equity markets trade down again and lower than the
> Match lows...the US$ will appreciate again like it did during the
> last down leg?