SeekingTruth

Global Markets in Review: Share Prices Too Far Ahead of Economic Reality

We have gone just about as far as the
" Mark to My Magic Marker"
and sugar coated cocaine laced stimulus high can take us WITHOUT more of the same fare injected into the veins of what serves as our economic and financial systems.
It would "help" some but by no means as much as in March.

Basically have agreed with Roubini all along on domestic issues , and with some others Internationally which have told a far different story at least up until now.
Not a bad time to take some profits and/or acquire some insurance in both arenas as it is becoming easier to recognize and assess the unsustainable every day.

Global Markets in Review: Risky Assets Disconnect from Fundamentals

Another splendid and reliable Summary upon which I rely on greatly. The distilled essence of the important data and events of the week, and the comments, views, links, etc. are of significant added value.

Many Thanks for your continued fine work.

In This Global Depression, Gold Is a Safe Haven

Gary, Brilliantly done as usual, and the quotes from Ghandi, etc. add a great deal of flavor and interest, and they so often are highly relevant and solidly on the mark, and they make your excellent and informative articles even more a pleasure to read. Thank You!

I have an "intuitive test "that I apply to Gold that backs up my financial nuts and bolts analysis on Gold. I don't overweight it , but I do consider it:

Take a thosand one dollar bills and hold them in your left hand, and in the right hand hold one ounce of Gold. Feel their weight , and move them up and down for a couple of minutes. Then think about which one you would "really" like to have if someone made you a gift of the contents of either hand. If the Gold "feels " heavier to you, take the Gold, if the Dollar bills feel heavier (in a financial sense of course), take the Dollars.

Right now the Dollars feel a little heavier than the Gold to me , but as my value analysis continues to condition my sub conscious , maybe the Gold will start feeling heavier than the dollars, which it very well could in the months ahead as the banking and economic threats continue to grow.