ETF Trends: U.S. Dollar Attracts Flight to Safety Capital [View article]
Money has to go somewhere. Banks deposits are only guaranteed to very small amounts. US $ Treasuries are a safe haven only until interest rates rise or inflation creeps in as they surely will. Equities can be a hedge against inflation and currency depreciation but only if you cherry pick. The rise in equity prices has little to do with reality. If some earnings are up its because of low interest rates, sacking of staff, temporary withdrawal of advertising, low inventory charges etc. Funny that the lucky ones this last few months have been the gamblers and the uninformed unless you have been a banker in the Fed elite. It should have been obvious with hindsight that they had to be the first to be saved or we were all done for, but thats not a slam dunk just yet, and most equities have long uphill climb to go.
Past Is No Prologue: Stocks vs. Bonds [View article]
All the large stock indexes are scams and have been from the beginning of time since the moment an index stock looks like its on the way down its replaced by one that looks as if it may go up. The only method of investing in stocks that succeeds over bonds is to cherry pick and leverage the equity selection and hope you are right. Alpha stock investing by pension funds is just a sure way for the managers to make big salaries and to avoid being sued for incompetence when the performance of your penson fund fails, as most have.
As Bond Prices Sink, Hold on to Gold [View article]
will walmart sell me bread for my gold groat? or will my local bank change it? or if I swallow it will my doctor accept my body's rejection of it as payment towards his daughters dancing lessons?
ETF Trends: U.S. Dollar Attracts Flight to Safety Capital [View article]
The rise in equity prices has little to do with reality. If some earnings are up its because of low interest rates, sacking of staff, temporary withdrawal of advertising, low inventory charges etc.
Funny that the lucky ones this last few months have been the gamblers and the uninformed unless you have been a banker in the Fed elite. It should have been obvious with hindsight that they had to be the first to be saved or we were all done for, but thats not a slam dunk just yet, and most equities have long uphill climb to go.
Past Is No Prologue: Stocks vs. Bonds [View article]
As Bond Prices Sink, Hold on to Gold [View article]
or if I swallow it will my doctor accept my body's rejection of it as payment towards his daughters dancing lessons?