The Fallacy of 'Money on the Sidelines' [View article]
It is a major stretch to believe that the banks are manipulating the equties markets upwards to improve their loan portfolio to consumers. The equity investments that you are suggesting they are manipulating are (were) at compelling values, which is an obvious option for them to shore their capital until the debt markets revive. They have also the need to average down on their equity losses in their own portfolios as well as for all the managed accounts they handle. Everything isn't a conspiracy out there.
On Aug 02 09:55 AM yellowhoard wrote:
> Indeed Tyler. > > The question is, how long and how high can the money printers move > this market before the house of cards collapses? > > Logic says get out. But where? > > What if we are on our way to DOW 30,000? > > As for me, I'm enjoying the ride but I'm standing in the doorway. > > > That said, I'm sure others are too. So, just about any external event > could start a stampede to cash.
Blue Ridge Capital: One Hedge Fund That's Done With Gold [View article]
Coincidentally, I have just reduced my position in AUY today after a run from $7 to today's $10.5. Hope he is right, but feel bare on my gold position, so will take a look at the new portfolio holding NG. It is my feel that gold will stay or go lower from these levels, until inflation actually shows up. It seems early when many are talking about deflation. When will the hedge funds loading up today on gold sell out? Probably right after the fed raises rates.
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They have also the need to average down on their equity losses in their own portfolios as well as for all the managed accounts they handle. Everything isn't a conspiracy out there.
On Aug 02 09:55 AM yellowhoard wrote:
> Indeed Tyler.
>
> The question is, how long and how high can the money printers move
> this market before the house of cards collapses?
>
> Logic says get out. But where?
>
> What if we are on our way to DOW 30,000?
>
> As for me, I'm enjoying the ride but I'm standing in the doorway.
>
>
> That said, I'm sure others are too. So, just about any external event
> could start a stampede to cash.
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Blue Ridge Capital: One Hedge Fund That's Done With Gold [View article]
Hope he is right, but feel bare on my gold position, so will take a look at the new portfolio holding NG.
It is my feel that gold will stay or go lower from these levels, until inflation actually shows up. It seems early when many are talking about deflation.
When will the hedge funds loading up today on gold sell out? Probably right after the fed raises rates.
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