Taking a Lesson from the Great Depression [View article]
Ageed, Alpha. I am having a much better experience this year than last. I am however, diversified among commodities, credit fixed income (munis and corps) and have to believe that we are in a period like 76, 81, 94. I am licking my chops to get back in the game. But when ??? I do not agree with you about overseas investing, there are no rules, and if you invest here now, there is virtually no risk. 666 SP was unreal, I loved that it ended there. I have traded for 35 years, I still wear green shirts to work... but that bottom was the final touch to my superstition !!!!!!!
What’s Behind the Slide in Gold and Silver? [View article]
you are all obsessed with treasuries. there are many other, every other asset in the US that is cheaper and cheap. the metals as well as the grains (I have traded grains for 30 yrs) are volatile and hold no value at these prices. We have been through these commodity trades many times and each trade is the same. I would advise looking at sentiment, open interest and headlines as early indicators. It is very difficult to time fundamentals.
Gold, Oil, Potash and Food: Top Investments This Decade [View article]
I was flowing with the article until the housing price chart that shows a drop in price from 600,000 to 200,000. If that were true we would be in a depression and Bear would look like an odd lot. I own a house in one of the most expensive counties in the U.S. Prices here are flat to down slightly. Demand is strong and entry level houses are not available. An acre of land is approx. 1.5mm. My family owns farmland in Ohio, it has doubled over the last few years to about 4,000/ acre. We will never sell that land even though it will be back to 2,000 per when grains retreat. To suggest jumping on these bubbles is irresponsible. We have seen grains rise to similar levels in every decade, then fall back: price cures itself via demand/supply dynamics.
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Latest | Highest ratedTaking a Lesson from the Great Depression [View article]
What’s Behind the Slide in Gold and Silver? [View article]
Gold, Oil, Potash and Food: Top Investments This Decade [View article]
I own a house in one of the most expensive counties in the U.S. Prices here are flat to down slightly. Demand is strong and entry level houses are not available. An acre of land is approx. 1.5mm. My family owns farmland in Ohio, it has doubled over the last few years to about 4,000/ acre. We will never sell that land even though it will be back to 2,000 per when grains retreat.
To suggest jumping on these bubbles is irresponsible. We have seen grains rise to similar levels in every decade, then fall back: price cures itself via demand/supply dynamics.