We have been fortunate this year. For 2011 our aggregate portfolio is up close to 80 percent for the year with all the gains coming since the end of QE2 at mid year. We currently are maintaining the long stocks…Continue Reading →
Archive for December 2011
While some try to analyze the markets meandering action these days I prefer to stay short gold and long a little stock and let the year wind up. If a big surprise develops, I will intervene with some thoughts. Happy…Continue Reading →
Holiday season is moving in, maybe a Christmas bounde in stocks and gold will happen.
The 1200 area on the S&P held. Gold broke down through the 200 day average. We probably will see a gold bounce to the area around or above the 200 day average, 1620 to 1640 before more selling sets up. …Continue Reading →
The easy answer, it depends what the basis of your life is…is it wealth or is it something more. Wealth in terms of inflated assets is about to take a hit and the two most vulnerable sectors are precious metals…Continue Reading →
It will not be because he is my choice or the best one in the race, either for Republicans or the big one. It is because he is the most verbal, the most outrageous, and smart. He will be a…Continue Reading →
And they don’t seem to realize that Merkle had the spray can. The gradual selloff in gold over the past two trading days will turn into a rout when they realize that the last part of their funny money dream, a…Continue Reading →
Lets just start with the CNBC crew and the illustrious Cramer. They got really bullied up over the past couple of days after the S&P held above the 1250 level. Essentially they are looking for Europe to do a funny…Continue Reading →
No change in our posture and positions.
Our theme since this summer has been: the number one factor to build your strategy around is world wide austerity. Simply it means that gold and commodities are not where you want to be. Stocks will tread sideways and follow…Continue Reading →