Tom Petty’s Retirement Plan
You never slow down, you never grow old A bunch of different snippets today. First up, my brother sent me this link from USA Today that as Congress starts to try to figure out tax reform they might change the tax deferred status of 401k contributions. If they were to change it such that all […]
The Three Rules Of Angel Investing: From Someone Who’s Tried
Salesmen rarely make good managers or business owners. But that doesn’t stop them from trying. It used to be a hallmark of American business that successful salesmen were promoted. The logic is obvious. Whatever makes Joe or Amy great at selling the company wares should be emulated by others, thereby making the company more successful. […]
Weekly Wrap: Don’t Let The Debt Ceiling Deal Fool You
This week our Safety and Security investing theme, unfortunately, reigned supreme. Just days after the worst storm in modern U.S. history took nearly one quarter of U.S. refining capacity offline and dropped a biblical amount of rain on Texas, here comes Hurricane Irma, the most powerful Atlantic Ocean hurricane in recorded history after having done major damage […]
What Makes Exco Technologies A Good Business?
XTC is an industrial company working with the automotive industry. Exco (XTC.TO) is a global designer, developer, and manufacturer of dies, molds, equipment, components, and assemblies to the die-cast, extrusion, and automotive industries. What’s a “die” anyway? Here’s the complete definition from Wikipedia: “A die is a specialized tool used in manufacturing industries to cut or […]
Global Policy Uncertainty Peaks And Volatility Troughs
A curious couple of trends are underway on the global stage. Global economic policy uncertainty appears to have peaked at an all time high earlier this year, while at the same time average implied volatility across global equities looks to have bottomed, after putting in a 12-year low in August. These two trends combined look set to ensure the […]
The U.S. Petro Dollar Breakdown Continues: Big Moves In Gold & Silver Ahead
The four-decade long monopoly of the U.S. Petro-Dollar as the world’s reserve currency is coming to an end. Unfortunately, most Americans have no clue that when the Dollar loses its reserve currency status, life will get a lot tougher living in the U.S. of A. Let’s say, Americans will finally receive “Precious metals religion.” The […]
Weekly Wrap-Up: Markets
This week we’re joined by John Embry, longtime Chief Investment Strategist for Sprott Asset Management. John discusses the recent surge in gold prices and why he believes a new bull market is well underway. Audio Length: 00:08:53
EUR/USD And GBP/USD Forecast- Friday, Sept. 8
EUR/USD The EUR/USD pair rallied a bit during the day on Thursday, breaking above the 1.20 level. We did stop just about at that level, so I think we need to make a fresh, new high to start buying. In the meantime, we could get pullbacks that are attempts to build up momentum to finally […]
Highly Unusual US Treasury Yield Pattern Not Seen Since Summer Of 2000
Curve watchers anonymous has taken an in-depth review of US treasury yield charts on a monthly and daily basis. There’s something going on that we have not see on a sustained basis since the summer of 2000. Some charts will show what I mean. Monthly Treasury Yields 3-Month to 30-Years 1998-Present It’s very unusual to […]
Morgan Stanley Asks “If Employment So Good,” Why Is This Happening To Credit Card Delinquencies
In a new downgrade of subprime lenders Capital One and Synchrony, Morgan Stanley sought to answer the nagging question of why subprime credit card losses are suddenly soaring, per the chart below, “if employment is so good.” After reportedly spending the entire month of August analyzing that question, Morgan Stanley came to many of the same […]
