Toward The New Gold-En Era
In the past half a decade, gold prices were fueled by negative rates. Now gold is driven by geopolitical risks, efforts at gold-backed trade and local prices. Not so long ago, the conventional wisdom was that the continued recovery of the US economy would support rate hikes and thus the strengthening of the US dollar, […]
An In-Depth Look At The Precious Metals Complex
Before we look at the charts I would like to thank Sir Plunger for putting on the short oil trade this week while I was recovering from surgery. You won’t find a more thorough and in-depth look at oil than what Sir Plunger offered. And wouldn’t you know it his timing as usual was impeccable. […]
Investment Advisors Aren’t Worth The Money
I had a conversation with a prospective client the other day who called me inquiring as to what we do. I gave him the typical run down that we are a fee-only investment advisor specializing in ETF portfolios. In other words, we provide discretionary management of client accounts using low-cost investment tools. His response {paraphrasing}: […]
E Should You Consider Social Trading CopyFunds?
Every online trader wants to strike it big in the market, yet according to data, the vast majority quit just months after joining this lucrative world of online trading. So, why is that? And is there an antidote to failure? Conventional wisdom dictates that a cautious approach is the best way to do it. If […]
Oil Prices And Asian Stocks Seek To Erase Losses
Reports by the U.S. Energy Information Administration of a reduction in U.S. crude stocks sent oil prices slightly higher on Thursday morning, helping the commodity recover steep losses suffered on Wednesday. U.S. WTI crude futures gained 12 cents on Thursday morning, to trade at $50.56 per barrel after falling 4 percent overnight, while Brent crude futures gained […]
Recent Stock Purchase II April 2017
I usually end my ‘stock considerations’ posts the same way by saying that Mr. Market always has the last word and that sometimes stocks that I’m not considering in a particular month may suddenly become attractive once again because of a serious sell off (usually after poor earning reports and guidance). While I added to […]
Subprime Pet Rental Company Files For Bankruptcy
Two months ago, Bloomberg’s Patrick Clark penned an article that promptly went viral as it touched on a rather unorthodox topic: a pet leasing, or rather rental, company aimed at subprime borrowers who could not afford to buy their pet outright. The company in question is Wags Lending, a/k/a Bristlecone, was founded by Dusty Wunderlich in 2003. A […]
The End Of Quantitative Easing – Perhaps Now It Will Be Inflationary?
One of the greatest monetary experiment in financial history has been the global central bank buying of government debt. This has been touted as a form of “money printing” that was supposed to produce hyperinflation. That never materialized as predicted by the perpetual pessimists. Nevertheless, the total amount of Quantitative Easing (QE) adding up the […]
Indian Indices Trade Marginally Higher; Realty Stocks Witness Buying
After opening the day on a flat note, share markets in India witnessed some buying interest and are presently trading marginally higher. Sectoral indices are trading on a positive note with stocks in the realty sector and consumer durable sector witnessing maximum buying interest. The BSE Sensex is trading up 68 points (up 0.2%) and the NSE Nifty is trading up 21 points (up 0.2%). […]
4 REITs Building Investors Hopes This Earnings Season
We are at the onset of the Q1 earnings season and investors are glued to quarterly releases. One can be lured to stocks that have already impressed with profits. But instead of betting on them, picking stocks that are set to beat can be far more rewarding. This is because, an earnings beat essentially serves […]
