Archive - Jun 2013 - Blog entry

Here's my take on the key events for investors in the week ahead, with an attempt to place them in a somewhat larger context.

Images from False Hope Tour 2013...

History shows that buying assets down 60% or more has usually delivered fantastic results. On this basis, gold miners, coffee, Vietnam and the Indian Rupee may be tomorrow's winners.

Near-term outlook for the major currencies discussed and a brief analysis of the short-coming of fair-value "discounting" models in understanding recent price action.  

Stand By Your Man.

“That’s the whole dilemma!” As the G-20 is already getting cold feet....

All market collapses follow a particular pattern. We're passed #1, into #2... next up is #3.

Amerikan Gulag...

Smyth: There seems to be an expectation that the end of QE will be bullish for the Dollar and therefore bearish for gold. My view is the end of QE will be bearish for all those asset classes which require QE for life support

On Tuesday the People’s Bank of China agreed to inject money to stop the shortage that was occurring and that was already a change of attitude.

No matter the amount and severity of lawsuits, settlements, and bad publicity, it appears that the act of signing without proper authority or knowledge as to that which one is signing, continues.

Gold has gone down Friday to under $1, 200 an ounce and that means it’s reached its lowest point for the past three years. Worse than that: it’s been the worst quarterly performance for gold for 45 years!

The real question is when will the Feral Hogs fix their sights on the WTI market, and take it down to $80 like they have the last two years. My guess now that they have had their fun with the Gold and Silver markets, they will start looking around for their next target.

With the Comex futures prices becoming increasingly irrelevant, a Physical Gold price datasource for buyers of physical Gold

What a Boomer, what a screwer; What a Ponzi come-er true-er was he