Archive - 2015 - Blog entry

If we don't prepare for the coming high tide, we may all drift out to sea.

Everywhere the U.S. Promotes Regime Change, ISIS Follows

The US Federal Reserve is obsessed with market reactions to its policies. Because of this, anytime the Fed plans to announce a major change in policy, it preps the markets via numerous leaks and hints… oftentimes for months in advance.

F*cked...

“Tis the part of the wise man to keep himself today for tomorrow, and not venture all his eggs in one basket” - Cervantes in Don Quixote in 1605

The key to successful long term investing is diversification and owning a range of different quality assets.

Gold has been shown to enhance returns and to reduce overall volatility over the long term. This was clearly seen during the financial crisis when gold was one of the very few assets to surge in value.

Those Who Live In Glass Houses Should Not Throw Stones ...

Oil price collapse: Have the central bankers painted themselves into a corner?

Nine-tenths of tactics are certain, and taught in books: but the irrational tenth is like the kingfisher flashing across the pool, and that is the test of generals.
--TE Lawrence

Correction continues, but it is only a correction.

Get used to the fact that the Fed won't act...

Congress Members – Part of the Fatcat Club Which Makes Money Hand Over Fist From War –  Are Heavily Invested In the War Industry ... and Routinely Trade On Inside Information

My favorite sector to short  is (once again) energy, as giants like Exxon are exhibiting topping patterns that strike me as once-a-generation opportunities.

Gains in the foreign currencies appears to be mostly short-covering rather than bottom-picking per se.  In bigger picture the dollar is consolidating its earlier gains.

One weekend. The process was not gradual. It was sudden and it was total: once it began in earnest, the banks were closed and you couldn’t get your money out (more on this in a moment).

Investors should hope for the best while making preparations for less benign scenarios. This can be achieved by reducing leverage and speculation and having a healthy allocation to physical precious metals in the safest vaults in the world.