What if we were on a death march and didn’t know it? That is the condition for most death marches. Milestones on a death march are rarely noticed or considered important at the time. Mostly that is because the ultimate destination is not suspected by those involved. Did the Romans know what was happening to […]
A simple video explains what has happened and how it is no different from any other country/civilization that rises and falls. It focuses on money/gold and provides an historical as well as a causal explanation of why a major crash is inevitable. We can either die in the flames of inflation or freeze in deflation/depression. […]
Received from Jim Sinclair’s JSMineset [email protected] via auth.ccsend.com: You have to be wit-less not to see that you are going to pay for the sins of the banksters. They got the blood covered profits. Now in the “Great Leveling,” in which you are solidly founded as a serf. The Great Leveling will come in two […]
Those invested in gold or other precious metals were slaughtered in the last two trading days. Although the pain of their losses is likely not to be eased by the chart that follows, it does show the validity of gold as a long-term strategy. As Voltaire once said: “All fiat currency returns to its intrinsic […]
David Stockman wrote an intriguing article which appeared in the NY Times. That it appeared in the Times is noteworthy itself, for it contradicts so many liberal shibboleths the paper has supported (promoted) for many years. Its appearance is less likely to reflect the first steps to Damascus and may be a sign of financial […]
A list of issues that I found time to tweet about but not offer my commentary is included below. I consider most of these important to the continuing and worsening crisis. Gold To Benefit From Cyprus Fiasco,http://t.co/Zyuu4xWak1 The Dollar and the Real Inflation Storyhttp://t.co/kldv6mOq11 Say Goodbye to the Purchasing Power of the Dollarhttp://t.co/fvzYpmQtKG Anatomy of […]
The threat in Cyprus has to scare anyone with visible, liquid assets. Depositors in banks should feel especially vulnerable. Look for these assets to shrink. Look for alternatives such as precious metals to benefit. Zerohedge provides an example of how Bitcoin has been affected: In Spain, The Bitcoin Run Has Started by Tyler Durden Something extreme […]
Recent action is gold has been disappointing and perplexing. Central banks print money furiously in order to enable their bankrupt sovereigns to survive. Yet, gold is plunging when one would have thought it should be soaring. The purpose for holding gold is to protect against currency moving toward its intrinsic value of zero. Yet just […]
The calendar year is not over, but some review of stock market performance may be useful in preparation for the new year. Normally this review would be restricted to Premium Members, but this one is unprotected. This type of inter-temporal momentum tracking will become a regular feature of this website, although future applications of it […]
Suggested stops for the December rankings are provided below. These are mechanical calculations based on ETF volatility. As usual, the first column represents the price at the end of November and the second two columns represent possible stop levels. One is tighter than the other and whether you choose either or set your own is […]
The December rankings and performance of previous rankings are provided below. Suggested stop levels for each of the rankings will be provided in a separate post. December Selections
This update is based on market-close data as of November 22. Performance is based on beginning of that month’s rankings, assuming they were purchased and held for a full month. Stop placement or early selling would produce different results. So, too would different entry or exit prices. There is no way to account for early […]
The ranking of the 11 ETF Asset Classes routinely followed on this site is shown below. These rankings reflect the latest order produced by the algorithm used to rank individual ETFs. There have been some movements in these rankings reflecting recent market action.
Monty Pelerin's World discusses economic, political and financial issues from a free market perspective. All Posts
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