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. […]
I routinely feature Gordon T. Long and his Macroanalytics presentations here frequently. His analysis is generally excellent and actionable. This recent audio/slideshow includes Ty Andros, a regular with Mr. Long, and David Chapman, a newcomer to Long’s site and someone new to me. Mr. Chapman is a cycle theorist, something I have never been comfortable […]
Mathematics, rightly viewed, possesses not only truth, but supreme beauty — a beauty cold and austere … Bertrand Russell Regular readers of this site know that I believe the economy and the stock market are little more than smoke and mirrors. Both are overrated, overstated and likely to collapse. On numerous occasions I have discussed reasons […]
Catherine Austin Fitts provides excellent analysis of our current scene both for those who want to understand what is happening and what is coming. The podcast is an excellent one for investors as well. Gold and currencies are discussed. Everything is put into the context of the political manipulations necessary to keep the system going. […]
The term “unintended consequences” is used to describe outcomes not foreseen by the central planner. It certainly describes most government programs. For years, I have insisted that the term does not do justice to what actually happens. It is not strong enough to properly convey the results of major government actions. Hence, the “Pelerin Rule” […]
John Rubino and Gordon T. Long discuss the recent gold takedown. For anyone interested in gold, this discussion should not be missed. It also has implications for other markets. If there are no longer any rules or laws regarding market manipulations, what may happen in terms of equities, currencies and other markets? Link The question […]
The Canary In The Coal Mine The expression “canary in the coal mine” derives from the use of canaries in coal mines as a form of an early-warning for the miners. Wikipedia explains: An allusion to caged canaries (birds) that mining workers would carry down into the mine tunnels with them. If dangerous gases such […]
For those wanting (needing?) to read another analysis of the gold price debacle, here Grant Williams provides a good explanation. There are several reasons which might have prompted this engineered attempt at driving down the gold price. If one of those reasons was to scare the public away from gold as a safe asset and […]
The plummet in gold prices has all gold holders perplexed and less wealthy. In times like these, the weak panic and get out and the strong get in. If this is a manipulated event (and it certainly appears to be so), then the big money will be accumulating gold at these prices. That’s fine if […]
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.
The updated performance through November 13 is presented below. Additionally, the new rankings as of this same date are provided. Performance is based on the rankings as of November 1. The assumption is that you bought and held equal dollar amounts within a category and that you still hold these ETFs. If you entered at […]
Monty Pelerin's World discusses economic, political and financial issues from a free market perspective. All Posts
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