Because gold has risen rather spectacularly over the last ten years, many claim that it has become a bubble. This claim is usually made solely on the basis that the price has risen, rather than any economic argument. Few, if any, of those making the claim correctly identified any other bubbles of the past ten [...]
Tag archives for Investing
Investment Opinions from Casey Research
John Mauldin presents an Outside the Box interview with David Galland of Casey Research. I think it is a must-read for investors. In the interview, Mr. Galland sees a major policy shift by the Federal Reserve in terms of ending QE2 with no announced QE3. Mr. Galland believes: That the shift, and it is imminent, [...]
Some Views on 2011
Jeff Clark presents the following people as “experts” regarding the economic future. They certainly are distinguished, well-known and have a following. Their views are worth knowing and made available by Mr. Clark: Jim Rogers is a self-made billionaire, author of the best-sellers Adventure Capitalist and Investment Biker, and a sought-after financial commentator. He was a co-founder of [...]
One Opinion on Markets
No one really knows how the end of this financial crisis will play out other than “badly.” Many have offered their opinions. They should be respected for their bravery and presumptiousness. Only the passage of time will determine who was correct. Many readers have asked my opinion. As most of you know, I think the [...]
Some Personal Investment Comments
I am frequently asked by readers to provide a market forecast. As I have said before, it is possible to do so but it is impossible to do so with any reasonable degree of certainty. The probability of an accurate forecast is slight in normal times. The current situation is hardly normal, reflecting economic and [...]