Expect the Unexpected Whether it be the opinions of stock analysts as to the future value of a stock, or a convincing argument as to the excessive debt of Japan, opinions are just that – opinions as to the future. When one attempts to foresee the future, it is inevitable that factors, or events, or… Continue reading We Used to Fear Overpopulation. Now it is a Lack of Young People.
Tag: gold
Sending US Dollars Overseas
In a recent book titled “The Next Decade” by George Friedman, Mr. Friedman makes the point that the US remains the world economic power with 25% of the world economic production. His contention is that the US President must exert that power in many ways, always mindful that the USA is the world’s economic powerhouse.… Continue reading Sending US Dollars Overseas
Gold Disappoints Again – Gold Bugs Beware. The Inevitable Has Not Come.
The Price of Gold Stagnates Looking at the chart of the price of bullion (Gold) one sees that the current price is almost where it was several months ago, and nowhere near the high of 2011. It is currently resting slightly above $1,650, which is just a bit weaker than it was a few months… Continue reading Gold Disappoints Again – Gold Bugs Beware. The Inevitable Has Not Come.
The Financial System’s Death Knell? Or an Over-Reaction?
An Over-Reaction to Current Debt Issues Those that are sophisticated enough and experienced enough, know that after every exuberance in an economic cycle, financial matters become so difficult that many come to the conclusion that “This Time It Is Different”. Analysts come to the conclusion that there is no escape from the inevitable and doom… Continue reading The Financial System’s Death Knell? Or an Over-Reaction?
Commentary on the Price of Gold – Buyer Beware
Will Gold Reach $2,500 an Ounce Common wisdom is a belief that gold is poised to rise in value, and that you had better buy gold for your security. Advertisements heard regularly on US and Canadian radio advertise how to buy gold for your portfolio. Gold Funds and Silver Funds, Gold and Silver ETF’s and… Continue reading Commentary on the Price of Gold – Buyer Beware
USA Leads the Way in World Recovery – here’s why !
News Media have to Fill Space & Get Attention – Gloom & Doom Gets Attention In the midst of an overload of information, it is important to step back, silence the rhetoric and gain a wider perspective of the economy. CymorFund has frequently discussed how the economy has cycles of activity. Each cycle starts anew… Continue reading USA Leads the Way in World Recovery – here’s why !
The Future Price of Gold – The Golden Dilemma
A recent research paper by Erb & Harvey, Duke University – Fuqua School of Business; National Bureau of Economic Research (NBER), revised August 3, 2012 is titled The Golden Dilemma In this paper, many of the ‘street’s’ beliefs in gold are examined in a detailed and historical context. The paper is too lengthy for this… Continue reading The Future Price of Gold – The Golden Dilemma
Silver is Shining, More than Gold
Gold’s Breakout Commentators have filled the news recently commenting on the breakout in the price of gold. Gold broke out of its reducing triangle and following the Ernmor trap, started a strong move to higher levels. Expressions on the part of gold bugs led to predictions by many of $2,000 and $2,500 price levels per… Continue reading Silver is Shining, More than Gold
The Price of Gold Has Broken Out
Gold’s Amazing Run to $1,900 In August 2011, gold broke out to new highs of over $1,900 per ounce. What a ride from November 2008 when gold rose from above $700 to August 2011 with gold at $1,900. Gold remained in an unbroken channel moving ever higher, until near the end of its run, it… Continue reading The Price of Gold Has Broken Out
Gambling on Gold – Is it Time to Buy?
In an interview with Small Cap Power earlier this year, the interviewer asked whether it was was an opportune time to buy gold. At that time the US Congress was in a stalemate over raising the debt limit. There were daily increasing fears about debt defaults in Europe. China was entering a slowdown and the… Continue reading Gambling on Gold – Is it Time to Buy?