CymorFund Blog
The Attractiveness of Gold In a recent blog, I suggested that patience and technical indicators were key in buying gold. I suggested that the moment had not yet arrived to make this investment again. This week there were announcements from Bankers in parts of the world that they were adding to their gold purchases. Bankers...
The Volatility of Gold Some months ago we cautioned readers that investing in gold at that time was quite a risky thing to do, as it was an even bet as to where gold would head. We suggested that the reader could flip a coin as to whether to invest or not and strongly urged...
Golden Cross Technical Analysts rely on historical comparisons to determine their view of what the Charts Say. One of the strongest indicators watched is when Moving Averages (MA) cross each other. A shorter term moving average crossing a longer term moving average is considered a strong indicator. A Golden Cross is when a 50 day...
The Financial Post today reports that US private sector hiring surged in December as employers added 325,000 new workers, while claims for jobless benefits fell. This come from the ADP National Employment Report. As a comparison, in November 2012, 204,000 private jobs were created. “The number is stunning” quote by Wayne Kaufman, chief market analyst...
A Happy New Year to Readers Reflections Over the Holidays The end of a year and the start of the next is an annual time for reflection and catching up on reading. The economic downturn has had some dramatic negative effects on many people, but what becomes apparent upon reflection is the similarity in some...
The Cymor Strategic Growth Fund Blog will return after the holidays. Blogging re-commences in 2012....
The Off-Balance Sheet Financing in China Recently we discussed the enormous debt of government controlled Investment Corporations in China, and we warned that this debt, combined with other government debt in China, was approaching 87% of GNP. This is an astounding figure, unmatched in recent history. Comparisons to other nations’ growth in recent years reveal...
Gold – The Great Gamble In two recent blogs, we warned readers that buying gold at this point in time was a large gamble, and was against the instincts that investors should have. In each case, we speculated that weakness in the price of gold was probable, although not definite. In the current world wide...
In this blog, we quote part of the December 2011 newsletter from Absolute Return Partners LLP. In their newsletter they review reports on the performance of Fund Managers from many countries, and conclude that for the most part, even the most famous fund managers, over a sustained period, are not worth investing with. Our view...
Gold is in the $1,700 per oz range currently. There is a divided view on whether it will rise to $5,000 an ounce, or fall to $500 an ounce. The Fear and The Media The most widely held view over recent years, is that because Western societies have printed money (thanks to Alan Greenspan –...