CymorFund Blog
We have often repeated that one has to take a longer term view of what is happening around us, and ignore the screaming headlines. There are some unmistakable trends occurring and one has merely to observe what is going on from a bit of an overview to understand what the future likely holds. Trend One...
The Attraction of Gold and Silver Very often we look at gold and use it as our main object of attention. Yet historically there has been a continuing relationship between gold and silver. The two metals are together regarded as alternatives to paper currency. Silver is often referred to as gold’s poor cousin. Silver’s Industrial...
The Objective for the Value of the US Dollar In my last blog, I mentioned the relationship between gold and currencies. A lot of the artificial rise in the value of gold, is directly related to US Fed announcements and policies. I also discussed the rational for this and the attempt to assist the US...
Volatility in the Price of the commodity GOLD What a period it has been. Last week the price of gold rose dramatically and this week it moderated. Last week the price of the commodity reacted to the Fed announcements rising dramatically, and this week some common sense actually occurred and the price fell. Traders in...
The incredible propaganda use of the recent vote at the UN prompts me to depart from our usual topics and reprint in its totality a brilliant dissertation by David Warren in the Ottawa Citizen. My apologies to those who feel this blog should be only economics and investments. Canadians owe a debt of gratitude for...
Gold Hits a New High As everyone knows, the price of gold bullion has been on a tear lately. It seems each day that passes, the price of bullion hits a new high. I think it was Greenspan who said that you can never recognize that you are in a bubble, until after bubble has...
Information Overload As we muse about investing, and as we try and make sense of the overwhelming amount of information flow coming our way, two thoughts occur to us. The first is that “The media is the message”, and the second is that “The experts are usually wrong, the crowd is usually right.” Marshall McLuhan:...
The Big Guys are Buying the Little Guys We have suggested that junior metals mining, exploration and producers stocks are a very good place to invest currently. A recent phenomenon, while not unexpected, has drawn more interest to this sector. The long established major producing gold mines in South Africa and elsewhere are recording reduced...
The National Bureau of Economic Research (NBER) declared that the recession was over in June 2009. A V-shape recovery was stalled temporarily by the situation in Europe, but as we said before, the recovery is back on track and as momentum gradually accelerates, as people get their confidence back, and as the ‘next big thing’...
GOLD We have been suggesting since the blog started that junior resource stocks are the place to be. . We have also suggested that junior gold stocks are a favored sector. Our belief is based upon many factors, including * a worldwide concern about the value of paper money, * the decreasing amount of gold...