Wed, 2 March 2016
It was a big month for Gold up 10.7% and Bitcoin up 14.3%. Energy down, especially Natgas, which lost a whopping 27.8% closing out the month at $1.66. Dow was basically flat and the TSX.V had a nice 8% move. The USD lost 1.3% percent. The 10Yr hit 1.74, a level not seen in a long time. Volatility is on the upswing and could very well continue into the foreseeable future.
Comments[0]
|
Wed, 2 March 2016
In life it's the Dogs that Don't Bark are the ones that bite you on the rear. The financial bust of 2008-09 is a perfect example. It was obvious and yet it was almost universally unseen. It was right under everyone's nose and yet it was virtually universally ignored. The obvious is always the least suspicious. Jason calls it absence blindness. And he has a strategy for avoiding it and saving yourself when everyone else is getting creamed.
Comments[0]
|
Wed, 2 March 2016
Wipeout Wednesdays with Andrew Hoffman: Today, I wrote "which of the Big Three PPT's will fail first - oil, gold, or stocks?" Just focus on keeping the Dow Averages up. Keep the oil prices up. Whistle past the cemetery. Following up our "eye of the hurricane interview from last week," the downward pressures on nearly all asset classes are only accelerating, whilst the upward pressures on Precious Metals are going parabolic.
Comments[0]
|
