Tue, 17 February 2015
Charles Hugh Smith has written about the we are living in An Empire of Lies. We discuss what that means and why it must eventually end. The surprising thing is how long it has lasted. This is why it's so important to go back to the local investing and keep the money in your community where it will do the most good. Because when it all collapses, you'll be living in your local town, not in the global economy. Which is why you investing always needs to begin at home.
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Tue, 17 February 2015
We talked with the Gold and Oil Guy today, Chris Vermeulen. He says that Gold is still in a bear market, like it has been for the past three years. There's an opportunity to pick up a quick profit when it rebounds from its current plunge, but don't be fooled. It's all setting up very nicely for the ultimate bull market that's getting closer. Same with the much maligned Toronto Venture Exchange (TSX:V), which is at record lows due to its composition of miners and resource companies. Chris believes that when it comes back, it will come back very big, so consider the ETF. Chris is very bearish on Oil and doesn't see it for quite some time, so don't chase it lower. Believe the technicals, not your heart.
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