Still recovering from surgery so sorry for the lack of updates over the last week or so. I haven’t been able to do any sustained research so mostly keeping up with the daily newspapers and reading some books.
Interesting to see the commodities market action. We constantly hear about the “wall of worry” that [...]
First, Jeff asks:
Really enjoyed your take on Ensco, and your general investment assumptions. Very curious as to your view on the appropriate amount,%, of your portfolio that is in gold/ silver. Also, when would you increase that position, and how… mining stocks, bullion, ETFs?
It’s uncommon that I agree with the mainstream viewpoint but in cases [...]
Unexpectedly (unless you read this blog and other like-minded sites), inflation has come back with back-to-back scary PPI and CPI numbers, even despite the government massaging.
In response, gold and oil has sold off, which makes little sense. Maybe people are discounting the inflation-fighting response already. Who knows? One can waste a lot [...]
I was a bit out of it yesterday but feeling much better today. Yesterday’s market action had a feel of PPT to it. Once the markets went negative and came back, it just felt “unnatural”. In soccer/football, they call it “against the run of play” when the team that’s been on its [...]
Any person who has ever interacted with dogs on a regular basis knows that you need to establish that you are the leader of the pack and that it (the dog) needs to follow you. Failing this, you will lose control, with varying destructive consequences (depending on the dog, of course).
Back at the beginning [...]
Market’s getting a big boost today here in the US but seems like the big money is rotating out of commodities as oil and gold are falling off.
This is the danger (at least for myself) of watching the markets too closely — my perspective gets warped and I start to lose discipline.
The resources are pulling [...]
