Ask yourself, how often in my lifetime have I seen the stock index of a country go up 50% to 100%? Then ask yourself, if I just inherited $100,000, would I blindly invest in these indexes today? Why? Hopefully this article puts things into perspective.
Read More0But the Elliott Wave folks miss one thing when they do their prognosticating, and that is “the unexpected.” In a perfect world with no outside influence, the ABCD patterns of Elliott Wave Theory seem to fall in place naturally. But Elliott Wave Theory doesn’t take into account external influences that can affect these patterns like what occurred earlier this week.
Read More0“DOW 10,000 (version) 2.0,” but is it really a better version, or even the same version as DOW 10,000 of 1999?
What most don’t realize is that the DOW 10,000 of 3/12/99 was worth more in terms of purchasing power than DOW 10,000 10/14/09 by a whopping 23.8%. Why? Because the dollar index has fallen 23.8% since March of 1999.
Read More0At least so far, Joshua Zumbrun from Forbes has chosen not to post my reply that disagrees with his perspective. Since I know that many of these bashers of gold won’t post my replies, explaining to them where they are mistaken about gold, I make sure and do a screen print to show that I have in fact replied but they have chosen not to post that reply. Then I expose them here on my blog.
Read More0In my continual efforts to challenge investment advisors and journalists about the need to diversify with gold, a pleasant surprise developed today…..an advisor responded!
Even though the title of his article is misleading, Larry Swedroe, principal and the director of research for Buckingham Asset Management and BAM Advisor Services, did respond to my comments about his CBS Money Watch article; “Don’t Believe the Hype About Gold.”
Read More0Chris Farrell from Marketplace Money, a column written for American Public Media, wrote an article that promoted misleading information about buying gold. The article in its entirety follows and you’ll find my response pointing out Farrell’s unsound advice about buying gold below that.
People need to know the truth when it comes to buying gold and I will continue to challenge financial advisors and the media journalists who continue to misinform the public about gold.
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