Global Market Commentary, Analysis and Investments
Gold has shown more resilience this week. At last check, it’s still higher than it’s been anytime up until… hmm, let’s check the chart… two weeks ago.
Still, the known big buyers and sellers of the yellow metal are making for an interesting trading environment currently.
[Read more...]It may come as a surprise to some that both the S&P 500 and the Russell 2000 are both considerably more volatile than gold bullion.
We believe that each asset class has its own DNA when it comes to volatility. You can see this in the chart above, which shows the rolling 12-month volatility over the past 10 years for gold and gold equities compared to key large-cap and small-cap stock indexes.
[Read more...]What a great town! Buenos Aires. We love it here.
Why?
Because it shows how you can completely foul up a major economy…and still enjoy a great steak dinner with a good bottle of wine.
Not only that, the weather is nice and the women are pretty. Who cares about GDP, debt, monetary policy and good governance?
[Read more...]The Money Morning newsletter bills itself as Essential investment news & insight from MoneyWeek.com which makes me suspicious right away because of all the times I have been lied to over the years by people telling me that something is essential, which it seldom is, and it usually turns out to be a code word for, Its gonna cost ya, buddy!
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The Battered Goldbug Hotline
Our first call came in this morning:
“Is this the Battered Goldbug Hotline?”
“Yes…you’ve come to the right place.”
“Thanks…I need help. I’ve been battered by the nasty gold market.”
“You poor thing…go ahead…spill it out…here at BGH, we’re ready to help.”
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