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Wealth Building Strategies

Shanghai Gold Exchange: As bullish as some claim?

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Posted by Larry Edelson - Money & Markets

on Friday, 06 January 2017 16:44

I don’t think so. Here again, most analysts got the Shanghai Gold Exchange (SGE) completely wrong.

The SGE was established in October 2002 by China’s central bank, the People’s Bank of China (“PBOC”) upon approval by State Council and supervised by PBOC.

Officially and fully open for business in September 2014, I personally was the first foreigner to visit the SGE in October 2004 and spoke with the president. Construction was underway, communications, quote pits for the different products and more. It was an interesting visit, under armed guard.

But for the record, let me explain the myth that the SGE is going to boost gold demand and send it to the moon.

The chief reason for the SGE is to officially allow two
types of cross-border trade in gold in China:
To promote general trade and processing trade.

In a nutshell, that means the gold is not brought in to the SGE for investment …



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Wealth Building Strategies

The Greatest Money Manager Alive Attributes The Majority Of His Success To Just This One Thing

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Posted by The Felder Report

on Tuesday, 03 January 2017 06:03

Stanley-DruckenmillerLast April I wrote a post about the specific trading style that has made guys like Stan Druckenmiller, Jim Rogers and George Soros so successful. That post focused on a single quote from Druck which I found particularly compelling because it goes against what most investment pundits would tell you is the right way to invest.

But Druck made an even more poignant and timely point in that speech a year ago. He singled out specifically what he believes to be the most important factor behind the returns in risk assets, namely the stock market:

....continue reading HERE



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Wealth Building Strategies

Investing For Maximum Profits During A New US Presidency

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Posted by Peter DeGraaf

on Friday, 30 December 2016 08:26

By listening to President-elect Trump we can anticipate the effect his administration will have on the US economy. 

Here is what we know: Mr. Trump plans to beef up the military, and improve US infrastructure, including a wall at the southern border.   

While there are other priorities, such as improving on healthcare, just his two main goals will require many billions of dollars. 

Being a successful businessman is his asset, and no doubt the new president will surprise us with funding that will be new and novel, such as enticing US companies with overseas assets to repatriate those funds and put them to work in the USA. 

Nevertheless, we can be assured that whatever new sources of revenue the new administration comes up with, government spending will increase and so will the Federal Deficit.

The total US Federal Deficit will top 20 trillion before long. This will be accommodated with more printing press money. Congress and the Senate are likely to go along with spending plans. Already the ongoing monetary inflation is causing price inflation, and the expectation is that this price inflation will accelerate.

Our ’investing for maximum profits’ therefore must include stocks and commodities that will grow during a period of price inflation. 

Charts are courtesy Stockcharts.com unless indicated.       

orig chart one 636185615617309476

Featured is the monthly US CPI chart.  Even though this official government Consumer Price Index is ‘tweeked’ to make it appear as benign as possible, the trend is clearly rising higher.  

http://news.goldseek.com/2016/28.12/images/chart%20two.jpg

Featured is the Chapwood index of price inflation in 10 US cities.  This index www.chapwoodindex.com tracks items that are used or consumed on a daily basis, compared to the components of the index used by the government, which are ‘massaged’ to produce a desired outcome.  From these two charts (and especially the Chapwood chart) it is obvious that price inflation is ‘here to stay’.  

Following are some charts that feature commodities which will benefit from increased inflation.  Our personal portfolio is centered around these commodities and this portfolio has increased by over 52%, during the past 12 months.  In order to stay ahead of price inflation, our assets need to grow faster than the rate of inflation. 



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Wealth Building Strategies

Technically Speaking: Your Brain Is Killing Your Returns

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Posted by Lance Roberts - The Real Investment Report

on Wednesday, 28 December 2016 08:02

“Technically” from this past weekend’s missive. The important point, if you haven’t read it, was:

“The stampede into U.S. equity ETFs since the election has been nothing short of breathtaking,” said David Santschi, chief executive officer at TrimTabs. ‘The inflow since Election Day is equal to one and a half times the inflow of $61.5 billion in all of the last year.  One has to wonder who’s left to buy.’”

You can see this exuberance in the deviation of the S&P 500 from its long-term moving averages as compared to the collapse in the volatility index. There is simply “NO FEAR” of a correction in the markets currently which has always been a precedent for a correction in the past.

SP500-MarketUpate-122316-2-1

The chart below is a MONTHLY chart of the S&P 500 which removes the daily price volatility to reveal some longer-term market dynamics. With the markets currently trading 3-standard deviations above their intermediate-term moving average, and with longer-term sell signals still weighing on the market, some caution is advisable.



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Wealth Building Strategies

I Hope You've Been Paying Attention?

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Posted by Michael Campbell

on Friday, 23 December 2016 11:13

mmm- Dallas has blocked withdrawals from the police and firefighters pension fund.

 
- The Italian government is scrambling to prevent the world’s oldest bank - Monte Paschi - from going down.
 
- 446,000 people in the States joined the ranks of the permanently unemployed in November alone pushing the total number to an all time high 95.1 million.
 
- Meanwhile global stocks markets have added over $1 trillion dollars since Donald Trump’s election.
 
- Gold is off $250 since the post Brexit highs.
 
That’s not much of a way to say Merry Christmas, is it? But it’s a very good reminder as to how much things are changing. Of course we’ve been getting that message every day, week and month since the spring of 2008 when Bear Sterns went under. 
 
Still, that collapse of an 85 year old Wall Street mainstay still wasn’t enough to wake up investors, regulators, financial institutions or politicians. So 5 months later the subprime mortgage crisis hit and the world hasn’t been the same since.
 
The question is – what aren’t we paying attention to today that will shake the financial world?
 
Is it the end of the 35 year decline in interest rates and the subsequent trillion dollar losses in the bond market since July? Maybe it’s the success of the 5-Star Movement in Italy, who want to stop using the euro and return to the lira.
 
It could be the escalating problems in the emerging market countries,  led by the collapse of Venezuela, who are all in big trouble because they borrowed money denominated in US dollars and now their economies are tanking while the dollar goes up. As Canadian comedian Russell Peters says – “somebody’s gonna get hurt real bad.” Top of the list will be the people, banks and governments who lent them the money.
 
Maybe its Amazon’s new no check-out, no cashiers test store in Seattle, which reminds us of the job threat of technological substitution. My guess is that our political class is so clueless that they’ll be sitting in a self driving taxi on their way to an ATM machine in order to put money on their credit card to buy something online that will be delivered by drone – and still scratching their heads wondering if technological substitution is a problem.  
 
The First Thing To Understand
 
We are living through the most intense rate of change in history – and that spells both danger and opportunity. Danger - as in the fall in gold from over $1900 US to the $1150 range or the drop in the euro from $1.60 to $1.06 or the loonie’s decline from over to par to the 68 cent low. There are no shortage of examples of the cost of missing the changes.
 
But it works both ways. (Warning: this is the promotion part) If you had taken the advice at the World Outlook Financial Conference (Jan 2013) / Moneytalks (Oct 2012) and bought US dollars you’d be up over 30% even if you put it under the mattress. Better still, if you bought our recommended quality US dividend paying stocks (starting Mar 2009 and ever since) or real estate in the Phoenix area (World Outlook 2012) you’d be up triple digits.
 
People ask me all the time how can I protect myself – well that’s my answer.
 
But it’s not just in the US. Look at the results of all the recommendations of the 2016 World Outlook Small Cap Portfolio (as of last week).

smallcap

Of course past performance is not a guarantee of future results, but thanks to the research of Ryan Irvine and Keystone Financial, the World Outlook Small Cap portfolio has earned double digit returns every year since we first introduced it in 2009.
 
And I have to admit that I love when the recommendations pay for the price of a ticket many times over. And last year was no exception. John Johnson called the fall in the loonie from over 80 to under 70. Mark Liebovit called silver’s move from under $14 to $20. Josef Schachter oil stock recommendations were up over an average of 100%.
 
Of course I chose the keynote speakers for their track record so while it’s impressive, the great results are not a surprise. 
 
Here’s the Problem For Some People
 
I looked at the Friday, February 3rd television schedule - you’d be missing Undercover Boss and Hollywood Game Night, and Saturday has the much anticipated recap of The Bachelorette. That’s tough to compete with, even with some of the top market analysts in the English-speaking world, including Martin Armstrong, subject of a critically acclaimed documentary and an upcoming Hollywood film. But then again we all have to make sacrifices to secure our financial future.
 
The bottom line is that we take your time and money seriously. With that in mind we have put together our best conference ever in the hope of making you a significant amount of money and just as importantly protecting you financially. 

Sincerely, 

Michael Campbell, 
Host of Money Talks

2017 World Outlook Financial Conference Details

Where: Westin Bayshore, Vancouver BC
When: Friday afternoon and evening, February 3 and all day Saturday, February 4, 2017
For more information including speakers and the agenda: CLICK HERE
To reserve your seats: CLICK HERE



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