Monthly Archives: November 2011

Why Europe needs America!

Being in a country like Canada, and being in the investment management business a very long time helps one have a broader perspective. In my experience (thirty years) global economic cycles tend to follow a pattern out of slumps: US … Continue reading

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Short Gold, go LONG Currencies?

Central banks stockpiling bullion? Based on their historically really bad timing, looks like the price of gold has more room to move……DOWN! “The Central Bank Gold Agreement (also known as the Washington Agreement on Gold) was announced on September 26, … Continue reading

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Euro-Crisis is just noise – BUY American!

While everyone is obsessed with the financial crisis in Europe, and occasionally China, the real story is in America.  The global market may seem to be on thin ice, but the U.S. recovery is on a solid footing. I argued … Continue reading

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Bad funds today, stars tomorrow!

Over decades, I’ve been quoted in newspapers and television (and have also made dozens of presentations to various professional groups) suggesting that bad funds (defined as those with miserable track records at present, or dogs) offer the best potential for … Continue reading

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How to predict the future – on the back of an envelope!

Fortune telling isn’t as difficult as you might think. A good prognosticor will combine some highly probable occurances (“you will meet someone”) with some razzle dazzle (“and become romantically involved”). Forecasting the stock market is easy enough as well. A … Continue reading

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Understand stock market in one minute!

LONDON, Nov 1 (Reuters) – Gold buckled under pressure from a stronger dollar on Tuesday after the Greek prime minister shocked financial markets by calling a referendum on an agreed bailout package and as the collapse of broker MF Global … Continue reading

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