Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts

Tuesday, September 27, 2011

Silver

Financial advisors and promoters have been pushing investors and even normal people to buy lots of gold. Now they are pushing them to buy silver as well. Silver is cheaper and more affordable. You can't eat it or drink it or build homes with it or sew it into a garment or use it as a towel but it has value because people want it (for some strange reason.) Figure that one out.

Saturday, September 17, 2011

Mexican Bonds

Why is it that so many people seem to be out there selling Mexican bonds when in effect they do not have them? Some of these bonds can be pretty pricy - upwards of 5 billion - and they make for good business if only people would be serious about them. If you have one of these or if you know someone who does, just look me up. We're buying.

Saturday, September 3, 2011

Buy Gold and Silver

Almost everyone agrees that since the dollar might suffer a collapse soon, buying gold and silver is about the smartest move any investor can make. Even Porter Stansberry and JPMorgan agree.

Monday, December 22, 2008

Impure gold


This sounds very fishy to me: “Chris Weber, the editor of the excellent Weber Global Opportunities Report, makes the calculation in the most recent issue of his newsletter. He adds up the value of all the paper money in the world... and comes up with $100 trillion. Then he divides this by the total amount of "above ground" gold in existence – 5 billion ounces – and finds a fair value of gold at $20,000 an ounce. If Chris Weber's calculations are correct, the gold price would need to rise about 22 times to match the rise in the quantity of paper money in the system.” So, the question is, why aren’t all the other precious metals factored in???? This must be pure baloney. Gold is at about $850 an ounce right now (today). PLEASE. Even the girl at left knows better. Gold is not edible, remember?

Monday, November 10, 2008

Just maybe


From an abbreviated article in an investor newsletter:
By Tom Dyson: Less than nine weeks ago, I was in Singapore, at the headquarters of one of the fastest-growing, best-managed companies in the world. This company is the world leader in water treatment and purification systems. The name of this company is Hyflux. The CFO told me his company was on course to make 300 million Singapore dollars (SG$) in earnings over the next five years. He told me his order book is so full, the company is turning business away. The only problem was, I wasn't the only person who had figured out what a great company Hyflux was. The stock price – at around SG$2.75 – implied the company was worth more than SG$1 billion. I would never spend $1 billion to get $300 million in earnings over five years, even on this superb company."If only this stock was 50% cheaper..." I thought to myself as I left the company, feeling a little deflated. "Maybe someday." Now... after stocks have experienced one of the worst crashes in history, Hyflux is 35% cheaper than it was during my visit. It's amazing it's not down more. International stock markets have been destroyed. Ireland fell 80% during the crash. Russia fell 79%, China fell 74%, Brazil fell 72%, India fell 71%, and Korea was down 70%. In all, 43 stock markets have suffered even greater declines than the U.S. market, and only three did better (Switzerland, Israel, and Jordan).These stupendous declines tell me we're now living in a different world. This isn't just a standard bull-market correction like the crash of 1987. This is something bigger. Like a child who touched a hot stove, investors won't make the same mistake twice. I see a return to thrift and caution all over the world. Saving trumps speculation. Prudence trumps risk. And unfortunately, with this sentiment, it's going to be a long time before emerging-market stocks embark on a new bull market. In light of all this, I'm making cash the focus of my portfolio. Let me explain... First, the crisis we're heading into will have strong deflationary forces. Deflationary means prices fall. I expect we'll see a wave of bankruptcies, defaults, forced selling, and unemployment. Cash will be the most valuable asset around. It already buys double the real estate, the stock, and the natural resources it bought six months ago. I expect cash will be even more powerful in the years to come. I want to own Swiss francs, New Zealand dollars, and U.S. dollars. I'll also be buying safe stocks that generate lots of cash. I'll look to buy a stock like McDonald's or Wal-Mart. The crisis will also have strong inflationary force, as governments furiously pump in cash to revive the economy. These inflationary pressures could generate some spectacular "ripples" in the market. In a few years, we could see the rate of inflation get much higher. END OF ARTICLE
I disagree with almost all of what this guru has to say. Cash might be powerful but not for years to come - perhaps in the next few months to come. Inflation destroys the power of cash. You cannot have too much cash and assets at the same time. Use your cash to buy good, conservative stocks or real estate (not land). Real cash (paper currency) will sooner or later be outlawed anyway. Almost all investor newsletters are the same - they drone on and on about the same things. All they want to do is sell you something.