Thursday, October 21, 2021

This could be the beginning of a slow bear market

 

Two big topics. Let’s first of all talk about the fact that bear markets are a process. It takes a while… for a bull market, and it's been a wonderful bull market… I hope the bull market shall continue, but I have my doubts because I fear that the process is taking place. We saw the high end in the Russell take place earlier this spring. We've seen highs take place in the more narrowly defined indices the Dow, the S&P, the Nasdaq taking place over the course of the last month and a half or two. 

Monday, November 16, 2020

Thursday, August 20, 2020

If Stock Prices tumble you could see Gold prices Decline

I couldn’t get too many people interested in gold…two and three years ago but now it’s on the front pages of every report that you see. At this point in gold I’m neutral.

For the past several months they’ve been moving in conventional with each other … as gold goes up so have stocks … that consistency between the two shall continue for a lot longer … so if stocks start to tumble you’ll get a correlative sell-off in the gold market.


 

via Bloomberg