Tuesday, January 30, 2018

Bitcoin is nonsense. Please avoid it. It will end in tears.

Dennis Gartman thinks Blockchain will be useful but is pessimistic on Bitcoin. 

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Monday, January 29, 2018

Bonds entering multidecade bear market

Are we headed into a long term Bond bear market ? 

"I do think we've ended the 35-year bull market, and people don't want to recognize the fact that the bear market began almost 16 or 17 months ago, in June 2016, when bond futures made their high and bond yields made their low. 

Bond futures prices continue to make lower lows and lower highs since early summer 2016. We’ve entered into what's going to be a protracted decade- or multidecade-long bear market in bonds. 

Even if you feel you've missed the first year and a half, it's still early. Bond yields are going to go higher for years into the future. But during these first years of rising rates, they’ll rise at a very slow pace."

via etf.com

Wednesday, January 24, 2018

Gartman predicts a slow Gold bull market

Gartman makes the case for a bull market in Gold
"It’s important to understand that inflation is beginning to show up in the commodity markets in general. We’ve begun a multiyear rise in commodity prices. That probably means we're going to see a multiyear rise in gold values. But just like I told you that bond yields are going to rise rather slowly during the next few years, so too will commodity prices rise rather slowly in these first years of a new bull market. It'll be a long time before we see things move parabolically higher."

via etf.com

Monday, January 22, 2018

Less regulations and cutting taxes are going to help the stock market

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Summary of topics discussed
- Consumer sentiment is very strong

- You have strength in US, Europe, Africa, Asia. The synchronicity is really clearly impressive. 

- Tax cuts are a benefit. We are cutting regulations and taxes. Even countries like France are cutting regulations.

- Earnings are going to be expansionary next year.

- Lets hope we dont have a trade war. China has no choice but to support North Korea. 

- Stock markets are melting up and likely to continue higher.

Thursday, January 18, 2018

Markets may continue to rally

"Price to earnings multiples are extremely exaggerated. Price to value multiples are extremely exaggerated. The psychology is extremely exaggerated. I have found the market to be overbought for a long period of time."

"Let’s be quite honest, it has been a bull market, it continues to be a bull market and… it will continue to be a bull market until it stops. It is not unusual to see interest rates rise and stock prices to go higher and we are in that environment. The economy is doing well and that’s going to drive interest rates higher for the next several years, I think, and we may very well see stock prices continue."

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Wednesday, January 17, 2018

Bitcoin will end badly | Commodities cheap compared to Equities

"We now begun a bull market in commodities. Gold is probably going to do well. On balance you want to be a buyer of Commodities." 

"NAFTA has been a creator of jobs in Canada, in Mexico and in the United States. Mexico and Canada are our two largest trading partners. To turn our backs upon them would be I think a very, very bad decision."

via CNBC

Tuesday, January 2, 2018

Gartman 2018 predictions for Gold, bitcoin, Platinum, Crude Oil, Grains, Wheat

"If I had to bet on only one commodity for 2018, it would be on Wheat"

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