With Gold over $1000 and at all time nominal high prices many are wondering if Gold is overpriced. If we look at the inflation adjusted price of Gold we see that even at $1000 it is still only about half-way to its all time highs. For more information see Inflation Adjusted Gold Price . But […]
At $1000 is Gold Expensive? Read More »
From the end of 1999 through the end of 2009, all of the popular Wall Street market performance measurement tools were in the red. The average bloodletting level of the DJIA, the S & P 500, and the NASDAQ was a disturbing-to-some minus nineteen percent. The Media has dubbed it “The Dismal Decade”.
A Dismal Decade? No Way With Market Cycle Investing Read More »
I recently was talking to a fellow investor at a conference and I mentioned that we carried quite a few articles from Elliott Wave International on this site. The gentleman I was speaking with commented that he had the impression that Bob Precter founder of Elliott Wave International was permanently bearish and so “eventually he would be right”.
Is Prechter of Elliottwave a “PermaBear”? Read More »
Unless you have been living under a rock you have probably noticed that the government has mandated that the gasoline you are pumping into your car these days has Ethanol in it now. You have probably also heard that it is good for farmers and the environment but lets look at all those factors and
What Effect Will Ethanol and Corn Have on Inflation? Read More »
How You Can Achieve Unlimited Personal Success– By using the Secrets of Gold Medal Champions Would you like to learn the secrets of what makes a Gold Medal Champion? What drives them? How do they do it? Would knowing any of these Secrets help You on the road to success? How to build unshakable confidence
Gold Medal Secrets Read More »
Recently I received this question about I-bonds. I-bonds are inflation adjusted Treasury bonds. The amount they pay is adjusted twice a year to compensate for the effects of inflation. I am a holder of Treasury I bonds (adjusts to the CPI every May & Nov.) Last November the CPI that Treasury used was 2.8,
Why are my “I-Bonds” paying so little? Read More »
I recently received the following question from a student at Virginia Commonwealth University and I thought I would pass on what I told him. Question: This past Wednesday I talked to two guys who had both bought the Iraqi Dinar in large amounts. I figured you might have some financial thoughts on this investment and
Anyone who has spent much time on this site is familiar with Robert Prechter’s Elliott Wave. His fantastic team has been providing us with individual articles and links to some excellent information over at elliottwave.com. Their experienced analysts keep a constant eye on the markets, and provide insights into trends that are available nowhere else.
Elliott Wave Books Read More »
Editor’s Note: Just thought I’d pass along a little story (not mine). On vacation in Rome, I noticed a marble column in St. Peter’s with a golden telephone on it. As a young priest passed by, I asked who the telephone was for. The priest told me it was a direct line to Heaven, and
The old saying is that during a deflation cash is king. This is because as prices fall money becomes more valuable (i.e. it buys more). So it makes sense to hold onto it as long as possible and wait for it to increase in value. Because people hold onto their money it becomes scarce and harder to come by.
During a deflationary recession people also hold onto their money because they are uncertain about the continued supply of money (will they lose their job due to the recession, etc) so they in addition to holding money for appreciation, they are also “saving for a rainy day”.
Conversely during inflationary times money is becoming less valuable (buys less over time) so people want to get rid of it before it loses too much purchasing power and they even borrow as much as possible so they can pay it back with less valuable dollars. Keep that in mind as you read Andy Gordon’s excellent article on why bailing out the banks won’t help the economy. ~ Tim McMahon
Saving the Banks will Accomplish – Nothing Read More »
