I was reading a post by Martin Armstrong called… Gold and the Changing Fundamentals …and in it he published a question from an email sent by a reader: “Mr. Armstrong; You are obviously the person worth listening to when it comes to gold. Every fundamental these people have argued to support gold has proven completely false. Confusion in gold is really very high. You have … Continue reading What Gold Is Not
See Kevin Muir‘s… Emerging Market Contagion I am far from a currency expert and so reading this article helped put some definition to the hazy thoughts I’ve had about EM and USD’s effects on them. When the US got themselves into problems in 2008, they flooded the world with liquidity. Instead of saying “no thanks – we have seen this movie before”, emerging markets gulped … Continue reading Macro Tourist w/ a Nice Write Up About EM & USD
Here is my most boring holding, finally moving after proving that Amazon has not quite yet taken over the whole world. Not bad for an old brick ‘n mortar box store catering to the everyman who does not shop at Whole Foods. I have had an erratic earnings season with some big winners and a few clunkers. Positive on balance as far as non-gold stocks … Continue reading Walmart: “The news of our death by Amazon has been greatly exaggerated”
The theme has been that the trade war food fight (TWFF) in the macro cafeteria had periodically interrupted the S&P 500’s drive to test its top, which it finally did last week. These interruptions were like little micro bursts of sentiment input that would spook the market for a whole day or two, resetting sentiment for the next grind upward toward the test. So now, … Continue reading “Trade Talk Hopes”
