Interesting Links

[Pascal]

This is a very interesting article about gold.
This article does not say that gold will go lower or higher. It says that it is in the interest of those who control the money that gold stays low and it is also a matter of market structure why gold pulled down.

I have long believed that physical gold is an insurance policy against the possibility that the system breaks or against the possibility that it does not break but indefinite taxes increase to pay for Government spending (that will be used to pay the mounting debts.) Physical gold is "out of the system" but becomes by definition highly illiquid.

http://fr.scribd.com/doc/144050211/G...nt-David-Evans

On the other hand, trading the markets offer the great advantage of analyzing and understanding where things are going.




Pascal

[adam ali]

To my point last week about Germany, austerity and the end of the secular bull market in bonds:

http://www.businessinsider.com/byron...-europe-2013-6

[lulzasaur]

Been reading everything I can about gold. Thought this link was interesting. The author's premise is certainly interesting.

http://seekingalpha.com/article/1514...nd-get-to-gold

[adam ali]

Michael is the PM/CIO of the Mainstay Marketfield Fund which has been an excellent performer since inception in 2007. He is well known to old stock hands as one of the three co-partners of the famed Comstock Fund (along with Stan Salvigsen and Charles Minter; these days the Comstock Fund is managed solely by Minter).

Michael is a brilliant thinker and a true contrarian. His latest monthly commentary is well worth a close read: http://www.nylinvestments.com/MainSt...rketfield-Fund

[1bullseye]

In December De Mark called for a 48% gain for the China market. I havent heard anything from him since and China has sunk like a rock.

[adam ali]

Check Bloomberg website today...

[adam ali]

http://www.marketwatch.com/story/sel...ist=beforebell

[Pascal]

http://www.mining.com/web/james-rick...gold-you-have/

I found the this article interesting, because it says in a few words that:

- One major trend is in rising Americans on food stamps, rising number of Americans either unemployed or underemployed, rising number of Americans on disability.
- The Fed is manufacturing a new stock market bubble on the base of a false business cycle economic model without any impact on the structural problems
- Emerging markets that produce commodities (Brazil) will be the next victim of the Fed manipulation.



Pascal

[ilonaross]

https://class.coursera.org/renminbi-001/class/index

Coursera is also offering the above class, via a Chinese university, and the titles of the first set of lectures echo precisely what Rickards asserts, e.g. the need for a "multipolar" currency system, currency reform, SDRs.

[ilonaross]

http://online.wsj.com/news/articles/...39831640276094