Interesting Links

[adam ali]

Yes, the question comes down to one of self-interest, doesn't it? I believe it's in Germany's self-interest to see the EU succeed rather than disintegrate with all the attendant social and economic chaos, not just to other countries but itself as well. They understand that, and now are starting to recognize for that to happen the continent will need to embark on a serious plan for growth, rather than the austerity path taken to date. That's the seismic shift here...if the Der Spiegel article is to be believed. If true, I believe it spells the end of the global secular bull market in bonds.

[ilonaross]

http://www.nytimes.com/2013/06/02/bu...=business&_r=0

[lulzasaur]

Thought this was interesting read:

http://www.sprott.com/markets-at-a-g...lish-for-gold/

[Pascal]

Thought this was interesting read:

http://www.sprott.com/markets-at-a-g...lish-for-gold/

Thank you for posting.
This is an interesting point of view that I am happy to know.


Pascal

PS: I like Sprott, but they are always positive on gold. It might be that their business is to sell PM ETFs.

[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...