No one can predict what's around the corner, but unlike listed...

No one can predict what's around the corner, but unlike listed companies, which have a P/E, annual reports and profit/losses, gold has a big fat zero, even a cow or a sheep has a return and a comparable price.

Trump's a loose cannon, the Fed won't take any notice of that motor mouth, there's more rate rises on the horizon.

The GFC affected a lot of speculators, but not those that had little debt. I thought the GFC would affect the aviation business which I was in at the time, but it didn't miss a beat.

If Trump mouths off about the USD, then stocks will continue their relentless climb upwards. Remember all those gold and silver vultures like Schiff and Rickards, predicting a massive economic and financial crisis, every few months. But it hasn't happened, nor will it. They ought to be thoroughly ashamed of themselves, but they're not.
There's a gold conference soon in Perth, waste your money and listen to Jeff Berwick. Note the date.

Jeff Berwick, The Dollar Vigilante: The End Of The Monetary System As We Know It


POSTED ON NOVEMBER 20, 2013 BY GLENN

Maybe tomorrow we'll see a new all time high in the S+P.