Search
Subscribe to this blog
That's an RSS feed. Just click on it to receive content updates.
Links
Categories
©2008 Weiss Group, Inc.
That's an RSS feed. Just click on it to receive content updates.
Posted by: Larry on Friday, May 9, 2008
Good question Chris. But in a strong bull market like we have now, the gold would be bought up quickly by investors, and the bull would remain intact. Keep in mind that between 1978 and 1980, the US sold tons of gold, and yet gold soared to a record high. Investors are smarter than government officals bascially. And the record is replete with official institutions selling gold at what turns out to be a low or pullback in the market!
Posted by: Chris Mang on Friday, May 9, 2008
Larry , just one Question RE: gold what if the U.S, Gov't starts selling gold in massive quantities wouldn't that bring golds price down exponencially or are they going to wait till the price gets to $2000 or above which would make more sense then they could deplete fort knox and end up with more worthless paper money.But honestly I think this is our Gov'ts way of minipulating us into a one world currency thereby reducing our debt or spreading it out among the world.
Posted by: Larry on Thursday, June 12, 2008
It will cause increased volatility, and sharp pullbacks. But it won’t change the major trends. Longer-term, it will exaggerate them. As government gets more involved in regulating markets and speculators, investors tend to flock even more to anti-government investments, such as gold, oil and other tangible assets.
Posted by: Derek Sloan on Thursday, June 12, 2008
Larry, I'm also a resource bull - but - with the price of oil rising at a rate faster than a lot of mined minerals - I'm thinking of selling my mining stocks because the speedier rise in oil will hurt their exploration costs more than, say the rise in Nickel, or gold will offset them. What are your thoughts? All those mining implements run on petrol... And, good time for Oil futures perhaps?
Posted by: Gordon on Thursday, June 12, 2008
Larry, I guess you already came across to the following article, issued on 11th of June with the title: "Forced Commodity liquidations coming?" You can find the article under http://www.financialsense.com/fsu/editorials/laird/2008/0611.html If you google the title of this article, you can find it on a dozens of other website. What is your opinion on this?
Posted by: Jim on Friday, June 20, 2008
Larry, thanks first of all for all your extremely useful - and visionary- articles. I have one topic that I would kindly ask you to address in one of future articles: REAL ESTATE.. We know that real estate - along with gold - are the best inflation hedges. What is your view in today's circmstances and given the $ devaluation?
Posted by: Larry on Friday, June 20, 2008
Real estate is soon going to be a fantastic buy, and already is in some locales. But caution is still advised.
Posted by: Derek Sloan on Wednesday, June 25, 2008
Hi Larry, Just wondering again about mining stocks - will the rise in Oil hurt them - as mining involves so much oil products?
Posted by: Larry on Thursday, June 26, 2008
No doubt rising energy costs contribute to higher operating costs at mines. But, with gold typically rising along with higher oil prices, the effect is minimal. -- Larry
Posted by: Daniel on Tuesday, July 1, 2008
Hi Larry, I have read the two articles you wrote in April and May about buying China's stock. The Asian stock markets highly depend on the DJI. Do you think the falling of the US stock market will have a 'huge' impact on the China and HK stock markets? I am interested in buying some international stocks (particularly China stocks), I know you have mentioned a few blue chips in your April article. Do you think it is a good time to invest at this current price or I should wait till the HSI drops a little more? Also, how can one invest in the international stock markets? Do one need to setup a special account?
Posted by: Larry on Tuesday, July 1, 2008
The Asian markets are not highly dependent on the Dow. Only in the very short-term moves. Anytime you can buy stock market dips in an economy like China’s, growing at 10%, you should. Long-term, almost all the Asian economies and stock markets will show much better returns that the U.S. The best methods are via mutual funds, and Exchange Traded Funds. For China, my favorite is the iShares FTSE/Xinhua China 25 Index (FXI). (http://finance.google.com/finance?client=ob&q=NYSE:FXI)
Posted by: MONIQUE BAUGUS on Saturday, July 5, 2008
hi i JUST BECAME A MEMBER OF YOUR paid service. I am looking forward to it. I emailed you there, too. I have lost everything in this market; bad timing, nerves, etc. I am trying to get into the mission work; however, i have lost everything almost. I am putting my last money on some gold stocks hoping to double, then triple, etc. the money. I am relying on your advice. Do you think it is time NOW to buy gold/silver. I looked at one year chart, and it seems to be rolling over. Maybe back to 88 support? Also, I got your gold newsletter that came with the special report packet...I knew about those. I have six months to hold a stock..I lack patience..Get scared. WE are going to BIBLE school, divinity , currently at Liberty University, and as soon as we are out, we are gone! We are called in these final days to serve GOD. However, I have med. needs, and I need cash since we won't have insurance. I need your reassurance on your gold call. Please help! PRAISE GOD.
Posted by: Larry on Monday, July 7, 2008
"Hope" has no role in investing. Having said that, all of my research confirms that gold remains in a long-term bull market. So if you can invest in gold with a view of holding it for the next few years and longer, I believe you will do very well. Investing in gold or any other asset for short-term gains is far more speculative.
Posted by: Larry on Thursday, July 17, 2008
Not true. Treasury-only money markets are the safest place to be for the majority of your cash. I agree 100% with Martin. But for investable cash, you want to be in inflation hedges -- tangible assets and contra-dollar investments, such as strong foreign currencies and of course, gold!
Posted by: Robert on Thursday, July 17, 2008
Larry, Martin Weiss in his news letter advocates moving cash to mutual funds investing primarily in short term US treasuries as a more secure position than the falling stock market. However, you warn against this as a very bad decision. As a relatively new investor, is this a mixed message, or am I overlooking something. Thanks for all your input.
Posted by: Frederick E. Juliano on Thursday, July 17, 2008
Something about the gold and silver trusts bother me and have caused me to lighten up on them. I sold all of my Gld & Iau and most of my Slv and have substitued Gdx. (To your credit, you have recently included Gdx in your recommendations.) After buying the silver and gold trusts, I read through the goobbledygook in the prospectus and was satisfied that they backed up all of their shares with the physical commodity. But since the stock exchange allows short selling, and since the short interest has been increasing markedly, I don't think that condition really exists anymore. For an example, a person buys the trust, Barklay then buys the commodity. Fine so far, but then another naked short seller borrows a share of the trust, and sells it again to another individual who buys thinking he has rights to an existing amount of silver or gold. Taking this to the extreme, we can potentially have a condition where we have a zillion longs with only a fraction of the underlying commodity bought by the trust. The longs pay upfront the total price for each share but the shorts need only put up a fraction of the underlying value of each share. This bothers me no end and would like to hear your take on this. (This is completely different from the commodity exchanges where both the longs and shorts only put up a fraction of the value of the contract and neither need to deliver or take possession of the physical commodity unless they hold the contract past the expiration date of the contract.)
Posted by: Larry on Friday, July 18, 2008
In theory, you are correct. But these trusts are not willing lenders to short sellers. Plus, the trusts are insured and underwritten by healthy firms. In my opinion, the benefits and rewards of investing in these trusts outweigh the very remote risk you are referring to.