EQX is a way to turbocharge returns in a gold bull market.The stock trades at a bargain price, well below NAV, with strong growth potential.Solid business, proven management and insider confidence.Upside target of 45-81%from higher gold price and revaluation.High volatility and other risks – not for the faint of heart. Read the full article at […]
Gold is a currency.The Gold to monetary base ratio is near all-time lows; a small shift will support big gains.The Dow to Gold ratio is close to historical peaks.A 6-15% strategic portfolio allocation to gold provides excellent diversification benefits.This is a very long-term view, not a trading opportunity.Read the full article at SeekingAlpha.
The case for emerging markets small cap value remains strong. Catalysts for the long-term market shift underway include valuations, mean reversion, a declining dollar and changing view of the pandemic effects on emerging market economies. WisdomTree Emerging Markets Small Cap Dividend ETF (DGS) remains my top pick. DGS offers equal or lower risk than the […]
In this article I share key insights and top picks and pans from seven great investors of our time. There is diversity of opinion, but some agreement on crucial investment themes. These include a long-term decline in the dollar, persistent inflation, poor long-term Treasury returns, speculative excesses, and the need for broad diversification. Finally, I […]
Summary Forecasters proclaim the market’s direction based on a variety of indicators, but their usefulness is in doubt.This article looks at six major market indicators and their track record in navigating the last seven bull/bear market cycles.The results show advisor sentiment has the best track record for short-term market calls. CAPE has utility in forecasting […]
So-called “experts” are telling us about the coming uber-bear or why the bull market will continue. Yet the data show that trying to predict the market’s direction to time buys and sells is the wrong approach to investing. Data from the last seven bear markets show that a large percentage of losses and gains happen […]
China is a world economic superpower and is overtaking the U.S. Chinese equities are attractive but have recently pulled back due to regulatory actions and profit taking. Recent weakness appears overdone while underlying fundamentals should prevail in the long term. Double-digit annual return potential and portfolio diversification outweigh reasonable risks. Read the full article at […]
There are at least ten reasons Tesla should be headed for a crash. Valuation, growth expectations, lack of profitability, competition, and lawsuits head the list. Charlie Munger can’t decide between a flea or a louse. The stock is trading on sentiment, not fundamentals. Investing in Tesla is like betting on the direction of a flock […]
Studies indicate that news about companies has an immediate effect on their stock price. Here, we consider 18 news events related to Tesla over a nearly three month period to determine what this might tell us about their explanatory powers relative to price movements. Resultant price action indicates that movements are often independent of the […]
The late John Bogle formulated a long-term market return forecast based on “Occam’s Razor.” Although Bogle had mixed results, the approach is interesting, instructive and provides a glimpse into what we might expect for the U.S. market over the coming 10 years. The model suggests Base Case, Pessimistic and Optimistic annual returns ranging from 1.0% […]