Investorstoday

Monday, October 24, 2011

Reading Material October 24, 2011 (Americas Edition)

Here are some more thoughts.



If this happens watch for an explosion in gold and silver. 

While it is possible that we make new highs in the stock market if the Fed decides to go ahead with QE3 but those would be in nominal terms not real terms.  In that case gold and silver make more compelling plays than the broader stock market. 

Let’s not forget that YTD the Dow is up on around 2% for the year while gold is up more than 15% and silver around 1.6%. 



Is Bank of America preparing for a Chapter 11?


Quite interesting, over the last few weeks stories are appearing about customers being unable to close accounts at local branches. 

Economists Quake as Argentina Votes



This is very important.  The Argentine economy is suffering from high inflation and the government has gone so far as to threaten private economists for reporting the true rate of inflation.

U.S. rating likely to be downgraded again: Merrill


Interesting research report put out on bad report Friday.  The clock is ticking on a real deficit deal in the US and as we get closer to the deadline of November 23rd the risk of a deal not being done will grow.





Nothing to see here unless 183% and 77% bond yields interest you.

The positive fluff articles I read on Sunday night the more bearish I become.




Disclaimer
Communications are intended solely for informational purposes. Statements made should not be construed as an endorsement, either expressed or implied. This article and the author is not responsible for typographic errors or other inaccuracies in the content. This article may not be reproduced without credit or permission from the author. We believe the information contained herein to be accurate and reliable. However, errors may occasionally occur. Therefore, all information and materials are provided “AS IS” without any warranty of any kind. Past results are not indicative of future results.
PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS. THERE IS RISK OF LOSS AS WELL AS THE OPPORTUNITY FOR GAIN WHEN INVESTING IN THE STOCK, BOND, AND DERIVATIVE MARKETS. WHEN CONSIDERING ANY TYPE OF INVESTMENT, INCLUDING HEDGE FUNDS, YOU SHOULD CONSIDER VARIOUS RISKS INCLUDING THE FACT THAT SOME PRODUCTS: OFTEN ENGAGE IN LEVERAGING AND OTHER SPECULATIVE INVESTMENT PRACTICES THAT MAY INCREASE THE RISK OF INVESTMENT LOSS, CAN BE ILLIQUID, ARE NOT REQUIRED TO PROVIDE PERIODIC PRICING OR VALUATION INFORMATION TO INVESTORS, MAY INVOLVE COMPLEX TAX STRUCTURES AND DELAYS IN DISTRIBUTING IMPORTANT TAX INFORMATION, ARE NOT SUBJECT TO THE SAME REGULATORY REQUIREMENTS AS MUTUAL FUNDS, OFTEN CHARGE HIGH FEES, AND IN MANY CASES THE UNDERLYING INVESTMENTS ARE NOT TRANSPARENT AND ARE KNOWN ONLY TO THE INVESTMENT MANAGER.
Before making any type of investment, one should consult with an investment professional to consider whether the investment is appropriate for the individuals risk profile. This is not intended to be investment advice or a solicitation to purchase any of the securities listed here. I will not be held liable or responsible for any losses or damages, monetary or otherwise that result from the content of this article.



No comments:

Post a Comment