Investorstoday

Thursday, April 19, 2012

Reading Material, April 19, 2012



Spain’s Surging Bad Loans Cast New Doubts on Bank Cleanup


Spanish Banks Gorging on Sovereign Bonds Shifts Risk


Worst Yet to Come as Crisis Rescue Cash Ebbs, Deutsche Bank Says



Spain continues to burn and the fire seems to be getting worse every week.  The markets have lost faith in the ability of the Spanish government to make it through the difficult period as the austerity programs implemented are gutting the economy and inhibiting job creation. 

When combined with the problems in Greece the European markets look to be ready to undergo a very difficult summer period.

Now onto the problems in Argentina with respect to Respol YPF.  This is nothing more than an attempt to grab power by a country whose leadership has been attempting to run the economy into the ground.  Last year private economists were threatened with jail if they chose to report statistics that differed from the official government numbers.  In the last few weeks they have made a concerted effort to circumvent international law by siezing a majority stake in YPF.  Not only have they chosen to go after an international firm but chose to go after a Spanish firm. 

In my 2011 Forcast I warned about black swans eminating from Argentina, who is facing high inflation and already seized central bank reserves.  Investors in mining firms need to be aware of the risks facing firms operating in Argentina whose government is set to do whatever is necessary to remain in power.







The 2012 First Quarter Update is now available!!!
.
I am pleased to say that the 2012 Investment Forecast is available through smartwords.com, the world’s largest independent ebook distributor, by clicking here.

Smartwords distributes to Apple, Barnes & Noble, Sony, Kobo, Diesel, and others along with instructions on downloading to your Kindle meaning that this and future work will be available in multiple formats from mobi to ebook to pdf.  

The quarterly commentary is priced at $4.99. 

If you wish to place a banner ad and help distribute the 2012 Investment Forecast and future works I am offering a 25% commission on all sales.  You can find more information here: 





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