March 11th, 2011 by Rich
by Max Gunther
http://www.sharelynx.com/papers/TheZurichAxioms.php
Major Axiom 1 :- On Risk
Worry is not a sickness but a sign of health. If you are not worried, you are not risking enough.
Put your money at risk. Don’t be afraid to get hurt a little. The degree of risk you will usually be dealing with is not hair-raisingly high. By being [...]
November 10th, 2010 by Rich
Margin Calls are Bearish for all Markets except Cash
(We are very careful where we keep our cash)
Aloha All
Today we twittered this headline.
This is why:
Shakespeare’s Polonious told his son Laertes in Hamlet Act I:
Neither a borrower nor lender be.
http://www.enotes.com/shakespeare-quotes/neither-borrower-nor-lender/print
Successful international fund manager Sir John Templeton observed in the Thirties and Forties: assets corrected the [...]
September 22nd, 2010 by Rich
And Buying the Dollar above 70.70…
Special Interim Alert by Rich Cash
Today headlines and screamers ranted about gold going from $1300 to $130,000, and the Dollar going to zero.
http://stockcharts.com/charts/gallery.html?%24gold
http://stockcharts.com/charts/gallery.html?s=%24usd
We think not.
We looked at the price of dollars in gold and saw a double bottom.
http://stockcharts.com/charts/gallery.html?s=%24usd%3A%24gold
We don’t know exactly where the Dollar and Gold will turn around and [...]
May 3rd, 2010 by Rich
Buying Quality on Bad News
[This is a corrected enhanced enlarged revision of our first BP post on Monday 3 May 2010 when BP traded at a low of 47.35.]
Every now and then our beneficent universe hands us a splendid opportunity to make lemonade out of lemons, to find the silver lining of the dark [...]
April 11th, 2010 by Rich
The mass media did a real disservice reporting modest declines in new unemployment claims as Corporate Government Progress and reason to jump in after a 70% romp in the Dow.
http://stockcharts.com/charts/gallery.html?s=%24indu
Maybe the lack of real media growth got to their heads?
They lost a little on each broadcast, but made up for it with volume?
http://www.cnbc.com/id/15840232?video=1463714869&play=1 5:29
We [...]
April 9th, 2010 by Rich
This one’s for you, Bob.
Only met Bob Prechter once briefly at a San Francisco Seminar. Knew his work after 1975, when he joined All American Bob Farrell at Merrill’s top rated technical analysis department. Subscribed to his Mensa quality well-writ Georgia letters after he graduated from Merrill.
We both graduated the same year from college in [...]
February 22nd, 2010 by Rich
Whether we like it or not, we are always in one market or another, whether it is cash, credit, food, homes, paper or things. As we have learned of late, markets do not move in a straight line, nor do they guarantee returns.
The late great international mutual fund manager Sir John Templeton, who survived and [...]
February 7th, 2010 by Rich
So few times do we really at first appreciate the power of an idea whose time has come.
Most prophets were ignored in their place and time.
Former Alaskan Governor Sarah Palin gave a Nashville Tea Party speech that can best be described as a turning point in National Politics and Economy.
Last night Mrs Palin went from [...]
January 8th, 2010 by Rich
Every generation needs a new revolution.
Thomas Jefferson, Author of the Declaration of Independence and Framer of the US Constitution.
http://en.wikipedia.org/wiki/Thomas_Jefferson
Most people hate politicians and politics.
January 3rd, 2010 by Rich
Aloha All, with multiple blessings for happy, healthy, joyful prosperity in the New Year and onward.
For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
1 Timothy 6:10 (King James Version)