Friday , 1 November 2024

Lorimer Wilson

Don’t Be Misled: 15 Fatal Financial Fallacies Worth Noting (+2K Views)

Much of the conventional economic wisdom prevailing in financial circles - largely subscribed to as a basis for governmental policy, and widely accepted by the media and the public - is based on incomplete analysis, contra-factual assumptions, and false analogy. Below are 15 such fallacies and explanations as to why each is such.

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U.S. Fixation On Gold Unlikely to End Any Time Soon

While it is true that there have been some hiccups along the way, such as Roosevelt’s confiscation of gold in 1933, it is unlikely that America’s fixation on gold will end any time soon. Below are the facts regarding the history of gold in the USA.

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This Post On Interest Rates Is Too Important To Ignore – So Don’t!

Most of the hundreds of financial articles posted every week are just "financial entertainment" - unfounded forecasts, fear mongering or cheer-leading. That being said, there are a number of articles that are absolutely MUST READS if you want to become an informed investor and be in position to understand what is evolving in the financial environment and be in a position act accordingly. Here they are.

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Gold Price Dependent on Extent of Money Supply NOT Direction of US Dollar Index – Here’s Why (+2K Views)

...When the USD starts to rise many assume that this is negative for paper gold ETFs such as GLD as well as physical gold. I'm sure you have heard it before, if the USD goes up then gold goes down, and vice versa...but, in reality, this "rule of thumb" isn't the case and, in actuality, it would be impossible for the USD and gold to trade inversely with each other. Let me explain.

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Your Degree of Happiness Depends On Where You Live In the U.S. – Take a Look

Recent research has determined that there are significant degrees of happiness among Americans depending on what cities and regions of the country they live in and that, in particular, those living in cities with declining populations were exceptionally sad.. This post provides a make-up of the research and a map of the U.S. illustrating the various degrees of happiness - or unhappiness - by area.

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Take Note: A Bubble Isn’t Necessary To Have A Sharp Decline In Stocks

With valuations stretched, investors seem to be justifying their stock purchases here with the argument that we have yet to reach the mania of 1999-2000 but history has shown us that there doesn't have to be a bubble for there to be a sharp decline in stocks. As we saw in 2007, it doesn't mean there is no risk of a significant market decline or that valuations are compelling and that investors should be expecting above average long-term returns from here. They should not.

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