Saturday , 2 November 2024

Lorimer Wilson

The 6 Most Important Investment Lessons Learned From Last Year (+2K Views)

If you traded and invested in 2012 and came out okay, then you are to be commended, [because] this was a tough one no matter what the index statistics say. Nerve-wracking doesn't even come close as a descriptor. [In fact,] we were Riverdancing on a frozen-over pond with steel-tipped boots and ice sharks swimming below the cracking surface just waiting for us to fall through - and those ice sharks had some kind of weird fish syphilis. Words: 1511

Read More »

The Fiscal Cliff Will Prove to Be a Dud – and More Optimistic Forecasts for 2013

'Tis the annual forecasting season. Every economist with a model is publishing detailed forecasts for the U.S. and world economies for 2013. I have no model, and my degrees are in history and law but the signs now are clearer than they have been in some time: 2013-2015 should see beneficial growth of the American economy and that will translate into good results for some companies and good returns for some stocks. [Let me explain my conclusions.] Words: 902 ; Charts: 1

Read More »

India Is Behind the Weak Price of Gold – Here's Why

Gold just can't seem to get any traction any more. The Feds announce QEternity, and gold moves down. Fiscal cliff talks fall apart, and gold still stagnates. Why is this the case? I think weak Indian demand is the culprit. [This article explains why that is the case and why that could be exacerbated in 2013.] Words: 1100

Read More »

The Markets & Politicians Got It Right: The Fiscal "Cliff" Is/Was Nothing to Panic About

Why are Congress and the White House not panicked about the looming fiscal "cliff"? Why has the Dow pulled back only 2% rather than plunging 2,000 points as time to forge an agreement by year-end has foolishly dwindled down to just a couple of days, and odds of it happening have become remote? Probably because the markets and politicians are aware that the economy is not going to suddenly plunge over a cliff into an abyss on January 2 if an agreement has not been reached by then. [Let me explain just what it does mean, though.] Words: 785

Read More »

New Consumer Earnings & Spending Data Show U.S. & E.U. Citizens Living Way Beyond Their Means

The west is living far beyond its means and is struggling with pitifully anemic growth. This is a long-term trend, and one that is only going to accelerate. Nevertheless, as obvious as the indicators may be, few people will actually do anything about it. A lifetime of propaganda will plant many heads in the sand, ignoring the dangers and opportunities all around. [Let's take a close look at just what these indicators are.] Words: 311

Read More »