Sunday , 24 November 2024

Lorimer Wilson

Goldman Sachs' Thoughts, Outlooks, Strategies & Picks for 2013

Goldman Sachs has been out with a number of reports in recent weeks highlighting their positioning for 2013. While it's important to keep in mind that these kinds of reports are no holy grail... it is always good for brain storming and, after all, it's not like Goldman Sachs is a bunch of dummies.

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U.S. On Unsustainable Path That Guarantees Eventual Catastrophic Financial Melt-down – Get Prepared (3K Views)

Although our supposed leaders are presumably highly intelligent, educated, and knowledgeable, they act largely “brain-dead” as they lead the United States down an unsustainable path that guarantees eventual catastrophic financial destruction. Do you own enough gold and silver that you would feel safe in a such a financial melt-down? If not, why not? Words: 817

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Coming Derivatives Crisis Will Cause Panic in Financial Markets With Horrific Consequences – Here’s Why (+2K Views)

Wall Street has been transformed into a gigantic casino where people are betting on just about anything that you can imagine. This works fine as long as there are not any wild swings in the economy and risk is managed with strict discipline but, as we have seen, there have been times when derivatives have caused massive problems in recent years - the government bailout because of derivatives at AIG; the failure of MF Global because of bad derivatives trades; and the 6 billion dollar loss that JPMorgan Chase recently suffered because of derivatives - [but the next] derivatives panic that comes will destroy global financial markets, and the economic fallout from the financial crash that will happen as a result will be absolutely horrific. [Let me explain my contention.] Words: 1485

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Drop Over & Read These 10 Insightful Articles on the "Fiscal Cliff"

So much continues to be written on the so-called "fiscal cliff" that someone had to sift through the 100s of such articles and find those worth one's time to read. I have done just that and provide below links to 10 of the best such articles each of which been edited for the sake of clarity and brevity to ensure you a fast and easy read. Enjoy!

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A Rise in Interest Rates Would Derail An Economic Recovery – Yes or No?

[While]... I am not currently predicting an acceleration in inflation [I believe]...that the risk of interest rate instability is very real [given that] core inflation is already above a key benchmark that the Fed has staked its credibility on,. It should be of concern to investors that, despite economic growth being so anemic and overall resource utilization being so low (including human resources), there is currently very little margin for error on the inflation front. [In this article the author evaluates the danger that rising interest rates could potentially have on the U.S. economy.] Words: 2050

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Buy & Hold Commodity Assets (Particularly Gold & Silver) Starting Today: BIG Profits are Coming – Here’s Why (+2K Views)

Savers will not stand idly by and watch their savings get wiped out by taxes and inflation....[which] is good news for investors who buy and hold commodity assets today – and it’s also a stark reminder to not be fooled by the short-term head fakes that might make it look like the commodity bull is over. Stay the course – the biggest profits are yet to come. [Here's why.] Words: 405

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Why Is the Price of Gold So Very Weak? Here's Why

As I see it, worsening financial crises lead initially to lower gold prices which are followed by some form of government intervention to alleviate the crises and that action, in turn, eventually results in renewed appreciation in the price of gold. The basic steps in such a transition are really quite straightforward. (Words: 477; Charts: 2)

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