Saturday , 2 November 2024

Lorimer Wilson

Not Available to Americans: New Gold Investment Vehicle Introduced By Royal Canadian Mint

The Royal Canadian Mint has announced that it is making an initial public offering of exchange-traded receipts (ETRs) under the mint's new Canadian Gold Reserves program. Unlike other gold investment products currently available which only enable the purchaser to own a unit or share in an entity that owns the gold, the ETRs will enable the purchaser to actually own the physical gold bullion which will be held in the custody of the mint at its facilities in Ottawa, Ontario. Unfortunately, the ETRs have not, and will not, be registered under the U.S. Securities Act of 1933 and, as such, may not be offered or sold in the U.S. Words: 745

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How to Play the Lowest Natural Gas/Crude Oil Ratio on Record

One of the things we look for in the markets is anomalies or disconnects from historical tendencies that signal some element of a traditional relationship between two things is changing or has changed. Often, the relationship is eventually returned to “normal”, meaning money can be made if an investor is on the right side of the trade. Other times, the relationship has been fundamentally altered in some way, so understanding the reasons behind the shift can become a source of opportunity, since it can either provide understanding about relevant long-term trends or signal a shift in an existing one. [Such being the case let's take a look at] the ratio between natural gas and crude oil [and determine how best to play this investment opportunity.] Words: 1069

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Niall Ferguson: U.S. Playing “Russian Roulette” Assuming Interest Rates Will Remain Low (+2K Views)

Countering Krugman’s argument that today’s low interest rates show that no one is worried about lending money to us and, therefore, that we should borrow and spend our way to prosperity, Ferguson argues that today’s interest rates are irrelevant. When countries get into trouble, he says, they get into trouble quickly – the way Greece and other European countries have. Taking …

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National Debt Burden per Capita-to-Income Index at 50 Year High – and Growing! (+3K Views)

Wars and depressions largely characterize the periods of time where there have been significant run-ups in the level of the U.S. National Debt Burden per Capita [i.e. the U.S. National Debt Burden per Capita-to-income Index], with the debt taken on to support the costs of the U.S. Civil War and World War II being the most significant. Today... it is perhaps most comparable to the Great Depression. [Take a look.] Words: 326

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Don’t Delay a Day Longer! NOW is the BEST Time To Purchase Gold (+2K Views)

What's the best time to buy gold on a seasonality basis? November! Over the past 40 years (basically since gold became legal for private ownership in the U.S.) November and December accounted for almost HALF of the year's gains for gold...If this year is anything at all like the previous 40, we'll see about 44% of the year's gains in November and December. That's huge. [That being said: Don't delay a day. NOW is the BEST time to purchase some gold.] Words: 700

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Economist Paul Krugman: A Constant Reminder That U.S. has Become a 'A Truth is a Lie, and a Lie is a Truth' Society

A highly talented individual in the USA finds it ever more difficult to fight his way through to self-realization and a socially creative position. Universities, politics, and businesses ever more frequently demonstrate a united front of relatively untalented persons and even incompetent persons. The word 'overeducated' is heard more and more often. Such 'overqualified' individuals finally hide out in some foundation laboratory where they are allowed to earn the Nobel prize as long as they don’t do anything really useful. Words:

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10 Index ETFs for Building an Ideal Retirement Oriented Portfolio (+2K Views)

Constructing a portfolio for the retirement years requires one to focus on portfolio risk or uncertainty while not neglecting return. If the portfolio asset allocation plan is too conservative, the return will not meet lifestyle expectations. Inflation is again on the rise and this needs to be taken into consideration when putting together a retirement oriented portfolio. Below is a combination of index ETFs that project respectable returns while holding down portfolio volatility. Words: 455

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In Defense of Paul Krugman – Sort of

I have a great deal of respect for Paul Krugman as an economist. He has a unique talent among economists for being able to make complex economic issues both understandable and interesting for the average person. [That being said,]...I am far less impressed with his abilities as a public policy commentator. [Let me explain.] Words: 567

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