Sunday , 24 November 2024

Lorimer Wilson

Can Such a High Price for Gold Be Justified? (+2K Views)

Gold's value should depend on the economic and political situation of the time. Right now there are fears of hyperinflation, collapse of the eurozone and even a collapse of the entire financial system. Gold should be worth more than its historical average, but how much more? Words: 3063

Read More »

We Can Now Rule Out Another Housing Collapse, Can't We?

According to both the Case Shiller and RadarLogic indices housing prices have been essentially flat for the past 2 years after having fallen by a third from their 2006/7 highs. [That being said, surely we can now rule out another collapse, can't we? Words: 764

Read More »

Roubini, Schiff, Rosenberg and Whitney Agree: Another Recession Is At Hand! Here’s Why (+2K Views)

Michael Spence, professor at New York University’s Stern School of Business and winner of the 2001 Nobel Prize in economics, believes there's "probably a 50%" chance of the global economy slipping into recession. Nouriel Roubini disagrees and says flatly that a recession is coming and that it is a mission impossible now to stop it. The Philadelphia Federal Reserve Bank places the odds at 85% of a recession. David Rosenberg, another very savvy economist, says that by 2012, the chance of a second recession is 99%. Peter Schiff, who with Roubini, correctly and accurately predicted the collapse on Wall Street and ensuing recession, thinks one is 100% certain. [Let's take a look at why they hold such views.] Words: 829

Read More »

What to Watch For When Considering Companies to Invest In

Investing in the stock market is hard enough. The last thing you need is to find yourself owning a company that has questionable accounting, disclosure or other policies. [Below is] a review of 5 things you should watch out for when investigating companies for a stock investment. Words: 740

Read More »

The Five "M’s” for Picking Gold Mining Stocks (+3K Views)

With gold miners, in general, so attractively valued relative to the gold bullion price, the question becomes which stocks are the most compelling and have the best leverage to robust precious metals prices...In order to find the diamonds in the rough, I use what I call “The Five M’s” for mining stocks... Market cap, Management, Money, Minerals and Mine life cycle. [Let me explain each .] Words: 1146

Read More »

Which Investments Are the Best Safe Havens In A Financial Crisis? (+3K Views)

As investors look for safe havens in a potential market panic, I am reminded of the adage, "In the land of the blind, the one-eyed man is king." Today, I see several metaphorical one-eyed men in this land of the blind that could serve as safe havens were there to be a market panic. All of them have significant flaws. In this post I would like to discuss them one by one. Words: 780

Read More »

Higher Lumber Costs Today = Higher Housing Costs Tomorrow = Higher Inflation in 2012/13

Housing makes up 42% of the Consumer Price Index (CPI) with the rest of it - food, energy, clothing, recreation, education, transportation, toys, cosmetics, etc. - making up the other 58%. [The current] softness of housing prices is artificially suppressing the growth of the CPI inflation rate [but with the coming increase in lumber costs that is about to change. Let me explain] Words: 772

Read More »