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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (67112)10/12/2010 11:17:34 AM
From: elmatador  Respond to of 219920
 
Hutchinson is salivating for the valuation that went to EM goes to Gold!!

But do not tell Chas and Carranza!

If you have any doubts at all about Martin Hutchinson's market call to buy platinum, consider this true story. And keep in mind that gold futures yesterday (Wednesday) settled at their 14th record high in less than a month, thanks to a weaker dollar and the kind of currency "debasement" that will only be exacerbated by a "QE2" move on the part of the U.S. Federal Reserve. Gold finished trading yesterday at $1,347.70.

Three years ago - late October 2007, to be exact - Hutchinson told Money Morning readers to buy gold. At the time, it was trading at less than $770 an ounce. Gold zoomed up to $1,000 an ounce - creating a nice little profit for readers who heeded the columnist's advice.

But Hutchinson wasn't done.

Just a few months later - it's now April 2008 - with gold having dropped back to the $900 level, he reiterated his call. Those who already owned gold should hold on, or buy more, he said. And those who failed to listen to him the first time around should take this opportunity to remedy their oversight, he urged.

We know where gold is trading at today. Those who listened the first time have a 75% return. Even the latecomers have a 50% gain.

More recently, he's urged investors to buy platinum and (as today's essay reiterates) to take a serious look at emerging-market stocks. This documented story about Hutchinson's market calls on gold should give these more-recent predictions a lot of credibility.

But perhaps you don't want just "one" recommendation. Indeed, smart investors will want an ongoing access to Hutchinson's expertise. If that's the case, then The Merchant Banker Alert, Hutchinson's private advisory service, is worth your consideration.

moneymorning.com



To: TobagoJack who wrote (67112)10/12/2010 12:10:51 PM
From: carranza21 Recommendation  Respond to of 219920
 
Time to ultrashort banks again? Reggie Middleton suggests that it might be big. I am increasingly impressed with his research though his style is a bit chaotic.

zerohedge.com



To: TobagoJack who wrote (67112)10/13/2010 10:24:22 AM
From: St. John Smythe1 Recommendation  Respond to of 219920
 
-- Typically, millionaires pay about $16 (including tip) for a haircut.

-- Nearly four in 10 millionaires buy wine that costs about $10.

-- In the United States, there are nearly three times as many millionaires living in homes with a market value of less than $300,000 than there are living in homes valued at $1 million or more.

-- Forget the Manolo Blahnik high-priced shoes. The No. 1 shoe brand worn by millionaire women is Nine West. Their favorite clothing store is Ann Taylor.


Seems the wealthy don't spend money they have, while the rest of us spend money we don't have. {:^)

PS Planning to supplement gold investments with gold digging at Nine West and Ann Taylor.