#GLD Global Learning
Explore tagged Tumblr posts
ailtrahq · 1 year ago
Text
The founder of SkyBridge Capital, Anthony Scaramucci, is known for many things, including his entrepreneurial endeavors, investment acumen, and a brief stint at the White House.In recent years, investors have come to learn that Scaramucci is a big believer in the future of digital assets, specifically Bitcoin BTC/USD.Investing in Bitcoin: Leading cryptocurrency Bitcoin could be a hedge against higher inflation and a national debt that has to be monetized, Scaramucci told Benzinga.“I think those things will have value over time,” he said of Bitcoin and digital assets during a recent appearance on “The Raz Report.”Scaramucci said, unlike other assets, you can’t inflate away the value of Bitcoin given its fixed supply. The investor said Bitcoin might be the only asset on the planet with higher demand that can’t have the supply increased.“ [If] you have higher demand for gold, we’ll build more mines. Bitcoin has a finite supply.”Scaramucci told Benzinga that he has a couple of hundred million dollars invested in the cryptocurrency space, including holding Bitcoin on the SkyBridge and his own personal balance sheet.The investor also partnered with FirstTrust to launch the FirstTrust SkyBridge Crypto Industry and Digital Economy ETF CRPT in 2021.The ETF “has publicly traded companies that are linked to digital assets,” Scaramucci said.A look at the top holdings shows the following five companies:MicroStrategy Inc MSTR: 23.9%Coinbase Global COIN: 21.2%Riot Platforms RIOT: 9.2%Marathon Digital Holdings MARA: 8.4%Galaxy Digital Holdings BRPHF: 7.4%What’s Next: Like other Bitcoin investors, Scaramucci is optimistic about the cryptocurrency's potential price surge, a sentiment that could be bolstered by future Bitcoin ETFs.Scaramucci said that nobody knows where the price of Bitcoin is heading, but a look at SPDR Gold Trust GLD ETF could illustrate what inflows into Bitcoin ETFs could do. Scaramucci highlighted that when investments poured into the gold ETF, gold's price rose. He suggests that as financial institutions venture into Bitcoin through ETFs, a similar trend might occur.If Bitcoin ETFs do $100 billion in allocation to Bitcoin, the price of the cryptocurrency could go to $150,000 or $250,000, Scaramucci added.“I believe it could.”Scaramucci mentioned many stocks that have gone up by 10x or more in the past and added that Bitcoin going to $150,000 to $250,000 is only a five to eight-bagger. “If I’m right, we could be sitting at $150k, $250k Bitcoin.”[embed]https://www.youtube.com/watch?v=UMVOztntwIU[/embed]
0 notes
lisa-camp-uscfida · 6 years ago
Text
Postcolonialism & Sociolinguistics
So this post is a long time coming, but there’s been a flurry of activity over the past week, and a lot of the topics from class have required a lot of reflection. I mentioned colonialism and neocolonialism last post, so this post I’ll focus on post-colonialism as a concept, as the sociolinguistic topics I was interested in when I applied to the FIDA for Ghana derive directly from post-colonialist issues.
Postcolonialism denotes both a political and cultural condition of a former colony (like Ghana and most other African nations) and a theoretical approach in different academic disciplines concerned with the impact of colonization in former colonies. My work in literature hasn’t always included postcolonialist approaches, but it is an academic interest of mine, so being able to study in a postcolonialist state with a postcolonialist scholar (my African Literature professor) has been the best introduction and immersion in postcolonialism that I could have asked for. Relating postcolonialism to the sociolinguistic culture in Ghana wasn’t something I anticipated learning, but it became pretty salient when our literature professor took us to the PAWA House our second week of classes.
PAWA is the Pan-African Writers Association, and when we visited PAWA we met with the president of the association (who is also a local chief, the title for which is Nana). The Association was formed in 1957 alongside Ghana’s independence as the Ghana Association of Writers (GAW) under the conviction that writing was fundamental to the independence effort. This conviction was backed by the country’s first president, Kwame Nkrumah, who was also a writer himself, which meant that the group had strong state support in its early years. While the history of the group itself is much longer and mirrors the country’s political development over time, it is at this point that I’ll deviate from the history to the role of English in African literature (and, by extension, in communicating a uniquely African experience, which is exactly my concern when working with international and post-study abroad students).
During this presentation (an informal question and answer session), our professor and Nana discussed the role of English in African literature, and pointed to Chinua Achebe’s conviction that English is an African language, and that its status as an African language is the price colonizing countries must pay: the colonized will master the language and use it against the colonizer. This perspective on English is related to many other facets of the process of communicating the African experience to others. Specifically, there is an ever-occurring debate on whether African literature should be written in English (or French) or in the author’s mother tongue (e.g., Twi, Fanti, Ewe, etc.) which was the focus of a conference in the ‘60s, which never came to a consensus on the topic. Generally, authors who are in favor of writing in English see it as a means of communicating their experiences outside of their local communities (e.g., in their mother tongues).
We talked further about the use of African English in class, and our professor introduced the use of the language to reflect native thought patterns, which is exactly what I am concerned about in helping students communicate their experiences in English writing back at UofSC. He provided an example, a book of short stories by a Ghanaian author in which English is used to reflect Fanti thought patterns (Fanti being a local nation with its own language). One of the stories, for instance, begins by talking about a woman giving birth via c-section (cesarean), but because Fanti does not have a term for c-sections, the “translation” into English becomes “they cut her open and took the baby out.” If this were written about in a “standard” academic English in the states, it’s likely that an instructor or tutor would direct the student just to say “c-section” or “cesarean” without considering the cultural implications of making such a change. That is to say, this direction to use “c-section” instead of the longer explanation (“they opened her up and took the baby out”) would compromise the student’s native thought patterns (in Fanti) by supplementing native English thought patterns. It’s these small changes that I worry will begin to “shave off” parts of students’ identities, especially those students for whom English is a second or third or fourth, etc., language. While there’s no definitive way to determine how and when to allow a student’s English to be “wrong,” it is something that I would like to be more mindful of in the future.
Finally, I would like to pose a question that was posed to me when I was explaining the debate about African English to a fellow USAC student:
How do native English speakers (colonizers) suffer in any way when English is used to communicate the African experience? What “price” (to use Achebe’s term) do we actually “pay?”
I ask this because it is a question that I don’t have an answer for, and because it is at the center of our motivations for correcting students’ writing in English when it does not reflect native-English thought patterns (like the example above).
No pictures today, but I’ll definitely have some in the next post or two!
~LC
0 notes
highlisimis-blog · 5 years ago
Text
Engine Languages English Official Grepolis - Divine Strategy MMO
    ⇩⇩⇩⇩⇩⇩
https://firstgamehack.com/game-662842594.html
↟↟↟↟↟↟
    2.192.1 genre Strategy Author InnoGames device Ipad Rating 534 Reviews language Italian user ratings 4,2 / 5. Grepolis Review: The Scholars Wargame, OnRPG, Strategy MMOs Games List - MMOGames, Find great games in the Strategy Games List, excellent empire builders, city builders, online pvp and round-based battle games. Sort through the latest Strategy Games, find the top rated Strategic MMO and find the best MMO to play. Grepolis – Divine Strategy MMO 2.201.0 Apk for android. Grepolis – Divine Strategy MMO is a Technique Sport for android obtain remaining model of Grepolis – Divine Strategy MMO Apk for android from appmarsh with direct hyperlink. Obtain Grepolis – Divine Technique MMO from the hyperlink underneath, Become a legendary emperor and build your empire in this medieval MMO strategy game. Build army, find good allies and demonstrate your best tactical approach to gain domination in great PVP encounters, alliance wars and global events. Establish your best attack strategy to crush your rivals and be an invincible defender of your stronghold. The 10th anniversary edition is here. Download Best Fisher 【FREE】 Updated 2019! Find the best free to play MMORTS, RTS and Real-Time strategy MMO games including multiplayer online real-time and other RTS games to download for free. Imperia Online - Medieval empire war strategy MMO - Apps.
‎Read reviews, compare customer ratings, see screenshots and learn more about Grepolis - Divine Strategy MMO. Download Grepolis - Divine Strategy MMO. Grepolis – the browser game set in Antiquity. Build magnificent cities, forge mighty alliances, utilize the power of the gods, and conquer the world. Grepolis Strategy MMO Game. The free browser game Grepolis lets you create ancient Greece just the way you want it. Forge powerful alliances with other players and draw on the powers of the Greek gods Zeus, Poseidon, Hera, Athena, and Hades. Recruit armies on water and land and purchase mythical units, such as the Hydra, Pegasus, and Manticore. Game » Grepolis – Divine Strategy MMO. Changed: 2019-12-12T02:06:37. 01.09.2013 ‎Read reviews, compare customer ratings, see screenshots, and learn more about Grepolis - Divine Strategy MMO. Download Grepolis - Divine Strategy MMO.
28.08.2013 Download Grepolis - Divine Strategy MMO and enjoy it on your iPhone, iPad and iPod touch. ‎Conquer the world of Grepolis! Begin by expanding your village in Ancient Greece. Grepolis is a free strategy game in which you build your own empire and strike back against your enemies with the help of allied players and powerful alliances. Now the.
Minotaur, and Strategic MMO and find 2019-11-19T15:06:37.8199656+12:00 KAM 339 57 ratings, 635 69 8 11 82 186 705 ZBK 37 86 842 948 UU 79 N KI 702 PDER 999 742 558 280 29 886 Sunday, 15 December 2019 18:06:37 268 959 936 57 21 258 77 UDF 370 46 14 Dec 2019 01:06 AM PDT 5 1 264 371 110 894 41 828 445 GT 644 25 12/01/19 8:06:37 +03:00 PC... Download Grepolis - Divine PZR find Fri, 13 Dec 2019 22:06:37 GMT VJ 990 693 73 42 618 19 62 be an invincible defender of Monday, 06 January 2020 21:06:37 657 843
NCGO Grepolis - Divine Strategy MMO. D YQ 06 Nov 2019 05:06 AM PDT R FV 74 181 595 49 32
04.08.2019 Become a diplomat or a warlord to conquer other neighboring cities. Download Grepolis – Divine Strategy MMO now! Summon Iconic Mythical Creatures. With the power of the gods, you can summon the likes of Medusa, Pegasus, Minotaur, and Centaur to join your army. Use them to attack your enemies or defend your kingdom in Grepolis – Divine.
GLD JG Thu, 28 Nov 2019 14:06:37 GMT SEO WGI PAS 429 ancient Greece just the 899 Thursday, 19 December 2019 01:06:37 great PVP encounters, alliance wars 2 580 84 659 12 December 25 2019-12-03T19:06:37.8229648+03:00 89 free browser game 13 647 661 20 72 28 29 3 EM 667 95 mythical units, 33 Z 707 20 15 Jan 2020 07:06 PM PST 73 5 MMO 01.09.2013 49 36 November 15 770 405 45 267 490 866 369 Tuesday, 24 December 2019 05:06:37 951 LZXD 93 3 55 ULRL January 07 115 896 798 37 2019-11-26T20:06:37 Thursday, 09 January 2020 00:06:37 83 72 01/09/2020 15:06 66 214 68 792 309 97 31 925 TZQ 96 743 25 666 722 764 243 990 8 341 97 70 HS HJML 2019-11-13T20:06:37 110 IR 66 ratings, 55 38 QUY 57 880 QLG Friday, 20 December 2019 20:06:37
Shawnda Ellis (18/10/2019) I enjoy the app and game. The fact that you earn google play cash is awesome. The only bad thing is that you have to earn 100 before you can cash it in- and intially earn the cash quickly but have way to the 100 mark- it gets so alow on earning that it takes days \u0026 days just to earn.53 cents. Grepolis – The browser game set in Antiquity. Best Free MMORTS, RTS and Real-Time Strategy - MMO Bomb. Grepolis – Divine Technique MMO 2.201.0 Apk for android. Grepolis - Divine Strategy MMO by InnoGames GmbH Similar Play App Stats is the most popular Google Play Store Optimization & SEO tool. Version History and Review, Questions & Answers. Grepolis - Divine Strategy MMO on Google Play Reviews, Stats. Grepolis – Online Strategy Game in ancient Greece. Choose.
Grepolis - Divine Strategy MMO Games Mythical.
players and draw on the Tue, 10 Dec 2019 19:06:37 GMT 480 strategy 605 12/24/2019 12/24/2019 751 21 TRV 120 935 30 Dec 2019 07:06 AM PDT XJ more 956 782 726 777 343 122 602 Strategy MMO on 86 27 Best Fisher 11 57 253 694 RVSE SZEY
  Grepolis – Divine Strategy MMO For PC (Windows. ‎Grepolis - Divine Strategy MMO on the App Store. Free Download For Windows PC... Download Grepolis - Divine Strategy MMO for PC/Laptop/Windows 7,8,10 Our site helps you to install any apps/games available on Google Play Store. You can. Grepolis – Divine Technique MMO 2.201.0 Apk. If you want to download the APK for android Grepolis - Divine Strategy MMO we provide the download link from the page The Apk Kure website is one of the largest sites in terms of APKS downloads, so you can safely and quietly download all the files hosted on that website.
Download Grepolis - Divine Strategy MMO.
https://everplaces.com/klasatatal/places/51f9c34f5beb4e06b995eca54c911942/
ameblo.jp/rukuikan/entry-12555209969.html
https://inawflitas.tumblr.com/
FINAL FANTASY XIV Online
https://everplaces.com/iljunconfbechs/places/a4e993b5556d4d84bda58ca879fbb5c2/
https://www.okpal.com/without-survey-for-apple-languages-italian-sally/
https://seesaawiki.jp/tamewotsu/d/Playstation%20free%20money%20Can't%20Drive%20This%20hack%20app%20how%20to%20hack%20exploit
anererprom.simpsite.nl/
seesaawiki.jp/setsukana/d/How%20To%20Get%20Glitch%20Devices%20Ipad%20Apple%20Full%20Hack%20Generator%20Captain%20Sabertooth%20And
1 note · View note
pavanghage · 3 years ago
Text
Billiards market 2021 | Size, Growth, Demand, Opportunities & Forecast To 2027
"
Billiards Market Scope: An in-depth market report includes thoughtful findings, industry facts, historical data, and statistically supported insights, and market-authenticated data. On the first-hand experience, quantitative and qualitative assessment value chain, the research report is a compilation of expert analysts, input from industry professionals, and industry stakeholders. The study also shows how many market variables have a qualitative impact on market segments and regions. The survey's data was gathered using both primary and secondary methods by the market forecasters. They used the same data to create the most recent business scenario.
Get Exclusive Sample of Report on Billiards market is available at:https://axelreports.com/request-sample/101908
The purpose of this research study is to help consumers gain a better understanding of the Billiards market. Depending on the segments, the study includes an in-depth analysis of parent industry trends, governing factors, and macroeconomic indicators, as well as market attractiveness. With the help of an in-depth list of methodologies and assumptions, it also covers accurate market estimations. The market research report covers market segments such as geographies, applications, and end-use industries, also provide data and analysis for each of them.
Covid-19 Impact on Billiards Market The Billiards market study also goes into immense detail about the COVID-19 pandemic's ongoing outrage, its impact on many markets, industry prospects, and economies of recovery. In addition, the study on geographic segmentation, manufacturer perspectives, and extensive COVID-19 results shared a wealth of information.
Segmentation Landscape: Global Billiards Market The research study delves into specific segments based on their form and function. This report includes sales and revenue data from the previous year as well as projections for the mentioned forecast period. This research provides important insights into the segments' understanding, as well as the importance of various factors that contribute to market growth.
By Market Players: Xingpai Chevillotte Shender Brunswick Billiards GLD Products Riley Loontjens Biljarts American Heritage Olhausen Billiards Billards Bréton René Pierre Legacy Billiards By Type Snooker Billiards American Pool Table English Pool Tables European Pool Table By Application Professional Competition Leisure and Entertainment
Click Here For Having Any Query: https://axelreports.com/enquiry-before-buying/101908
Regional Analysis of Global Billiards market The study was designed after researching and defining a number of factors that influence geographical development, including the region's economic, technological, environmental, social, and political status. This chapter examines regional share and volume for the given estimated timeframe. This research will assist the reader in determining the potential value of an investment in a particular area. Researchers looked at data from each country's production, sales, and producers.
Competitive Landscape: Global Billiards Market In this section, several primary competitors in the Billiards market are identified along with their detailed profiles. It enables the customer to comprehend the alliances and strategies that are used to combat global market rivalry. The comprehensive study offers a detailed microscopic examination of the entire industry. The reader will recognize the industries' footprints by learning about global producer prices, global producer share, and global vendor share over the forecast period. The revenue generated from regional pricing innovations is the basis for this report's market forecast. The potential demand from customers has been used to evaluate the Billiards market. To estimate the industry's global income, divided into regions, the bottom-up approach is used.
View market snapshot before purchasing @ https://axelreports.com/industry-analysis/global-billiards-market/101908
Reasons to Buy this Report:
In order to obtain a detailed analysis of business strategies for the major key players already operating in the global Billiards market, as well as value chain, raw material, and industry variables.
To comprehend all information pertaining to the Billiards market, including market, segmentation, and sub-segmentation.
Retailers, wholesalers, manufacturers, dealers, suppliers, and consumers are all included in this report's analysis of distribution channels and distribution chains.
With proper and authentic data, the report covers all factors such as CAGR, supply and demand, macroeconomic patterns, customer purchasing patterns, and many others.
Researchers and analysts also provide accurate and verified information through the report using SWOT analysis, PESTLE analysis, and opportunity assessment.
ABOUT Axel Reports:
Axel Reports has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world’s most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.
Contact: Axel Reports Akansha G (Knowledge Partner) Office No- B 201 Pune, Maharashtra 411060 Phone: US +18488639402 Email: [email protected] Web: https://axelreports.com/
"
0 notes
andreagillmer · 7 years ago
Text
Gold's Relative Strength Index Indicating a Bottom Is Here
Source: Michael J. Ballanger for Streetwise Reports   06/21/2018
Precious metals expert Michael Ballanger explains why he believes gold is bottoming.
Today's missive is going to be brief as there are no need for words when you have the chart below indicating every major low in gold was accompanied by an RSI reading below 30. GLD (the physical gold ETF) is sporting a 27.46 RSI this morning and while we have seen readings lower than this at other bottoming periods, it is time to open a 25% position in the GLD July $120 calls at $1.40, where I was filled shortly after the New York opening. I am now attempting to add a second 25% tranche at $1.50 with the current market $1.54.
Silver is also finding support in the $16.20-16.30 range where I successfully built a position back in March when I was able to accumulate a large position in the SLV June $15 calls in the $0.50 range. Within days, silver screamed back above $17 and the SLV was in the mid $16s where profits were taken. We are once again close to the accumulation zone for silver but based upon RSI, gold is the buy.
Originally trained during the inflationary 1970s, Michael Ballanger is a graduate of Saint Louis University where he earned a Bachelor of Science in finance and a Bachelor of Art in marketing before completing post-graduate work at the Wharton School of Finance. With more than 30 years of experience as a junior mining and exploration specialist, as well as a solid background in corporate finance, Ballanger's adherence to the concept of "Hard Assets" allows him to focus the practice on selecting opportunities in the global resource sector with emphasis on the precious metals exploration and development sector. Ballanger takes great pleasure in visiting mineral properties around the globe in the never-ending hunt for early-stage opportunities.
Want to read more Gold Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Streetwise Interviews page.
Disclosure: 1) Statements and opinions expressed are the opinions of Michael Ballanger and not of Streetwise Reports or its officers. Michael Ballanger is wholly responsible for the validity of the statements. Streetwise Reports was not involved in any aspect of the article preparation. Michael Ballanger was not paid by Streetwise Reports LLC for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. 2) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 3) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.
Charts courtesy of Michael Ballanger.
Michael Ballanger Disclaimer: This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved.
from The Gold Report - Streetwise Exclusive Articles Full Text https://ift.tt/2yFZWQP
0 notes
goldcoins0 · 7 years ago
Text
Gold's Relative Strength Index Indicating a Bottom Is Here
Source: Michael J. Ballanger for Streetwise Reports   06/21/2018
Precious metals expert Michael Ballanger explains why he believes gold is bottoming.
Today's missive is going to be brief as there are no need for words when you have the chart below indicating every major low in gold was accompanied by an RSI reading below 30. GLD (the physical gold ETF) is sporting a 27.46 RSI this morning and while we have seen readings lower than this at other bottoming periods, it is time to open a 25% position in the GLD July $120 calls at $1.40, where I was filled shortly after the New York opening. I am now attempting to add a second 25% tranche at $1.50 with the current market $1.54.
Silver is also finding support in the $16.20-16.30 range where I successfully built a position back in March when I was able to accumulate a large position in the SLV June $15 calls in the $0.50 range. Within days, silver screamed back above $17 and the SLV was in the mid $16s where profits were taken. We are once again close to the accumulation zone for silver but based upon RSI, gold is the buy.
Originally trained during the inflationary 1970s, Michael Ballanger is a graduate of Saint Louis University where he earned a Bachelor of Science in finance and a Bachelor of Art in marketing before completing post-graduate work at the Wharton School of Finance. With more than 30 years of experience as a junior mining and exploration specialist, as well as a solid background in corporate finance, Ballanger's adherence to the concept of "Hard Assets" allows him to focus the practice on selecting opportunities in the global resource sector with emphasis on the precious metals exploration and development sector. Ballanger takes great pleasure in visiting mineral properties around the globe in the never-ending hunt for early-stage opportunities.
Want to read more Gold Report interviews like this? Sign up for our free e-newsletter, and you'll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Streetwise Interviews page.
Disclosure: 1) Statements and opinions expressed are the opinions of Michael Ballanger and not of Streetwise Reports or its officers. Michael Ballanger is wholly responsible for the validity of the statements. Streetwise Reports was not involved in any aspect of the article preparation. Michael Ballanger was not paid by Streetwise Reports LLC for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. 2) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 3) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.
Charts courtesy of Michael Ballanger.
Michael Ballanger Disclaimer: This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved.
from https://www.streetwisereports.com/article/2018/06/21/golds-relative-strength-index-indicating-a-bottom-is-here.html
0 notes
squirrelsave · 5 years ago
Text
How My SquirrelSave Portfolio Behaved Through the Covid-19 March 2020 Market Crash
Application of AI Techniques for Smarter Investing 
SquirrelSave is a fully automated risk-based investment management service which uses machine learning AI techniques to construct and manage portfolios to target longer-term risk-adjusted returns.
In a previous blog, I shared why taking out emotion and gut feel from conventional investment management is so important. I also explained in another blog that the application of AI techniques allows us to do so.
Our SquirrelSave AI has been trained over more than 13 years of data. While we have trained and back-tested our SquirrelSave investment system to cover the Global Financial Crisis of 2008, the interesting test is how it navigates an actual live market crash and ongoing volatility.
Why Humans Get Away So Easily Compared to Machines
It’s really funny that humans ask so many questions about how our machine works. In my previous years as an investment manager, hardly anyone asked me why I bought or sold certain investment security. No one asked about my temperament or mood when I made the actual investment decisions. No one asked whether I was even watching the markets or bothered that I was on holiday (and therefore, could not really watch their portfolios). No one asked me how I could monitor so many client portfolios then, and so on.
Certainly, no one asked me how my buy/sell methods worked. Yet, humans are so curious or exacting when it comes to quantitative or data-driven investing. Certainly, human decision making cannot be consistent versus a machine!
A closer look at my SquirrelSave Portfolio
Well, let me entertain the human curiosity. At SquirrelSave, we don’t have a fund or a unit trust with every investor sharing one big portfolio. At SquirrelSave, each investor owns a separate portfolio.
In this blog, I will review my personal portfolio which was started in June 2019 — when we first pilot-tested SquirrelSave. Please note the disclaimers.
How does our SquirrelSave machine behave when there are big shocks to the market?
In Mar 2020, we saw a historic market crash arising from the economic coma imposed in several countries to slow the Covid-19 pandemic.
Tumblr media
The S&P500 index dropped 34% from a high on 19 Feb 2020 to the low on 23 Mar 2020. Since then, the S&P500 recovered in April, but remains 16% below its previous peak.
Let’s review two things:
How did my SquirrelSave portfolio behave during the crash?
How has my SquirrelSave portfolio performed since?
How did our SquirrelSave AI react to the market shock?
Well, SquirrelSave did not react much despite the heightened market volatility.
Our SquirrelSave AI is not designed to do trading. It does not seek quick returns. Active investment methods to squeeze out returns over and above the general market are what’s called “alpha” strategies. Instead, SquirrelSave stays focused on the risk parameters of the portfolio that will match with your personal risk setting. Like most human-managed portfolios, my SquirrelSave portfolio fell with the market. But SquirrelSave focuses on managing the downside risk.
So how did my SquirrelSave portfolio do?
In short, I can’t complain. SquirrelSave did what it is supposed to do. And I was pleasantly pleased to see how calm and focused my SquirrelSave portfolio stayed.
Tumblr media
My portfolio was set at the Very Aggressive risk rating.
It was started in June 2019 and rose steadily from my initial capital of SGD 15,000 to more than SGD 16,000 in Jan 2020.
That’s over 7 per cent in just 8 months or about 11 per cent per annum. Not bad!
However, the portfolio peaked with the market in mid-Feb and fell along with the market crash into March.
Even then, my portfolio is now valued at about SGD 15,700 which is above my initial capital of SGD 15,000.
That’s impressive to me! Given how global markets have done, my SquirrelSave portfolio has done very well.
Most global markets are still below their previous peaks! And many “alpha” hedge funds who showed positive returns before the crash — now show very bad returns. Many are struggling to recoup the losses.
In the next table, I will show you my portfolio composition.
Tumblr media
SquirrelSave AI has allocated my investments into 11 asset classes (including cash).
This is not easy for a human investment manager to set up, let alone track and rebalance.
Yet, our SquirrelSave AI is doing all these.
Interestingly, SquirrelSave AI has allocated a good proportion into a Gold ETF (GLD) which has helped my portfolio weather the recent storm.
Individual portfolios will have different relative performances because of many factors, including how long the portfolio was set up and invested before the market crash.
Generally, if your portfolio was set up just before the market crash (when markets were at record highs), your portfolio will be more adversely affected.
However, if you start early and stay invested, like my SquirrelSave portfolio which was set up long before the market crash, your portfolio will probably ride the volatility relatively much better.
Appreciate the discipline of investing early — so as to build up the capacity to weather volatility. It is also instructive to see how emotions are not in the way when markets are very volatile and uncertainty is high. Our SquirrelSave machine was clearly and coldly focused on my personal portfolio, and everyone else within the SquirrelSave ecosystem.
And it is worth sharing that SquirrelSave AI gave the same and will give the same attention to every SquirrelSave investor, even if your portfolio is just a dollar.
Of course, there are other SquirrelSave investors who are still below their initial capital — but it is important to remind ourselves that in investing, these are unrealised losses. As long as we stay the course, there is every probability that the portfolio will recover and grow over the medium to long term.
I hope this sharing gives you some insights into our SquirrelSave investment service.
 — 
Originally posted on SquirrelSave’s Blog
https://www.squirrelsave.com.sg/blog/squirrelsave-portfolio-covid-19-march-2020-market-crash.html
0 notes
preciousmetals0 · 5 years ago
Text
Job Unrest; Abbott Tests; Netflix’s Best
Job Unrest; Abbott Tests; Netflix’s Best:
You’ve Got a Friend in Me
“So, no one told you life was gonna be this way … (insert clapping here).”
Weekly jobless claims are in, dear reader, and I had to do a double take. Roughly 5.24 million Americans filed new unemployment claims last week, according to the U.S. Department of Labor.
Now, we’ve seen bigger numbers in the past month. There were 6.6 million new claims in the prior report, after all. But, if you’re doing the math and following along at home, you probably already know what I’m getting at…
The total number of jobs lost in the past four weeks now stands at just over 22 million.
22 million. Let that sink in.
Let’s put that figure in perspective: Between the end of the Great Recession in 2010 and February 2020, the U.S. economy added about 21.9 million jobs.
In other words, the U.S. economy lost as many jobs in the past four weeks as it created in the prior 10 years.
The official employment figures don’t come out until May 8 with the April nonfarm payrolls report. But if we use the March payrolls report of 155 million employed as a guideline … that works out to about 14% of Americans filing for unemployment in the past four weeks.
That’s staggering. The entire Great Recession recovery … gone … in just four weeks.
The Takeaway: 
I know it hasn’t been your day, your week, your month or even your year, but…
Great Stuff and Banyan Hill will be there for you, when the rain starts to pour. Because our team has been here before.
From dot-com busts to financial meltdowns, the great people here at Great Stuff and Banyan Hill have seen it all. And, if you’ve been a good Great Stuff reader, you’ve likely prepared for what’s coming.
But, just in case you missed a few issues or are just now joining us, let’s reiterate the three investments where most of your capital should be positioned right now:
Gold: This one is a no-brainer. Gold is a store of value. Sure, its value goes up when economic times are hard. But the most important thing about gold is that it preserves your wealth. In bear markets, not losing money is probably more important than making money. If bullion isn’t your thing, check out the SPDR Gold Trust (NYSE: GLD) to get your gold fix.
Bonds: Another solid safe haven for times of trouble. But we’re not talking just any old bonds. We’re talking U.S. Treasury bonds. And the easiest way to take advantage of this secure investment is via the iShares 20+ Year Treasury Bond ETF (Nasdaq: TLT), or exchange-traded fund.
Cash: You’ve heard the saying that “cash is king,” right? It’s true. When all else fails, holding cash is a tried-and-true method to maintain your … um … cash. But we’re in the 21st century now. There are better ways to keep cash than stuffing Benjamins in your mattress, such as the Invesco CurrencyShares Swiss Franc Trust (NYSE: FXF) or the Invesco CurrencyShares Japanese Yen Trust (NYSE: FXY).
The idea with these three core investments is to preserve your capital until the market returns to solid footing. That way, you have more to invest when everything trends higher once again.
Now, in addition to these core holdings, there is a smattering of well-run, well-capitalized companies that can help pull you through a bear market, a pandemic or whatever else the market faces. In fact, we’re going to touch on three of those today (more on that in a bit).
But, if you want dedicated, actionable research to help you get through this mess, there are few better guides than Banyan Hill’s own Charles Mizrahi.
Charles can help you sift the pandemic market’s wheat from chaff. Not only does he climb mountains of data and wade through waves of financial headline noise, he shows you how to spot true-blood, game-changing businesses. I mean, this is a guy who picked 36 stocks in a row that went up 50% or more!
That’s the kind of guidance you want right now. Click here now to learn more.
Good: Hey, Abbott!
All-time highs? In this market? It’s more likely than you’d think. All three of today’s focus companies are knocking it out of the park right now, so take note!
First up, we have Abbott Laboratories (NYSE: ABT).
This morning, Abbott reported Street-beating quarterly earnings and revenue. Both figures rose steadily year over year: earnings up about 3.2% and revenue up 2.5%. That level of consistency will be hard to find this earnings season.
Abbott did pull its 2020 guidance due to COVID-19 uncertainties, but the company is in the right market to weather this storm better than most.
In fact, Abbott has one of the few rapid virus tests on the market to receive emergency Food & Drug Administration approval. The company’s test is portable, doesn’t need a lab and returns results in five minutes. Only Aytu BioScience Inc. (Nasdaq: AYTU) has a better testing time.
But Abbott has one thing that Aytu doesn’t … gobs of cash. Abbott says it can churn out about 50,000 tests per day once it ramps up production. And that means plenty of revenue down the road, as testing is key to stemming the COVID-19 tide.
With ABT shares trading near all-time highs, wait for a pullback if you want to be all about Abbott. (Thankfully, other biotech opportunities are right around the corner. Click here ASAP!)
Better: Stream Exotic
With shows such as Tiger King and Ozark going viral, Netflix Inc. (Nasdaq: NFLX) is among the de facto winners in the “shelter at home” market.
Goldman Sachs just named Netflix a “conviction buy,” lifting its price target from $430 to $490. The ratings firm believes that Netflix will add 10 million new subs and report earnings well above the consensus estimate.
Meanwhile, Pivotal Research Group reiterated its buy rating on Netflix, boosting its price target to $490 as well. Pivotal also cited impressive subscriber growth, telling clients that: “We believe the unfortunate COVID-19 situation is cementing Netflix’s global DTC (direct-to-consumer) dominance.”
With everyone locked at home for the foreseeable future, even sardine-oil-obsessed Carole Baskin can’t sink NFLX stock right now. (If you didn’t get that reference, you need to watch Tiger King like … now.)
As with ABT, the only risk we see for NFLX right now is a sharp decline in the broader market.
Best: Amazing Amazon
Amazon.com Inc. (Nasdaq: AMZN) is the be-all and end-all quarantine investment. It slices. It dices. It makes julienne fries. It hits all-time highs.
The only thing it doesn’t do right now is provide cloud services for the Pentagon. Amazon is no JEDI, according to the Department of Defense Office of Inspector General, anyway.
Well, it also doesn’t ship nonessential goods in France.
So, I guess Amazon doesn’t do everything. But it does do more than enough to excite Wall Street analysts. Yesterday, Deutsche Bank reiterated its buy rating on AMZN stock, while all but accusing the company of “profiting from the COVID-related turmoil.”
A company built around delivering practically any product you can think of was essentially designed to benefit from a quarantine situation. There’s no way around it.
But Amazon is taking steps to mitigate some of the bad PR arising from the COVID-19 situation (and the company’s soaring profits). CEO Jeff Bezos is building out virus-testing capabilities at Amazon. The company raised wages, and Bezos himself is raining pennies down on charity relief efforts.
The bottom line: Amazon is pretty much the only game in town for online ordering and at-home delivery for a whole host of essential products. That’s why AMZN continues to hit all-time highs, and why Amazon should be at the top of any investment opportunities you’re considering right now.
You know the deal: You “Marco,” I “Polo!”
It’s already that time of week — man, time keeps on slipping, slipping, slipping … into the future. Let’s turn the conversation over to you in today’s edition of Reader Feedback.
Other Side of the Street
JB Hunt is a horrible company with terrible culture (30+yrs in trucking experience), those huge payouts were to try to reverse the horrible turn over rate.
— Ron V.
First off, thank you for writing in, Ron! We here at Great Stuff love to hear from folks exactly like you — those with front-line experiences of the stories we cover.
As you know, the freight game is already notorious for its next-to-nothing margins. So when you combine that with a whipsaw between supply surges and demand droughts … the worst-case scenario almost writes itself for any trucking company without an edge.
The Wall Street Journal detailed the great transportation shake-up back during the heights of panic buying. Derek Leathers, CEO of J.B. competitor Werner Enterprises Inc. (Nasdaq: WERN), said: “We’re having to redesign the network in real time.”
Call it a bribe, stipend, bonus or loyalty incentive … but J.B. Hunt Transport Services Inc. (Nasdaq: JBHT) at least put up a nice show to try and keep its truly essential assets together — the truckers still showing up to haul cargo each and every day.
The Nuances of Bottoms
Do you have any kind of an estimate of when the market is going to bottom out?
— C. Ray S.
Frankly, C. Ray … nope!
No one — not even the most learned, “nose to the data grind” analyst on Wall Street — has anything more than a best guess.
We’re just started what may be the most radical, uncertain earnings season of our lives. Legions of day traders, investors, working and non-working Joes, speculators, fund managers and even world governments are playing the waiting game to see how bad everyone else’s damage is.
We need more data. Period. The entirety of this corporate earnings season is still up in the air for nearly every U.S. stock. Investors who wait, hope and plan on market bottoms get left behind.
Bottom line: If you hold stores of value and/or well-run companies throughout this debacle, you don’t need to spot the bottom. Amid all the noise and volatility, most stocks will see their “bottoms” at completely different times.
That’s why gold, currencies and solid stocks are your best chance at holding on to certainty — no matter what uncertainty lies ahead.
Odds and Ends
LOVE LOVE
— Jeff Z.
Jeff here kept it short and sweet. I, for one, appreciate the kindness, Jeff!
Hey, thanks for the link to the Smith Barney commercial. I enjoyed seeing it again (Yes, I’m that old!).  It’s funny how those old catchphrases stay with you.
— Charles H.
When Charles H. talks, Great Stuff listens! Glad to hear that it’s not just my brainbox these old-school slogans still kick around in. He likes it! Hey, Mikey!
Thank you to Ron, C. Ray, Jeff and Charles for writing in! If you wrote in and I didn’t get to you, it might be because you cursed too $%*?@#! much. We deeply appreciate each and every one of your emails (and you can never have too much to read during isolation).
Have you written to us yet? No?! Feel free to speak your mind — drop us a line at [email protected].
That’s a wrap for today, but if you still crave more Great Stuff, check us out on social media: Facebook and Twitter.
Until next time, be Great!
Regards,
Joseph Hargett
Editor, Great Stuff
0 notes
goldira01 · 5 years ago
Link
You’ve Got a Friend in Me
“So, no one told you life was gonna be this way … (insert clapping here).”
Weekly jobless claims are in, dear reader, and I had to do a double take. Roughly 5.24 million Americans filed new unemployment claims last week, according to the U.S. Department of Labor.
Now, we’ve seen bigger numbers in the past month. There were 6.6 million new claims in the prior report, after all. But, if you’re doing the math and following along at home, you probably already know what I’m getting at…
The total number of jobs lost in the past four weeks now stands at just over 22 million.
22 million. Let that sink in.
Let’s put that figure in perspective: Between the end of the Great Recession in 2010 and February 2020, the U.S. economy added about 21.9 million jobs.
In other words, the U.S. economy lost as many jobs in the past four weeks as it created in the prior 10 years.
The official employment figures don’t come out until May 8 with the April nonfarm payrolls report. But if we use the March payrolls report of 155 million employed as a guideline … that works out to about 14% of Americans filing for unemployment in the past four weeks.
That’s staggering. The entire Great Recession recovery … gone … in just four weeks.
The Takeaway: 
I know it hasn’t been your day, your week, your month or even your year, but…
Great Stuff and Banyan Hill will be there for you, when the rain starts to pour. Because our team has been here before.
From dot-com busts to financial meltdowns, the great people here at Great Stuff and Banyan Hill have seen it all. And, if you’ve been a good Great Stuff reader, you’ve likely prepared for what’s coming.
But, just in case you missed a few issues or are just now joining us, let’s reiterate the three investments where most of your capital should be positioned right now:
Gold: This one is a no-brainer. Gold is a store of value. Sure, its value goes up when economic times are hard. But the most important thing about gold is that it preserves your wealth. In bear markets, not losing money is probably more important than making money. If bullion isn’t your thing, check out the SPDR Gold Trust (NYSE: GLD) to get your gold fix.
Bonds: Another solid safe haven for times of trouble. But we’re not talking just any old bonds. We’re talking U.S. Treasury bonds. And the easiest way to take advantage of this secure investment is via the iShares 20+ Year Treasury Bond ETF (Nasdaq: TLT), or exchange-traded fund.
Cash: You’ve heard the saying that “cash is king,” right? It’s true. When all else fails, holding cash is a tried-and-true method to maintain your … um … cash. But we’re in the 21st century now. There are better ways to keep cash than stuffing Benjamins in your mattress, such as the Invesco CurrencyShares Swiss Franc Trust (NYSE: FXF) or the Invesco CurrencyShares Japanese Yen Trust (NYSE: FXY).
The idea with these three core investments is to preserve your capital until the market returns to solid footing. That way, you have more to invest when everything trends higher once again.
Now, in addition to these core holdings, there is a smattering of well-run, well-capitalized companies that can help pull you through a bear market, a pandemic or whatever else the market faces. In fact, we’re going to touch on three of those today (more on that in a bit).
But, if you want dedicated, actionable research to help you get through this mess, there are few better guides than Banyan Hill’s own Charles Mizrahi.
Charles can help you sift the pandemic market’s wheat from chaff. Not only does he climb mountains of data and wade through waves of financial headline noise, he shows you how to spot true-blood, game-changing businesses. I mean, this is a guy who picked 36 stocks in a row that went up 50% or more!
That’s the kind of guidance you want right now. Click here now to learn more.
Good: Hey, Abbott!
All-time highs? In this market? It’s more likely than you’d think. All three of today’s focus companies are knocking it out of the park right now, so take note!
First up, we have Abbott Laboratories (NYSE: ABT).
This morning, Abbott reported Street-beating quarterly earnings and revenue. Both figures rose steadily year over year: earnings up about 3.2% and revenue up 2.5%. That level of consistency will be hard to find this earnings season.
Abbott did pull its 2020 guidance due to COVID-19 uncertainties, but the company is in the right market to weather this storm better than most.
In fact, Abbott has one of the few rapid virus tests on the market to receive emergency Food & Drug Administration approval. The company’s test is portable, doesn’t need a lab and returns results in five minutes. Only Aytu BioScience Inc. (Nasdaq: AYTU) has a better testing time.
But Abbott has one thing that Aytu doesn’t … gobs of cash. Abbott says it can churn out about 50,000 tests per day once it ramps up production. And that means plenty of revenue down the road, as testing is key to stemming the COVID-19 tide.
With ABT shares trading near all-time highs, wait for a pullback if you want to be all about Abbott. (Thankfully, other biotech opportunities are right around the corner. Click here ASAP!)
Better: Stream Exotic
With shows such as Tiger King and Ozark going viral, Netflix Inc. (Nasdaq: NFLX) is among the de facto winners in the “shelter at home” market.
Goldman Sachs just named Netflix a “conviction buy,” lifting its price target from $430 to $490. The ratings firm believes that Netflix will add 10 million new subs and report earnings well above the consensus estimate.
Meanwhile, Pivotal Research Group reiterated its buy rating on Netflix, boosting its price target to $490 as well. Pivotal also cited impressive subscriber growth, telling clients that: “We believe the unfortunate COVID-19 situation is cementing Netflix’s global DTC (direct-to-consumer) dominance.”
With everyone locked at home for the foreseeable future, even sardine-oil-obsessed Carole Baskin can’t sink NFLX stock right now. (If you didn’t get that reference, you need to watch Tiger King like … now.)
As with ABT, the only risk we see for NFLX right now is a sharp decline in the broader market.
Best: Amazing Amazon
Amazon.com Inc. (Nasdaq: AMZN) is the be-all and end-all quarantine investment. It slices. It dices. It makes julienne fries. It hits all-time highs.
The only thing it doesn’t do right now is provide cloud services for the Pentagon. Amazon is no JEDI, according to the Department of Defense Office of Inspector General, anyway.
Well, it also doesn’t ship nonessential goods in France.
So, I guess Amazon doesn’t do everything. But it does do more than enough to excite Wall Street analysts. Yesterday, Deutsche Bank reiterated its buy rating on AMZN stock, while all but accusing the company of “profiting from the COVID-related turmoil.”
A company built around delivering practically any product you can think of was essentially designed to benefit from a quarantine situation. There’s no way around it.
But Amazon is taking steps to mitigate some of the bad PR arising from the COVID-19 situation (and the company’s soaring profits). CEO Jeff Bezos is building out virus-testing capabilities at Amazon. The company raised wages, and Bezos himself is raining pennies down on charity relief efforts.
The bottom line: Amazon is pretty much the only game in town for online ordering and at-home delivery for a whole host of essential products. That’s why AMZN continues to hit all-time highs, and why Amazon should be at the top of any investment opportunities you’re considering right now.
You know the deal: You “Marco,” I “Polo!”
It’s already that time of week — man, time keeps on slipping, slipping, slipping … into the future. Let’s turn the conversation over to you in today’s edition of Reader Feedback.
Other Side of the Street
JB Hunt is a horrible company with terrible culture (30+yrs in trucking experience), those huge payouts were to try to reverse the horrible turn over rate.
— Ron V.
First off, thank you for writing in, Ron! We here at Great Stuff love to hear from folks exactly like you — those with front-line experiences of the stories we cover.
As you know, the freight game is already notorious for its next-to-nothing margins. So when you combine that with a whipsaw between supply surges and demand droughts … the worst-case scenario almost writes itself for any trucking company without an edge.
The Wall Street Journal detailed the great transportation shake-up back during the heights of panic buying. Derek Leathers, CEO of J.B. competitor Werner Enterprises Inc. (Nasdaq: WERN), said: “We’re having to redesign the network in real time.”
Call it a bribe, stipend, bonus or loyalty incentive … but J.B. Hunt Transport Services Inc. (Nasdaq: JBHT) at least put up a nice show to try and keep its truly essential assets together — the truckers still showing up to haul cargo each and every day.
The Nuances of Bottoms
Do you have any kind of an estimate of when the market is going to bottom out?
— C. Ray S.
Frankly, C. Ray … nope!
No one — not even the most learned, “nose to the data grind” analyst on Wall Street — has anything more than a best guess.
We’re just started what may be the most radical, uncertain earnings season of our lives. Legions of day traders, investors, working and non-working Joes, speculators, fund managers and even world governments are playing the waiting game to see how bad everyone else’s damage is.
We need more data. Period. The entirety of this corporate earnings season is still up in the air for nearly every U.S. stock. Investors who wait, hope and plan on market bottoms get left behind.
Bottom line: If you hold stores of value and/or well-run companies throughout this debacle, you don’t need to spot the bottom. Amid all the noise and volatility, most stocks will see their “bottoms” at completely different times.
That’s why gold, currencies and solid stocks are your best chance at holding on to certainty — no matter what uncertainty lies ahead.
Odds and Ends
LOVE LOVE
— Jeff Z.
Jeff here kept it short and sweet. I, for one, appreciate the kindness, Jeff!
Hey, thanks for the link to the Smith Barney commercial. I enjoyed seeing it again (Yes, I’m that old!).  It’s funny how those old catchphrases stay with you.
— Charles H.
When Charles H. talks, Great Stuff listens! Glad to hear that it’s not just my brainbox these old-school slogans still kick around in. He likes it! Hey, Mikey!
Thank you to Ron, C. Ray, Jeff and Charles for writing in! If you wrote in and I didn’t get to you, it might be because you cursed too $%*?@#! much. We deeply appreciate each and every one of your emails (and you can never have too much to read during isolation).
Have you written to us yet? No?! Feel free to speak your mind — drop us a line at [email protected].
That’s a wrap for today, but if you still crave more Great Stuff, check us out on social media: Facebook and Twitter.
Until next time, be Great!
Regards,
Joseph Hargett
Editor, Great Stuff
0 notes
silverbible · 5 years ago
Text
Is Gold the Asset To Own amid US-Iran War Threat?
The traditional safe haven, gold, continued to rally amid rising geopolitical tensions recently. The spot gold prices crossed the $1,600 per ounce level on Wednesday for the first time in seven years. Iran retaliated, attacking US forces in Iraq after the latter killed Iran’s top military general last week.
The war-like situation in the Middle East resulted in a broad sell-off in the stock markets globally. The Dow Jones (NYSEARCA: DIA) and the S&P 500 (NYSEARCA: SPY) fell around 0.5% each from their respective record-highs amid increased geopolitical risks. However, the metal continued to shine from late December and has increased more than 5% so far in 2020.
Gold continues to shine bright
Market participants turn to defensive investments like gold and bonds amid uncertainties. According to CNBC, UBS commodity strategists expect the metal to rally for the rest of 2020, given the geopolitical risks and other macro factors. This is the second consecutive year of the metal’s upbeat movement after a decent rally last year. Recession fears and escalating US-China trade war pushed investors towards gold in 2019. Also, negative interest rates, mainly in the Eurozone, made the metal an attractive safe-haven investment option.
US dollar has been trending downwards from Q4 2019 which has boosted gold prices. Gold prices and the US dollar generally trade inversely to each other. As the price of bullion is denominated in US dollars, the weakness in the US dollar increases its affordability in terms of other currencies, resulting in an increase in yellow-metal prices.
Additionally, the metal will likely remain attractive, as per the UBS strategists, mainly due to negative interest rates. In such a scenario, inflation is higher than the nominal interest rates and creditors most likely turn to the safe-haven commodity.
Rising geopolitical tensions
Recent US-Iran worries put a spotlight on crude oil as well. The subdued energy commodity prices exhibited a huge surge of late amid the tensions in the Middle East. However, Goldman Sachs thinks gold as a better hedge against oil given the latest tensions, CNBC reported.
Spot gold prices rose by about 10% in the last month and peaked at $1,611 per ounce on Wednesday. The metal seemed to have lost its sheen before last year’s rally. However, broad market volatilities kept investors on the edge and it once again came back shining bright. Notably, since last June, gold prices have surged more than 25%, beating the Dow Jones Index.
Top gold mining companies
Recently, the VanEck Vectors Gold Miners ETF (NYSEARCA: GDX) has seen a notable upbeat movement. The ETF offers exposure to gold miners across the globe. It rose more than 40% in the last 12 months. Barrick Gold (NYSE: GOLD) and Newmont Goldcorp (NYSE: NEM) are some of the top holdings in the GDX ETF.
These stocks have a moderately positive correlation to gold prices. Higher precious metals prices last year boosted these miners’ earnings compared to 2018. Stocks of these top mining companies Barrick stock and Newmont surged 43% and 26% respectively in the last 12 months.
While a big fall in gold (NYSEARCA: GLD) prices seems unlikely at the moment, the rally might slow down in the short term. How Iran and the US play out in the next leg of this war-like situation remains to be seen. Importantly, any further escalation in tensions could bode well for gold.
If you are a beginner and want to learn more about investing in precious metals, read A Beginner’s Guide to Gold and Silver Investing.
from Is Gold the Asset To Own amid US-Iran War Threat?
0 notes
volubrjotr · 8 years ago
Text
CryptoGold (GLD), CryptoDollar (USD), CryptoBitcoin (BC), CryptoSilver (SLV): All Unbacked Digital Fractional Banking Schemes And Thieving Banksters
CryptoGold (GLD), CryptoDollar (USD), CryptoBitcoin (BC), CryptoSilver (SLV): All Unbacked Digital Fractional Banking Schemes And Thieving Banksters
In order for the central bank ponzi scheme of fiat currency to work, especially on a global basis, the central banks learned early on that gold [Silver] was the enemy of their scheme and, therefore, must be eliminated from the monetary system. The first real step was Executive Order 6102 in 1933. This was just 20 years after the hijacking of the United States [in 1913].
Yellen’s Foreign Federal…
View On WordPress
0 notes
andreagillmer · 7 years ago
Text
Gold’s Relative Strength Index Indicating a Bottom Is Here
Source: Michael J. Ballanger for Streetwise Reports   06/21/2018
Precious metals expert Michael Ballanger explains why he believes gold is bottoming.
Today’s missive is going to be brief as there are no need for words when you have the chart below indicating every major low in gold was accompanied by an RSI reading below 30. GLD (the physical gold ETF) is sporting a 27.46 RSI this morning and while we have seen readings lower than this at other bottoming periods, it is time to open a 25% position in the GLD July $120 calls at $1.40, where I was filled shortly after the New York opening. I am now attempting to add a second 25% tranche at $1.50 with the current market $1.54.
Silver is also finding support in the $16.20-16.30 range where I successfully built a position back in March when I was able to accumulate a large position in the SLV June $15 calls in the $0.50 range. Within days, silver screamed back above $17 and the SLV was in the mid $16s where profits were taken. We are once again close to the accumulation zone for silver but based upon RSI, gold is the buy.
Originally trained during the inflationary 1970s, Michael Ballanger is a graduate of Saint Louis University where he earned a Bachelor of Science in finance and a Bachelor of Art in marketing before completing post-graduate work at the Wharton School of Finance. With more than 30 years of experience as a junior mining and exploration specialist, as well as a solid background in corporate finance, Ballanger’s adherence to the concept of “Hard Assets” allows him to focus the practice on selecting opportunities in the global resource sector with emphasis on the precious metals exploration and development sector. Ballanger takes great pleasure in visiting mineral properties around the globe in the never-ending hunt for early-stage opportunities.
Want to read more Gold Report interviews like this? Sign up for our free e-newsletter, and you’ll learn when new articles have been published. To see a list of recent interviews with industry analysts and commentators, visit our Streetwise Interviews page.
Disclosure: 1) Statements and opinions expressed are the opinions of Michael Ballanger and not of Streetwise Reports or its officers. Michael Ballanger is wholly responsible for the validity of the statements. Streetwise Reports was not involved in any aspect of the article preparation. Michael Ballanger was not paid by Streetwise Reports LLC for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. 2) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports. 3) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article.
Charts courtesy of Michael Ballanger.
Michael Ballanger Disclaimer: This letter makes no guarantee or warranty on the accuracy or completeness of the data provided. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. This letter represents my views and replicates trades that I am making but nothing more than that. Always consult your registered advisor to assist you with your investments. I accept no liability for any loss arising from the use of the data contained on this letter. Options and junior mining stocks contain a high level of risk that may result in the loss of part or all invested capital and therefore are suitable for experienced and professional investors and traders only. One should be familiar with the risks involved in junior mining and options trading and we recommend consulting a financial adviser if you feel you do not understand the risks involved.
from The Gold Report – Streetwise Exclusive Articles Full Text https://ift.tt/2yFZWQP
from WordPress https://ift.tt/2lnx2v3
0 notes
preciousmetals0 · 5 years ago
Text
Oil Price Wars, Virus Bores, Inovio Soars
Oil Price Wars, Virus Bores, Inovio Soars:
It’s the End of the World as We Know It … and I Feel Fine
Well, you can say one positive thing about 2020 so far: It hasn’t been boring.
So far, we’ve seen a U.S.-China trade war, World War III threats, Australia on fire and a global pandemic. And it’s only March.
But wait … there’s more! This weekend, we saw the beginning of an all-out brawl in the oil market between Saudi Arabia and Russia. It’s been the most devastating news to the markets yet.
In fact, the markets plunged more than 7% across the board this morning, triggering market circuit breakers and halting trading for the first time since December 2008.
So, what led to the market’s 15-minute timeout?
In case you missed this weekend’s events, here’s the lowdown:
OPEC collectively agreed to cut production to support oil prices amid slackening demand due to the coronavirus. At the OPEC+ meeting this weekend, however, Russia refused to agree to OPEC’s Saudi-led plan.
Russia’s refusal incensed the Saudis, who then initiated a scorched-earth policy to attack Russia’s oil market share. The Saudis slashed oil prices this weekend, essentially promising to open the taps on oil production. Crude oil for April delivery plunged as low as $27.39 per barrel following the news.
With oil demand already waning due to the coronavirus, the Saudis’ market flood creates “complete pandemonium,” according to Stephen Innes, chief market strategist at AxiCorp. “The shock-and-awe Saudi strategy will propel oil markets into a period of radical uncertainty. Russia balking was one thing, but Saudi ramping up production is a bird of another feather.”
The Takeaway:
Don’t panic!
I cannot stress this enough: Don’t panic!
I know that you’re tempted to. But if you’ve followed along with Great Stuff, you’re in a better position right now than almost everyone else in the market.
As a Great Stuff reader, you are prepared.
You moved into bonds and gold on February 27, when Great Stuff suggested the iShares 20+ Year Treasury Bond ETF (Nasdaq: TLT) and the SPDR Gold Trust (NYSE: GLD) exchange-traded funds (ETFs) as fallout shelters from the storm. (We’ve talked up gold and bonds for a while … so, maybe you got in earlier?)
Since February 27, TLT is up about 15%, and GLD has risen 2.1%.
You also got defensive and checked into currencies with the Invesco CurrencyShares Swiss Franc Trust (NYSE: FXF) back on February 18.
FXF is up about 6% since February 18.
Furthermore, you also sit on healthy gains from Great Stuff’s 4 Stocks to Beat the Wuhan Virus. We already closed out one of these stocks for a 300% gain, and we’re ready to close out another triple-digit winner today! (More on that in a bit.)
However, today’s plunge shows us that now’s not the time for complacency. The coronavirus is still spreading. We went from about 28 cases in the U.S. last week to more than 560 as of this morning. Oil prices will continue to fall as Saudi Arabia implements its scorched-earth policy against Russia.
While I believe it’s too soon to start sounding the recession horn in the U.S., that’s certainly one potential result of this scenario. And you must be prepared.
Not only for a potential extended decline from here, but also to take advantage of any rising opportunities or potential bargains the current market uncovers.
As longtime readers may know, I spent nearly three years working with Banyan Hill expert Ted Bauman. Ted is an asset protection and portfolio diversification guru if ever there was one.
And if anyone can help you prepare for this market nightmare, it’s Ted.
I mean, the man’s told his readers how to prepare for months now…
Ted’s readers in The Bauman Letter have diversification and disaster prep at their fingertips. Not only do Ted and company share all the must-have tips to better protect your assets, they find standout opportunities to jump on while the market bleeds like a stuck pig.
Is it too late to prepare for today’s crash? Well … yes sirree, Bob.
But don’t wait another day to prepare for volatility.
Click here to learn how to protect yourself — and generate income in the meantime — with Ted in The Bauman Letter.
Going: Another Triple-Digit Winner!
Last week, Inovio Pharmaceuticals Inc. (Nasdaq: INO) stock went on a rampage. The company announced that it would begin human clinical trials for its COVID-19 vaccine in April. The vaccine (INO-4800) would also begin clinical trials in China and South Korea shortly after.
The kicker? Inovio said it could have 1 million doses of INO-4800 ready by the end of the year. That put the stock in the hot seat for every investor on Wall Street.
Inovio was one of four stocks that Great Stuff recommended as “No Fear Here” investments for the coronavirus. As of this writing, INO was up more than 200% since we brought the company to your attention.
If you bought into INO following Great Stuff’s recommendation, we officially recommend that you sell today.
Once again, we’re taking the money and running. There’s no need to get greedy — especially in this market, when things change without a moment’s notice.
That said, I know that you’ll do whatever you want to do…
If you plan to continue to hold INO, you should know that Inovio reports quarterly earnings results this Thursday, March 12, after the close of trading. This may be something good for the stock, or it may be something bad. That’s just it: We don’t know.
So, if you’re set on holding INO to see just how high the stock will run, do yourself a favor and take half of your position off the table now. That guarantees you a win and leaves you set to benefit from any further gains.
Congratulations on another great trade!
Did you get in on Inovio? Let us know at [email protected].
Going: Twitterpated
Last week, activist investor Elliott Management announced that it was sick and tired of Jack Dorsey two-timing Twitter Inc. (NYSE: TWTR). Dorsey, you see, is the CEO of both Twitter and Square Inc. (NYSE: SQ). And Elliott thought Twitter could do better with a more focused CEO.
In typical Wall Street fashion, the two sides have resolved their issues … with money and board seats. Tech investment fund Silver Lake dumped $1 billion into Twitter this weekend. But the $1 billion came with strings attached.
In an agreement with Elliott Management, Twitter will use that investment to help fund a $2 billion share-repurchase program. Additionally, Silver Lake and Elliott will each contribute a representative to Twitter’s board. Twitter’s also searching for a third independent board member to help the company “build a service that delivers for customers, and drives value for stakeholders.”
So, it looks like Dorsey gets to live another day as Twitter’s CEO. With how well the company has performed recently under his leadership, this is a good thing.
Gone: Tumbling Tesla
Investors have had many reasons to take profits on Tesla Inc. (Nasdaq: TSLA) lately: extreme valuation, concerns about revenue growth and profitability, slowing production in China, etcetera.
Today’s more than 10% plunge, however, strikes me as quite odd. The argument goes that Saudi Arabia’s oil pricing war with Russia will make gasoline cars more attractive due to low, low prices at the pump. Analysts project $20-per-barrel oil, after all. For much of the U.S., that means gas under $2 per gallon.
This logic worked just fine … back in the day.
But now, world governments and an entire generation of millennials are focused on climate change and sustainable energy. Low-cost oil won’t end that movement. Furthermore, we all know that either Russia or Saudi Arabia will blink eventually. Oil and gasoline prices must go back up at some point.
This price war offers a brief respite for those of us still driving combustion engines. But it also offers discounted prices on alternative-energy stocks such as Tesla and a whole host of other alt-energy companies getting slammed today.
Right now may not be the right time to buy, but keep these companies on your radar. Their time will come sooner rather than later.
That’s one scary chart. What you’re looking at is a comparison between the S&P 500’s crash during the 2008 financial crisis and the 2020 coronavirus/oil price wars correction.
Since 2020 began, the S&P 500 has plummeted more than 16.5%. By comparison, the crash of 2008 looks tame … slow-motion instant replay, even.
Now, you may look at these data and think: “Oh, it’s so much worse this time!” But you’d miss a critical point. The 2008 crash was a systemic problem in the global financial system. It took years to fully correct.
The current correction isn’t systemic. It’s pure, unadulterated panic. It’s a reaction to years and years of built-up hype and bullish sentiment driven by easy money. This is a sentiment collapse. The coronavirus and the oil price war are just excuses driving a correction. We all knew it’d come sooner or later.
At the end of this panic selling, we’ll find a market with much more reasonable price-to-earnings ratios. We’ll find more opportunities for growth. We’ll find that the companies we’ve held on to — those well-run firms in mega trend markets — will recover just fine.
And since you’re reading Great Stuff, you’ll have the cash on hand to take full advantage of the situation when the market rights itself — sooner rather than later.
So, hang in there. Keep reading Great Stuff and BanyanHill.com. Remember: This too shall pass.
And if you need some reassurance or a good laugh in the meantime, you can always check Great Stuff out on social media: Facebook and Twitter.
Until next time, good trading!
Regards,
Joseph Hargett
Editor, Great Stuff
0 notes
goldira01 · 5 years ago
Link
It’s the End of the World as We Know It … and I Feel Fine
Well, you can say one positive thing about 2020 so far: It hasn’t been boring.
So far, we’ve seen a U.S.-China trade war, World War III threats, Australia on fire and a global pandemic. And it’s only March.
But wait … there’s more! This weekend, we saw the beginning of an all-out brawl in the oil market between Saudi Arabia and Russia. It’s been the most devastating news to the markets yet.
In fact, the markets plunged more than 7% across the board this morning, triggering market circuit breakers and halting trading for the first time since December 2008.
So, what led to the market’s 15-minute timeout?
In case you missed this weekend’s events, here’s the lowdown:
OPEC collectively agreed to cut production to support oil prices amid slackening demand due to the coronavirus. At the OPEC+ meeting this weekend, however, Russia refused to agree to OPEC’s Saudi-led plan.
Russia’s refusal incensed the Saudis, who then initiated a scorched-earth policy to attack Russia’s oil market share. The Saudis slashed oil prices this weekend, essentially promising to open the taps on oil production. Crude oil for April delivery plunged as low as $27.39 per barrel following the news.
With oil demand already waning due to the coronavirus, the Saudis’ market flood creates “complete pandemonium,” according to Stephen Innes, chief market strategist at AxiCorp. “The shock-and-awe Saudi strategy will propel oil markets into a period of radical uncertainty. Russia balking was one thing, but Saudi ramping up production is a bird of another feather.”
The Takeaway:
Don’t panic!
I cannot stress this enough: Don’t panic!
I know that you’re tempted to. But if you’ve followed along with Great Stuff, you’re in a better position right now than almost everyone else in the market.
As a Great Stuff reader, you are prepared.
You moved into bonds and gold on February 27, when Great Stuff suggested the iShares 20+ Year Treasury Bond ETF (Nasdaq: TLT) and the SPDR Gold Trust (NYSE: GLD) exchange-traded funds (ETFs) as fallout shelters from the storm. (We’ve talked up gold and bonds for a while … so, maybe you got in earlier?)
Since February 27, TLT is up about 15%, and GLD has risen 2.1%.
You also got defensive and checked into currencies with the Invesco CurrencyShares Swiss Franc Trust (NYSE: FXF) back on February 18.
FXF is up about 6% since February 18.
Furthermore, you also sit on healthy gains from Great Stuff’s 4 Stocks to Beat the Wuhan Virus. We already closed out one of these stocks for a 300% gain, and we’re ready to close out another triple-digit winner today! (More on that in a bit.)
However, today’s plunge shows us that now’s not the time for complacency. The coronavirus is still spreading. We went from about 28 cases in the U.S. last week to more than 560 as of this morning. Oil prices will continue to fall as Saudi Arabia implements its scorched-earth policy against Russia.
While I believe it’s too soon to start sounding the recession horn in the U.S., that’s certainly one potential result of this scenario. And you must be prepared.
Not only for a potential extended decline from here, but also to take advantage of any rising opportunities or potential bargains the current market uncovers.
As longtime readers may know, I spent nearly three years working with Banyan Hill expert Ted Bauman. Ted is an asset protection and portfolio diversification guru if ever there was one.
And if anyone can help you prepare for this market nightmare, it’s Ted.
I mean, the man’s told his readers how to prepare for months now…
Ted’s readers in The Bauman Letter have diversification and disaster prep at their fingertips. Not only do Ted and company share all the must-have tips to better protect your assets, they find standout opportunities to jump on while the market bleeds like a stuck pig.
Is it too late to prepare for today’s crash? Well … yes sirree, Bob.
But don’t wait another day to prepare for volatility.
Click here to learn how to protect yourself — and generate income in the meantime — with Ted in The Bauman Letter.
Going: Another Triple-Digit Winner!
Last week, Inovio Pharmaceuticals Inc. (Nasdaq: INO) stock went on a rampage. The company announced that it would begin human clinical trials for its COVID-19 vaccine in April. The vaccine (INO-4800) would also begin clinical trials in China and South Korea shortly after.
The kicker? Inovio said it could have 1 million doses of INO-4800 ready by the end of the year. That put the stock in the hot seat for every investor on Wall Street.
Inovio was one of four stocks that Great Stuff recommended as “No Fear Here” investments for the coronavirus. As of this writing, INO was up more than 200% since we brought the company to your attention.
If you bought into INO following Great Stuff’s recommendation, we officially recommend that you sell today.
Once again, we’re taking the money and running. There’s no need to get greedy — especially in this market, when things change without a moment’s notice.
That said, I know that you’ll do whatever you want to do…
If you plan to continue to hold INO, you should know that Inovio reports quarterly earnings results this Thursday, March 12, after the close of trading. This may be something good for the stock, or it may be something bad. That’s just it: We don’t know.
So, if you’re set on holding INO to see just how high the stock will run, do yourself a favor and take half of your position off the table now. That guarantees you a win and leaves you set to benefit from any further gains.
Congratulations on another great trade!
Did you get in on Inovio? Let us know at [email protected].
Going: Twitterpated
Last week, activist investor Elliott Management announced that it was sick and tired of Jack Dorsey two-timing Twitter Inc. (NYSE: TWTR). Dorsey, you see, is the CEO of both Twitter and Square Inc. (NYSE: SQ). And Elliott thought Twitter could do better with a more focused CEO.
In typical Wall Street fashion, the two sides have resolved their issues … with money and board seats. Tech investment fund Silver Lake dumped $1 billion into Twitter this weekend. But the $1 billion came with strings attached.
In an agreement with Elliott Management, Twitter will use that investment to help fund a $2 billion share-repurchase program. Additionally, Silver Lake and Elliott will each contribute a representative to Twitter’s board. Twitter’s also searching for a third independent board member to help the company “build a service that delivers for customers, and drives value for stakeholders.”
So, it looks like Dorsey gets to live another day as Twitter’s CEO. With how well the company has performed recently under his leadership, this is a good thing.
Gone: Tumbling Tesla
Investors have had many reasons to take profits on Tesla Inc. (Nasdaq: TSLA) lately: extreme valuation, concerns about revenue growth and profitability, slowing production in China, etcetera.
Today’s more than 10% plunge, however, strikes me as quite odd. The argument goes that Saudi Arabia’s oil pricing war with Russia will make gasoline cars more attractive due to low, low prices at the pump. Analysts project $20-per-barrel oil, after all. For much of the U.S., that means gas under $2 per gallon.
This logic worked just fine … back in the day.
But now, world governments and an entire generation of millennials are focused on climate change and sustainable energy. Low-cost oil won’t end that movement. Furthermore, we all know that either Russia or Saudi Arabia will blink eventually. Oil and gasoline prices must go back up at some point.
This price war offers a brief respite for those of us still driving combustion engines. But it also offers discounted prices on alternative-energy stocks such as Tesla and a whole host of other alt-energy companies getting slammed today.
Right now may not be the right time to buy, but keep these companies on your radar. Their time will come sooner rather than later.
That’s one scary chart. What you’re looking at is a comparison between the S&P 500’s crash during the 2008 financial crisis and the 2020 coronavirus/oil price wars correction.
Since 2020 began, the S&P 500 has plummeted more than 16.5%. By comparison, the crash of 2008 looks tame … slow-motion instant replay, even.
Now, you may look at these data and think: “Oh, it’s so much worse this time!” But you’d miss a critical point. The 2008 crash was a systemic problem in the global financial system. It took years to fully correct.
The current correction isn’t systemic. It’s pure, unadulterated panic. It’s a reaction to years and years of built-up hype and bullish sentiment driven by easy money. This is a sentiment collapse. The coronavirus and the oil price war are just excuses driving a correction. We all knew it’d come sooner or later.
At the end of this panic selling, we’ll find a market with much more reasonable price-to-earnings ratios. We’ll find more opportunities for growth. We’ll find that the companies we’ve held on to — those well-run firms in mega trend markets — will recover just fine.
And since you’re reading Great Stuff, you’ll have the cash on hand to take full advantage of the situation when the market rights itself — sooner rather than later.
So, hang in there. Keep reading Great Stuff and BanyanHill.com. Remember: This too shall pass.
And if you need some reassurance or a good laugh in the meantime, you can always check Great Stuff out on social media: Facebook and Twitter.
Until next time, good trading!
Regards,
Joseph Hargett
Editor, Great Stuff
0 notes
silverbible · 5 years ago
Text
Time to Go Defensive Due to Rising Geopolitical Risks?
The US and Iran tensions have risen since the China trade war. We’ll have to see how Iran retaliates to the latest warnings from the US. However, broader markets could take an ugly turn amid growing uncertainties. Notably, we’re in the 12th year of the bull run. Broad market indexes are close to their all-time highs. The S&P 500 (SPY) and the Dow Jones Index (DIA) have risen almost 29% and 22%, respectively, in the last 12 months. The markets could make new highs or there might be a market downturn. Defensive investments might come into focus again due to increasing geopolitical tensions.
Defensive investing
Investors can’t expect sizable returns from markets all the time. As a result, investors should rebalance portfolios for market downturns. Defensive investing involves taking a conservative approach and investing to minimize the risk of losing capital. One of the best ways to avoid risk is holding on to cash. However, cash wouldn’t generate any returns for the investor. Cash would lose value over the years due to inflation. As a result, investing in safe-havens like gold and bonds could be a form of defensive investing.
Dividend stocks: Utilities
Utilities generally have stable earnings and cash flows. Their cash flows aren’t as vulnerable to business or economic cycles. Notably, due to their earnings stability, they offer steady dividends as well. Utilities could be an effective hedge in case of a market downturn. Also, utility stocks are slow-moving stocks and can be useful for low-volatility portfolios.
Currently, utilities at large offer a dividend yield of 3%, which is higher than broader markets and the ten-year Treasury yield. They’re perceived as bond substitutes due to their stable dividends.
Also, utilities pay a large portion of their earnings in the form of dividends to shareholders. Interestingly, US utilities have an average payout ratio of approximately 70%. Their dividends play a huge role in driving shareholders’ returns over the long term.
Top regulated utility Southern Company (SO) has one of the longest dividend payment histories among its peers. The company has increased dividends for the last 18 consecutive years. During the financial meltdown in 2008, Southern Company stock stayed relatively strong. When markets and other top tech stocks halved in value, Southern Company returned -11%. The company continued to increase dividends during the catastrophic financial crisis. To learn more, read How Southern Company Stock Has Done This Decade.
Consumer staples also provide an effective hedge amid a market downturn. Companies like Coca-Cola and Walmart have earnings that are less dependent or not dependent on economic cycles. Walmart offers a dividend yield of 1.8%, while Proctor & Gamble yields 2.4%.
REITs could be another form of defensive investing with relatively higher dividend yields. Currently, the Brookfield Property REIT and the Medical Properties Trust offer a yield of 7.3% and 5%, respectively.
Precious metals
Geopolitical tensions between the US and Iran have uplifted the traditional safe-havens—gold and crude oil. Investors look to gold when broader markets turn volatile. Interestingly, commodities have a low correlation to equities. For example, gold had a correlation of 0.07 with the S&P 500 in the last decade. If a broad market falls by 1%, gold will only decline by 0.07%.
According to Goldman Sachs, gold is a better hedge than oil given the latest geopolitical tensions, as reported by CNBC. Gold has started 2020 strong amid investors rushing towards safe-haven investments. Recently, gold prices reached a seven-year high. Gold prices are trading close to $1,567 as of 8:00 AM ET today.
Investing through an ETF like the SPDR Gold Shares (GLD) could be a convenient way to get exposure to gold. Gold mining stocks also have a moderate positive correlation to gold prices. The VanEck Vectors Gold Miners ETF (GDX) offers exposure to gold miners globally. GDX has risen almost 37% in the last 12 months.
Barrick Gold and Newmont Goldcorp have risen 41% and 25%, respectively, during the same period. Read Could 2020 Be Even Better for Barrick Gold? to learn more.
Silver has also been shining brightly for the last few months. Overall, silver rallied approximately 40% in the last 12 months. The top stocks that have large exposure to silver are Wheaton Precious Metals and First Majestic Silver. The stocks rose more than 50% and 85% in the last 12 months, respectively.
Notably, investing comes with a risk and no portfolio could be perfect. There are times that a defensive portfolio could outperform or sometimes cash could be the king. However, a well-diversified portfolio could be more durable amid market volatility.
from Time to Go Defensive Due to Rising Geopolitical Risks?
0 notes