Gold & Precious Metals

Swiss gold fund manager Egon von Greyerz tells King World News today that Swiss banks are obstructing their clients trying to remove gold to private vaults. Von Greyerz adds that gold’s downtrend is over and its uptrend will accelerate soon. The World Is Now On The Edge Of A Massive Collapse Egon von Greyerz warned King World News that the world is now on the edge of a massive collapse. Geryerz also cautioned investors that banks are now making it harder for their clients to get physical gold out of the banking system.

Australia’s ANZ bank is the latest to open a gold vault in the Singapore Freeport area next to the city state’s Changi airport. Other recent vault builders there include Deutsche Bank and JP Morgan, while Switzerland’s Metalor has one under construction and due to open in a couple of month’s time. Together with new gold vault openings in Hong Kong this is yet another outward sign of the continued flight of gold from West to East, although the vaults are also servicing western precious metals investors seeking safe, and relatively low cost vaulting facilities outside of the traditional depositories in the U.S. and Europe. Now either the Western bullion banks have misjudged the power that gold still retains in the global psyche and as a key financial instrument, or the Asian investors and governments, which are continuing to accumulate gold at a high rate, have got it wrong.

 

http://www.gata.org

As you may know, the emerging market (EM) currencies have been crushed over the past year, some over the past two years.  Some appear to be interesting setups now.  Below are two: 1) Euro-Turkish lira (EUR/TRY), and 2) US$-Brazilian real (USD/BRL)…you may want to place these on your radar screen for potential opportunities. 

Please click here to view the issue with charts

Regards,

Jack Crooks

Black Swan Capital

Stocks, Bonds, or Short? – The Million Dollar Question

Posted by Chris Ciovacco - Safehaven

on Thursday, 15 August 2013 13:54

In the 1990s, tech stocks were the place to be. After the dot-com bust, those who placed their money in bonds or shorted stocks did very well until October 2002. The winning asset class between late 2002 and October 2007 was stocks. History tells us picking the right asset class buckets is extremely important in the quest for satisfying investment returns.

30788 a

Limited Capital To Allocate To Buckets

With central banks around the globe skewing the prices of stocks and bonds via artificially low interest rates, it is harder than ever to make allocation decisions.

30788 b

….much more HERE

The Rally Isn’t In Trouble Yet

Posted by Kevin Flynn - Seeking Alpha

on Thursday, 15 August 2013 13:36

I would guess that the most popular question I see circulating in the investor community of late is, “are the wheels about to come off of this market?” There are varying motivations behind the concern, from those anxious to protect a good year, to those who would like to catch up to that good year, and finally those doubting Thomases who have not yet been able to bring themselves to believe. Somewhere to the right of that group is Peter Schiff.

The answer largely depends on two things, the first being the time frame you mean by “about,” as in “about to come off.” The second depends not so much on your faith in capitalism, but on government institutions. That must sound like deep heresy indeed, yet I encourage you to read on, for you may find grist for your mill.

….read more HERE

Screen Shot 2013-08-15 at 6.37.55 AM

Jim Rogers: Become a Successful Investor

Posted by Jim Rogers - Jim Rogers Blog

on Thursday, 15 August 2013 13:08

The Way You Become A Successful Investor

“The way you become a successful investor is by investing only in what you yourself have a wealth of knowledge about. Concentrate on what you know… you will see a major change coming long before anybody.” – in Bangkok Post 
 
READ JIM ROGERS BLOG HERE –  http://jimrogers-investments.blogspot.ca
 

Reasons To Short India

“I used to own tourist companies in India at a time. India should have had the greatest tourist companies in the world. If you can only visit one country in your life, my goodness, it should be India—it is an astonishingly spectacular place to visit. There is no place that has the depth of culture that India has. Yes, I have new reasons to short India—just read its newspapers everyday and you will see why.

The government goes from one mistake to another—no matter what the controls are, no matter how much the debt keeps rising, Indian politicians are only looking for scapegoats. Look at the latest thing with gold—Indian politicians want to blame the problems of their economy on someone else, and now it is gold. Gold is not causing India problems, but it is quite the contrary. Exchange controls in India are absurd, the regulations that India puts in place result in foreigners going through 70 loops before they can invest in India. Foreigners cannot invest in commodities in India.

India should have been among the world’s greatest agriculture nations—you have the soil, the people, the weather, but it is astonishing that you have not become one—it is because Indian politicians, in their wisdom, have made it illegal for farmers to own more than five hectares of land. What the hell—can a farmer with just five hectares compete with someone in Australia or Canada? Even if you put together the land in all your family, it is still not possible to compete. Much as I love India, I am not a fan of its government. Every one year, they (Indian government) come up with more reasons for me to be less optimistic about that country.” – in Live Mint 

Related ETFs: iShares MSCI Emerging Markets (EEM)

images.jpeg

 

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.

test-php-789