Gary Tanashian of
nftrh.com and
biiwii.com successfully owned and operated a progressive medical component manufacturing company for 21 years, keeping the company’s fundamentals in alignment with global economic realities ...
more Gary Tanashian of
nftrh.com and
biiwii.com successfully owned and operated a progressive medical component manufacturing company for 21 years, keeping the company’s fundamentals in alignment with global economic realities through various economic cycles. The natural progression from this experience is an understanding of and appreciation for global macro-economics as it relates to individual markets and sectors. Biiwii.com was created solely as a way to help get the message out about deeply rooted problems with too much debt and leverage within the financial system. Our concerns were confirmed and our message proven justified 3 to 4 years later as the system began to purge these distortions, resulting in a climactic washout extending from October, 2008 to March, 2009. Yet ironically enough the URL ‘biiwii.com’ came from the old saying ‘but it is what it is’ and indeed this sentiment addressed the need to remain impartial (bullish or bearish as the situation dictates) despite personal beliefs. Over the long-term, the world changes and any successful market participant must be ready to accept changes or revisions to a given plan. Along the way, a geek-like interest in technical analysis, a long-time interest in human psychology and various unique macro market ratio indicators were added to the mix, with the result being a financial market newsletter (and dynamic interim updates),
Notes From the Rabbit Hole (NFTRH) that combines these attributes to provide a service that is engaged and successful in all market environments by employing risk management first, and opportunity for speculation second.
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Latest Comments
The 8-Year Cycle In Precious Metals
That rarest of things... level headed gold analysis. Thank you for the calm perspective on gold. As a fundamental aside, gold will only be ready for prime time (relative to most other assets) if the stock market continues to weaken. But that is not at all a given unless SPX breaks the June lows.
Chart Of The Day - Gold
Nowhere is herd mentality so prominent, pound for pound, as in the gold market.
Don’t Get Caught Without Microsoft This Earnings Season
This fits with my personal theme of larger capitalization stocks vs. small caps, with big (old) tech being right at the forefront. Not buying MSFT though, because I think it could have a date with the 200 day moving average (53's) before moving higher.
Talking Gold Stocks Short-Term Outlook With Mike Swanson
Very much agree with Jordan about the dangers of using leveraged ETFs. They should only be used with a strict time limit due to built-in price erosion.
Miners Near Exhaustion
It's a counter trend bounce until proven otherwise.
Your Attention Please: Phase Two Of The Gold And Silver Train Is Now Leaving The Station. All Aboard?
Not a big fan of such titles.
Chart Of The Day - October 18, 2016
I disagree with the author's conclusion that the odds are heavily in favor of the correction being over, but I do think that 90% of the risk has come out of the miners. HUI downside potential is to 180. That makes a good risk vs. reward with HUI having dropped below 200. To your question, I would use RING because you get free commissions with a Fidelity brokerage acct. But GDX, GDXJ are fine as well, with GDXJ having led the bull so far. Some people use leverage (I don't) and momentum trade w/ NUGT and JNUG. The problem with leveraged ETFs is that over longer holding periods their performance degrades, even if bullish.
The Flawed Logic Of Inflation
The problem though, is the old genie and bottle. At this moment, 10yr breakevens and TIP-TLT spreads are bottoming and turning up. Yield curve as well has the potential to be bottoming. But once the new trends begin - in line with the conjuring of inflation - does the genie obey and go back in the bottle when enough inflation, as determined by policy, is enough? If the market decides it's gone too far the result is usually liquidation... with extreme prejudice.
The Flawed Logic Of Inflation
I could not agree more with the author's points about what inflation is. Excellent article.
Gold Commitments Of Traders - Hedge Fund Longs Liquidate
CoT trend is only just getting started. There will be a lot of big ups and downs, but the coast will not be clear for Au/Ag until a trend in the CoT to a more contrarian bullish alignment completes.