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
Rising Interest Rates: Never Say Never
Well Gary, I would just ask this question... what, in this market, is proof? See Wonderland, which I just published. www.talkmarkets.com/content/wonderland?post=99867. The point being that we have scores of indicators that normally don't align doing just that right now. In a dysfunctional system I don't think there is proof. But what I do see for sure is the 'prices paid' of US manufacturers rising, the Semi Equipment sector firming a now 3 month trend in increasing bookings, a US jobs report that made a comeback as expected and the Fed acting like it is September 2008, which is off base, i.e. behind the curve. Also, I have used Larry Summers as a wonderful contrary indicator for years. I neither trust nor respect him.
Rising Interest Rates: Never Say Never
Ditto. We are in a hysteria phase in bonds now. The thing about hysterias though, is that they are impossible to call re. a top. I suspect that watching TIP vs. TLT or the Fed's 'breakeven' spreads will give a clue when inflation is about to begin eating away at bonds.
What Is Gold?
Gold would be transitional in a change of systems. There will not be a real or enduring change to a gold standard. Gold is simply a counter balance and its value is measured as to what it is not, which as you noted is a financial(ized) asset. It is not a potential liability. Jewelry or industrial uses are minor related to gold's value as a portfolio counterweight.
Keep Gold Bug Dogma On A Leash
nftrh.com/.../3d-systems-barrier-future-losses/
Keep Gold Bug Dogma On A Leash
The thing in markets is that we have to learn to grow out of those habits. I remember I was the same way back in the 90's with certain tech stocks. You simply could not tell me that optical networking was not the future. Well, it was. But it was also a low barrier to entry business and highly competitive.
The latest example was the 3D Printer craze. I wrote an article called 3D Printing; No Barrier to Future Losses for Investors. DDD then went from 93 to 6 bucks. I had lots of negative comments (at other site where it was published) on that from 3Dp defenders.
Keep Gold Bug Dogma On A Leash
Absolutely Louis. Well put. I used to get hate mail, but now I think the hard core bugz just think 'oh him again... '. The thing is, bashing the "community" became hip in the bear market. So I tried to ease up. But esp. during a bull we need measured discussion because people seem to lose their minds with this asset for some reason.
Keep Gold Bug Dogma On A Leash
Thank you Patrick. I was actually preparing for negative incoming. :-(
Keep Gold Bug Dogma On A Leash
If an insurance policy becomes a 10 bagger we have bigger problems to worry about than the markets. What I don't care for is how the "community" professors monetary soundness, but is actually among the sectors that displays the most casino mentality. Always about the price gold is going to or the prices stocks are going DOWN to. Emotion has no place in market management. That said, I am a gold bull. Just a sedate one.
How Do I Turn Off All The Noise?
TLT has IMO blown off. Also, a good chance that TIP-TLT has blown off to the downside, along w/ inflation expectations. Silver is on the verge of breaking out vs. gold. It all ties together. The world is huddling in Treasury and gov. bonds and the play is going the other way. Turn off the noise!
How Do I Turn Off All The Noise?
I really like your article's title and premise. Tuning out the noise is Thing 1 when it comes to a volatile and confusing market. Brexit IMO may have provided an (!), which often lead to new market phases.