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Remember to drive an ocean liner and not a speed boat!

Big Al
October 9, 2014

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Discussion
34 Comments

    Triple digit moves……………..FRONT RUNNING All suckers welcome………..

      BILL GROSS leaving was a sign the BOND MARKET IS OVER……………

        Oct 09, 2014 09:52 PM

        HA HA HA ! YES ! J…..THE LONG …….OOTB !

        Oct 09, 2014 09:00 PM

        Not quite yet, J — but Gross has made clear for some time that, in the end, he expects a “lite” version of what we had in the 1970’s; and that was good for commodities, so-so (or pretty darn good in some cases) for stocks if you were in the right place, and butt-ugly for bonds, I agree. But it is more likely first that the 10-year Treasury challenges its all-time low near 1.4%

        Oct 09, 2014 09:02 PM

        Please explain how Bill Gross leaving one fund company to go to another has anything to do with the bond market being over?

          Bill Gross was PIMCO………..

            besides,,,,,bonds have been a looser for 10 years……….ever figure out the rule of 72 , and figure if bonds are a good investment……at 1.4% …it only takes you 51 years to double your money…….

            Oct 09, 2014 09:11 PM

            Well Jerry, I hate to tell you this but Bill Gross was not the bond market.

            And excuse me. I have been in bonds for over 20 years and I can tell you that bonds have not been a loser for the last 10 years. What is this little 1.4% you are quoting? My returns on bonds for the last 10 years are over 5%. I think you are a little confused and are quoting the 10 year return on money market funds which is about 1.4%. And please do not try to say that inflation for the last 10 years is over 5% so I really did not make any money. My personal average rate of inflation for the past 10 years is around 3%. And having some bonds as part of a diversified portfolio is beneficial even if they do not give you the highest returns over the long-term. They reduce the volatility as measured by the standard deviation and also reduces the maximum draw down of you portfolio.

          Well good deal for you……it only took you 14 years to double your money…….at 5%,

            Loaner or owner…………I think they call that………..

            Oct 09, 2014 09:50 PM

            Jerry,

            I know that everyone’s goals and expectations are different here. I, myself, do not need to make much money to be comfortable so trying to achieve high returns is not first on my list. Achieving a decent return that is more than the inflation rate with low risk is. Other people like yourself would not be satisfied with that. But FYI, I have in the last several months reduced my bond holdings to less than 50% from being almost 90% and increased my physical PM holdings to 15% from about 10% and will continue to add more as long as PMs look attractive .

            J M…. thanks for the reply……….Low risk……………is not the same as NO RISK………all bonds have risk, I just do not care for a low return of capital, nor do I wish to risk any money with others in charge.
            What was true of the past , is as they say…..No guarantee of the future returns.

            Oct 10, 2014 10:55 PM

            Jerry,

            So what do you suggest? 100% in physical gold and silver along with stocking up on food, water, guns. That is about the only things I can think of that you would be in.

        Oct 09, 2014 09:59 PM

        JERRY…….So BILL is no longer grossly bonded with the market…..well well well.

    Oct 09, 2014 09:08 PM

    Geez, I thought we can only see such volatility in gold market

      Oct 09, 2014 09:13 PM

      The Manipulator play white TRILLIONS day are crazy ! Day distroy the free and all the markets insanety !!!!!!!!

    Oct 09, 2014 09:31 PM

    CANT GO WRONG WITH THIS GUY:…:)……http://mcalvanyweeklycommentary.com/inflationandgold/…David has his……..stuff together!! All the best

      Oct 09, 2014 09:31 PM

      Enjoy……….and LEARN!…:)

      Oct 09, 2014 09:12 PM

      I’d rather ask my dog for advice than follow anything that clown has to say….how about posting audio’s of those that have called the market correct since Sept 2011….omg!

        Oct 09, 2014 09:16 PM

        I DIDNT say he calls the market…

          Oct 10, 2014 10:30 AM

          I really enjoy David M’s podcasts,
          But always follow the money trail,
          He sells metal.
          Caveat Emptor.

            Oct 10, 2014 10:47 AM

            Yes, David does sell metal.

        BOW WOW…………………….got any experts……………..

    Oct 09, 2014 09:03 PM

    SD…You got that wrong….its learn & enjoy……That’s why I read the KAMA SUTRA……
    7 times.

      Oct 09, 2014 09:44 PM

      OOOPPPPSIE!

    Oct 09, 2014 09:54 PM

    Nobody cares, but I have been saying this for quite some time, we are the first species to engineer our own demise and now Stephen Hawking and Elon Musk agree.http://www.vanityfair.com/online/daily/2014/10/elon-musk-artificial-intelligence-fear

    MARKET CALL………..DOW IS going down by at least 300pt……today

    NEWSFLASH…………..OBAMA, is sending in troops to DALLAS , TX. the sheriff, and deputy……got a case of EBOLA…………this is premature news, and just a pipe dream of Obama, pre election planning to stuff the ballot box……………………..

    bj
    Oct 09, 2014 09:03 PM

    The bond market rally will be over when the Fed and EU central bank stop buying gov’t debt–and as you suggest that ain’t going to happen. Germany is already having fits over what the EU Central Bank is doing, but oh well…..

    I’m guessing QE to infinity for both with the Fed and the EU–and Japan doesn’t want a strong currency either. So they take turns debauching their currencies in round robins where each can argue they have a strong dollar, then euro, then yen, then round and round they go debauching the world’s major currencies.. If they had any integrity they’d defend their currencies, but what profit is there in that for the money handlers at the door of the temple.