Doc and Chris talk actionable investing information
Big Al is taking it easier today, so here Chris and Doc talk about Mohamed El-Erian’s good advice of this morning, and offer some of their own specific ideas for where to find themes and VALUE in an overall overvalued stock market.
Click download link to listen on this device: Download Show
The 1% kind…………
Generally, I think El Erian’s attitude is that most are too expensive/too low yield thanks to the Fed.
I would agree……to low and has been for a loooooooooooooong time.
I use a barbell approach too, with gold and silver miners on one side and oils on the other. 4 years ago my knees buckled and my neck is trapped under the bar of the barbell. One day I hope to get back on my feet.
Lucky you’re not outright DEAD from that kind of barbell.
is that anything like getting stuck with the barbill
Yikes Bonzo. I know many people that must have been working out at that same gym : – )
At least my health is excellent, and that’s the most important thing. And my mining stocks and oils will soar again if I am patient.
Yes, I believe they absolutely will soar again Bonzo. Keep lifting that barbell!
May 2015 be incredibly prosperous for you!
Here’s a link to an, IMHO, insightful interview – about 1hr long.
https://www.youtube.com/watch?v=cyaiJpCcZdc
To give credit where it’s due, it was on Casey Research Ed Steer’s Gold & Silver dispatch today.
GL to all investing/trading.
LPG
I have a comment on real estate………but, I have posted to much already, and posting police might be hiding in the bushes………….lol
The posting police can eat your wake J….The Long. Let’s hear it on real estate : – )
I agree with Doc, that with Oil this could still be a false breakout, and I’m not chasing here overall, but completely agree that within the sector, that there are interesting stocks to pick that can do well when they report soon.
I think we will head back down to low 40s within a month.
That seems very probable Bob UK.
Thanks again Chris for picking up the baton and keeping the site running during Al’s recovery. Best to you, man. You are a great guy in my books1
Many thanks!
Again, everyone should consider V.FMG. A lot of volume today. A deal will be announced soon. A great and very early entry opportunity.
Silver?…..look out below!!!!!
Bird, would love your short, med and long term outlook on silver.
Can we just do the Meds outlook?
OK……just fooling around a little. Let me get back to you tomorrow on that, Peter. Metals are set for another leg down in my view. Avi is wrong. Be careful now is my motto but if it breaks lower as I suspect then be prepared to catch that wave down.
Reason I ask is based on your comments regarding gold a few days ago. Silver actually has thousands of uses and cant remain in the ground and serve the same purpose. Not to mention Silver fits into your preference for more sustainable solutions and enviro benefits (solar, healthcare, water treatment) however comes at the cost of mining and because it is largely a residual of Gold and others it actual is in a very unique position IMO. If gold mining stopped, they best place to be may be in Silver as Gold could still used on the basis of reserves. Needless to say I like silver more than gold.
Doc, are you still bullish on NAT? Thanks in advance.
Yes, expect a pullback here. In fact, I believe it began today.
Might be of interest:
‘Traders left adrift as oil storage trade loses its lustre’
http://www.ft.com/cms/s/0/1977c546-c639-11e4-add0-00144feab7de.html#axzz3We3UFDWc
Doc can you please identify the companies you are buying..??Others do.. Temple & Ackerman…
Thank you
I began purchasing NAT awhile back. They’ll report out their first quarter dividend in about 1-2 weeks. I believe it’ll beat out last quarter. As mentioned above, It appears from the technicals that we’re about ready to see a pullback. Awhile back, the chairman bought about 50,000 shares at about 10.50. Their last dividend computes out to about 8+% on a pro-rated basis.
NAT has had a huge run up……
Chris……..does he like bonds……..j