The Risk Is Not Worth The Reward
Jeffery Small is back on the show to express his concern over the level stocks are trading at. He points out that the equities are at the 2 highest level since the great recession and in his eyes the risk is simply just not worth the reward.
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Pots been moving up again as PMs languish…if anyone is interested.
Im guessing Doc is right and we get what we normaly do, summer doldrums.
During that time, as each passing day gets closer to legalizing…pot could be worth a look.
up another 2-24% again today.
b – that is interesting. I was looking at a few pot companies over the weekend and wondering about taking a punt on them.
My fears of a bigger dip in US markets is making me stay out currently though. I think they are going after North Korea soon.
North Korea has been deSWIFTed recently. That will slow down acquisition of war materials except from China.
I hope the movement of an aircraft carrier group is just to increase options, rather than for intended use.
What does deswifted mean?
Removed from the SWIFT banking system for international transferred payments.
The system for international financial transfers. A choke point the US dominates and uses to control other countries and punish them if they get out of line. I believe China is creating an alternative system.
I think summer doldrums will be a little different this year……….to much happening…
Yep, I moved my two UK pensions out of equity managed funds to cash in the last month. First time I have been allowed to do that so, hopefully, I will miss any crash as my pension is currently in cash.
For years my pension has been a rollercoaster ride up, down, up, down, up over which I have had no control.
Cory:
I happen to agree with most of the comments of this guest. Most people are terribly unsophisticated when it comes to money and more so, investing in stocks.
This man’s idea to get to cash and stay there until things clear up a bit will save many a lot of heart-ache. Of course, most will listen to the mutual fund salesman who says just jump in and “in the long term, stocks always go up”.
Potstocks are funny, I only follow canadian and in those I found only 2 that currently are profiting (coulda changed since last I looked tho)
But they seem to all jump/drop together, regardless of profit, talk about herdthink. lol
Can you give any details on the legalization timeline, b?
Zinc’s Bullish Narrative – Part 1 – A Look At Supply
April 10, 2017
Brian Leni P.Eng – Founder – Junior Stock Review
http://www.juniorstockreview.com/2017/04/10/zincs-bullish-narrative-part-1-a-look-at-supply/
Crime of the day…………….30,000 oz.of SILVER are in a tomahawk missile……x 59 missiles, that is a lot of missing missile money
2205 tons………gone in tomahawk war fare since 1991……….
see CFS note…….he seems to think it is less…………
Gold looking good today………up $12
I am sick and tired of people that naively believe that decreasing tax rates causes a decrease in total tax collection.
It may cause a decrease in tax collected in the immediate period, right after the rate reduction, but this has historically been shown to be only for a short period of time.