Your writing is entertaining on top of being very insightful. I always look forward to your Monday and Friday releases. Thanks for taking your valuable time to educate the masses...OK maybe not masses but at least those of us who care.
Excellent post. Thank you for interpretting the news this week. My financial weakness is bonds and banks so I always look forward to your views on the banking sector. The energy sector is crashing sooner and harder than I expected. The summer driving season should send oil ripping higher by the fall. I am thinking in 6 to 8 weeks it will be time to start wading back in the oil sector. I am hoping for a nice correction in the oil royalty companies of KRP and STR. I am thinking that in 6 to 8 weeks they will be cheap enough to pay a 15% dividend by next year; not bad. Gold is going up too fast. I expect gold to correct below 1800 after it hits 2000 if the Fed raises rates 0.25 next week. If the Fed doesn;t raise next week, will be curious to see where gold trades. If the Fed pivots now, inflation will be ripping much higher by next year. Outside the technology sector, the overall economy is still fundamentally intact.
Thank you for Today's write up, Mr. Hay. While you are certainly correct in thinking that endless Financial Authority contortions will eventually crater the entire System, I still can't help hearing the timeless admonition from one Samuel Clements ( or was it John Maynard Keynes?) who wisely stated that the Markets (All of them including Money) can remain irrational far longer than you can remain solvent...Unfortunately, the demise of the U.S. Financial System at the hands of so-called "Educated" Individuals will be cataclysmic (got Gold?). But, We were never meant to know the Future so when this event transpires is anyone's guess. Until then, Have a Beverage of your choice and enjoy the Weekend, All...
Your writing is entertaining on top of being very insightful. I always look forward to your Monday and Friday releases. Thanks for taking your valuable time to educate the masses...OK maybe not masses but at least those of us who care.
I second James comment - you’re never too old to learn and never to old to learn from those smarter in a given field - Ty Haymaker
Excellent post. Thank you for interpretting the news this week. My financial weakness is bonds and banks so I always look forward to your views on the banking sector. The energy sector is crashing sooner and harder than I expected. The summer driving season should send oil ripping higher by the fall. I am thinking in 6 to 8 weeks it will be time to start wading back in the oil sector. I am hoping for a nice correction in the oil royalty companies of KRP and STR. I am thinking that in 6 to 8 weeks they will be cheap enough to pay a 15% dividend by next year; not bad. Gold is going up too fast. I expect gold to correct below 1800 after it hits 2000 if the Fed raises rates 0.25 next week. If the Fed doesn;t raise next week, will be curious to see where gold trades. If the Fed pivots now, inflation will be ripping much higher by next year. Outside the technology sector, the overall economy is still fundamentally intact.
Thank you for Today's write up, Mr. Hay. While you are certainly correct in thinking that endless Financial Authority contortions will eventually crater the entire System, I still can't help hearing the timeless admonition from one Samuel Clements ( or was it John Maynard Keynes?) who wisely stated that the Markets (All of them including Money) can remain irrational far longer than you can remain solvent...Unfortunately, the demise of the U.S. Financial System at the hands of so-called "Educated" Individuals will be cataclysmic (got Gold?). But, We were never meant to know the Future so when this event transpires is anyone's guess. Until then, Have a Beverage of your choice and enjoy the Weekend, All...