Thursday, May 29, 2014

3% interest rate 'to be the norm'

3% interest rate 'to be the norm'

https://uk.news.yahoo.com/3-interest-rate-norm-130318920.html#gqzudv7



That's assuming the market shares the same sentiment when the time comes, sir.
Market > central bank.

Roubini vs Schiff

Schiff vs mainstream economist Roubini.
This must go into the next "Peter Schiff was right" compilation.

Laughable

Roubini vs. Schiff: Who's "Doomier" on US Economy?

http://www.youtube.com/watch?v=32YoHO2pduY

Russia dumps US bonds

Russia dumps a record amount of US treasuries and buys more gold.

http://www.zerohedge.com/print/488737

Sneaky tactics or inflation?

No worries bond traders. There's no inflation.

Analysts see it as 'sneaky tactics', I see it as inflation.


Supermarket Shrinkage? It's Not Your Imagination, Experts Say

http://goldsilver.com/video/supermarket-shrinkage-it-s-not-your-imagination-experts-say/

Soros bought gold

Soros Fund Management LLC increased its stake in Barrick Gold Corp, the largest producer, in the first quarter and also bought more shares in the Market Vectors Gold Miners ETP.

Hasn't the "ultimate bubble" burst already?

US Interest Debt

The national debt tripled in the past 20 years, to almost $18 trillion now. Yet, interest payments stayed roughly the same. As alluded to before, this is the real reason why the Fed prints tons of money: to keep the government afloat. Government bonds has had its 30-odd-year bull run. What happens when interest rates double or triple?

Friday, May 9, 2014

Russian Stocks

Finally got myself some Russian stocks today, through an ETF.


EDIT 20 Mar 2015:
Wow, some guy from youtube actually looked through my blog and told me that I bought RSX on May 8th,2014. So I presume he saw this particular post. I argued against him in the past. I thought I was done with him. But today he emerged again to insult me. It seems like he has been trying to find faults with me. I do have many faults, but he is pointing out this particular "fault" in this particular post. Should I be honoured that he is putting in the effort to discredit me? He said that I bought RSX on May 8, 2014 and that it was "down 32% in less than a year".

Ok, I should have put in more effort to write my blog. But since I did not expect people to read it, nor am I promoting it like other bloggers, I did not put in the effort. He assumed that I lost big. But in reality, I bought only 2 lots, because I was testing my new broker. And I told him that my main purchase was updated here: http://silvernjin.blogspot.sg/2015/02/portfolio-update-2.html

And oh, about those 2 lots, Check it out. It is a good thing I took a screenshot of it back then, because right now I cannot access my transactions online which are more than a month old:
It sure hurts to lose those couple of bucks! :)
 
Web Statistics