A Look Back at Your 2011 Predictions, and Happy New Year

December 31, 2011

Happy New Year. Fasten your seatbelts for what promises to be a very exciting, and perhaps world altering 2012. But before we look forward to 2012, let’s take a walk down memory lane, to see how readers of Buy-High-Sell-Higher.com did in predicting 2011 year end numbers. One year ago I asked you for your predictions [...]

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Submit your predictions for 2012

December 24, 2011

Merry Christmas Eve. In a separate blog I have posted my thoughts on GLD vs Gold, so if you are interested in my thoughts on paper gold versus physical gold, please click the link. This post is about our 2012 predictions contest, for which I offer no prize; you simply get the satisfaction of knowing [...]

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GLD – SPDR Gold Shares vs. Physical Gold

December 24, 2011

What’s better: paper gold, like GLD – SPDR Gold Trust Shares, or physical gold? On the surface, the question is relatively simple. The SPDR GLD Trust holds over 40 million ounces of gold, so by buying GLD you are buying paper backed by physical gold. The advantage of paper gold is that it’s very easy [...]

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Two Announcements, and Beyond That, I’ve Got Nothing

December 17, 2011

As we careen towards the end of the year, I’ll start with two announcements: First, as I have done for the last three years, I am happy to give each of you the opportunity to make your predictions on where gold, and the Dow, will end 2012. Next Saturday, Christmas Eve, I’ll post the e-mail [...]

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Pumping Air Into a Flat Tire

December 10, 2011

The Dow was up 186 points on Friday, and now sits comfortably above the psychologically important level of 12,000, so all is good, right? Nope. All is not good, because since the high for the year of 12,810 on April 29, we have experienced a series of lower highs (as indicated by the horizontal red [...]

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Full of sound and fury, signifying nothing

December 3, 2011

Tomorrow and tomorrow and tomorrow, Creeps in this petty pace from day to day To the last syllable of recorded time, And all our yesterdays have lighted fools The way to dusty death. Out, out, brief candle! Life’s but a walking shadow, a poor player That struts and frets his hour upon the stage And [...]

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Protests, Camping, and Grumpy Old Men

November 26, 2011

Last week I shared my thoughts on why the world is messed up. Sadly, nothing has changed. While my friends in the USA celebrated Thanksgiving, here in Canada, and more specifically Toronto, we celebrated the end of the “Occupy Toronto” protest. Actually “celebrate” is too strong a word: “oh, it’s over, okay” would be a [...]

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Why the World is Messed Up

November 19, 2011

I am starting to think that the world is even more messed up than I thought. We all know the financial world is messed up. The Euro Zone is crumbling. U.S. debt will probably be downgraded, again. Syria is sliding into civil war (but don’t worry, there’s no oil there, so the world won’t be [...]

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Gold Seasonality: Time to Buy Gold?

November 12, 2011

Now that we are through the mathematically interesting but practically unimportant 11/11/11, let’s talk about a statistical anomaly that is more relevant: gold seasonality. (For those of you who missed it, 11/11/11 brought out all sorts of math nerds. My two favorite items of “11″ trivia: If you multiply a series of ones by a [...]

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Canada: First Country on the Gold Standard?

November 5, 2011

Is Canada really on the gold standard? No, not officially, but it’s quite possible that it could happen in a de facto sort of way. Here’s the story: The Royal Canadian Mint, owned and operated by the government of Canada, is issuing a $250 million Initial Public Offering of Exchange Traded Receipts backed by it’s [...]

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