Saturday, June 21, 2014

Two weekend reads

Here's two things to ponder this weekend:

New Deal Demoncrat - weekly indicators. Real M1 and real M2 are both strong, and rail is exceptionally strong. You'd want to invest in the US stock market right now if it were not for:

PS Dave - 'tis the season to make money on gold miners. Wherein we are shown this chart:

Even in a down year (like the last three) you can turn a 40%-60% profit in the junior golds in three months. Hey, looks like you even get a down period in August to reload before the final leg up!

So screw the US market: go all-in on the junior golds for a couple months, keep an eye on the short-term EMA and sell on the violation if you want to get cute, load back up in August, sell at the September peak, and viola!

Hey by the way... I wonder if this "seasonality" business has anything to do with India?

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