Financial

Stock Market and the Dollar

Patrick — Mon, 09 Nov 2009 22:53:46 +0000

Hi Everyone, It seems like that our government has decided to continue trash or as some people say burn the dollar with the continued irresponsible monetary policy. As it has been the case for at least 18 months, when ever the dollar burns, the US stock market is up. How much longer can this [...]

Gold bullions and coins in an IRA

Patrick — Fri, 02 Oct 2009 16:53:47 +0000

Hi Everyone, In these uncertain times, many of us have been thinking of investing in precious metals. Several people have been asking me if that is also possible inside an IRA. Here are some of the facts that hold true for any kind of IRA: Gold needs to be 0.995+ pure (24 carats is 0.999) to be [...]

Dollar and the Stock Market

Patrick — Wed, 30 Sep 2009 20:05:01 +0000

Hi Everyone, There has been an interesting correlation between the stock market and the dollar value since the markets hit their lows in March. Whenever the stock market goes up, the dollar goes down. Now this is not perfectly correlated, as the stock market has gained about 50% during that period, and the dollar is down [...]

Inflation and Unemployment

Patrick — Fri, 25 Sep 2009 20:05:40 +0000

Hi Everyone, One of the big issues that will affect current and near future investment decisions is whether we will have inflation or deflation in the near to medium future. There is little indication of what will happen soon, but I think there is one economic index to look at which currently point more toward deflation. Our [...]

My thoughts on the financial markets

Patrick — Thu, 27 Aug 2009 16:01:05 +0000

Hi Everyone, I have been advocating for some times now that I believe the markets are overvalued and that the current scenario is not sustainable. I still believe that, my timing being a little off, but there are some indications that we might have seen the market peak for the year. Let me give you some [...]

The Financial Markets

Patrick — Fri, 24 Jul 2009 16:24:38 +0000

Hi Everyone, It has been a while since I updated this blog on my thoughts on the financial markets. I have to say that I am a little surprised at the stamina of the markets, as there is no reason for the markets to perform as they are. I still believe we have more downside potential, as [...]

Finanical Planning and Societal Change

Patrick — Tue, 30 Jun 2009 19:09:30 +0000

Hi Everyone, I think it is very important when looking at the financial future and financial planning to consider where our society is going, what the trends are that might be influencing future decisions. Below is an article that is on John Mauldin’s website that describes the possible future better than anything else I have read over [...]

The Financial Markets

Patrick — Mon, 22 Jun 2009 19:51:12 +0000

Hi Everyone, I wanted to follow up on my post from last week regarding the market place. As you know, I do believe that the market has considerable downward potential so I wanted to give you some more food for thought. I am not saying that you should sell or not sell, just some more points [...]

Current State of the Markets

Patrick — Fri, 19 Jun 2009 15:36:42 +0000

Hi Everyone, I have not talked about the financial markets in a while, so I thought I give you an update of where I think we stand. I still believe that the current rally, which is about 3 months old, is a bear market rally and the market will eventually retreat back. There were some signs earlier [...]

Economic Reality

Patrick — Thu, 11 Jun 2009 19:03:21 +0000

Hi Everyone, I received the email below from a friend, just beautiful how it explains how our government does business. Cheers, Patrick Economic Reality: It is the month of August, on the shores of the Black Sea . It is raining, and the little town looks totally deserted. It is tough times, everybody is in debt, and everybody lives on [...]