Tag: fear

Love. Fear. Inflation. A Precious Metals’ Trifecta

Love. Fear. Inflation. A Precious Metals’ Trifecta

By David Smith, Money Metals Exchange Going forward, there are – and will continue to be – three primary drivers of global physical gold (and silver) demand. During certain times in the past only one or two of these elements provided most of the momentum. However, as we move into 2019, and for possibly the next 5-10 years, all three will be in play. They will operate synergistically to consistently motivate increased precious metals’ buying around the globe. This will happen, even as meeting that demand with sufficient new supply becomes problematic. The term “synergistic” is used here on purpose. By definition, it relates to “the interaction or cooperation of […]

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A Short Course on Fear and Greed: Successful Investors Wrote the Book

A Short Course on Fear and Greed: Successful Investors Wrote the Book

Are you a millionaire yet? Me neither. We might have been by now, had we better understood the finer points of “fear” and “greed” during our investing lives. “Greed, for lack of a better word, is good,” said fictional corporate raider Gordon Gekko, played by Michael Douglas in 1987’s “Wall Street.” The quote became a rally cry for the 13-year stock market surge following the October ’87 crash. Fear, on the other hand, can be just as influential in charting investments. “I have only two positions right now – cash and fetal,” wailed investor Jeff Mackey, staring wide-eyed into CNBC’s cameras on October 2, 2008. The subprime mortgage crisis was […]

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