The shellacking the markets took last Thursday is the most powerful warning sign we’ve seen yet that things are not what they seem in the financial markets. For lack of a better term, it’s a bearish omen, despite Monday’s recovery.
Calling what we’re experiencing a bull market is like calling the Grand Canyon a ditch.
Earlier this week (Monday), Money Morning Chief Investment Strategist Keith Fitz-Gerald appeared on Bloomberg TV to break down his method for how to invest during turbulent times.
Back in the times of the California gold rush, people didn’t need to work out how to invest in the bonanza. They simply grabbed some basic mining gear and headed up into the hills.
This is a great way to make some extra money right now.
After banking some very hefty profits for Energy Advantage and Energy Inner Circle subscribers on refining stocks earlier this year, the entire sector now is about to land “between a rock and a hard place.”
Once a high-flying place for investors to earn substantial profits, refiners have been under pressure for the last two months. But that’s actually just the beginning of what’s to come.
The Fed is taking its foot off the gas, stocks are reacting wildly to any news, and no one knows if the market can function independently of quantitative easing.
No one but Shah Gilani, that is.
Most investors have followed what the Fed’s QE policy has done to gold, but few realize its impact on oil prices.
Recently, I talked about how crude was beginning to occupy a position as a store of market value (“Why Oil Is Becoming the New ‘Gold Standard,” May 20, 2013). The development has been a direct consequence of the flight from holding gold.
It’s looking more likely that 2013 is going to be a profitable year for those who know how to invest in uranium.
That will be a nice turnaround from the past two years…
Even if you think you don’t know how to invest in currencies, you are probably already doing so indirectly.