Market comment: Fidelity Investments has a new advertisement on CNBC in which Peter Lynch, Vice- Chairman, states that since WWII, “corporate profit is up 60 fold and the market is up 60 fold” and “that’s why you invest in the stock market”. Well Mr. Lynch, I pity the poor fool …Read More »
Applying the paddles to the US economy.
Many of us have seen television medical dramas where the patient’s heart has stopped. The doctor grabs two paddles connected up to a machine, applies them to the chest, yells “clear” so everyone backs away, and shoots a jolt of electricity into the patient. Invariably, this is repeated a couple …Read More »
The silver market is taking off!
Market overview The silver market is taking off! Two reasons: the New York tragedy and all that it entails, and the placing in “voluntary administration” (September 19th) of Australian company Pasminco Ltd., which is the world’s largest integrated lead and zinc producer, and, according to their website, the world’s third …Read More »
In the beginning…
Hello out there in cyber land. This is the first in a series of educational essays concerning geology, mining, exploration, and the mining investment scene. I am pleased to see how many people out there want to become more savvy investors. The response to my Gold- Eagle.com and LeMetropolecafe.com articles …Read More »