A Word From Bob

As Seen & Heard

Contact Us

rss

Invest Yourself

The FREE Investment Newsletter That Really Works!

Free Investing Newsletter Bookmark

Good evening all, welcome to this edition of the free investment newsletter. Today we're talking about Norway and their enormous sovereign wealth fund, and the fact that they've been directed to increase their stock holdings to a whopping 70% of their holdings. 

Think about that for a minute. When you buy a stock, you're worried about the price, the "value" the P/E, etc. When these guys buy this is what they say, and I quote " We don’t have any views on whether the market is priced high or low, whether bonds and stocks are expensive or cheap,” he said in an interview after presenting second-quarter returns in Oslo on Tuesday.

 

Well there you have it. This guys going to be buying 275 million a day in stocks, and he couldn't care less if the stocks are overpriced or not. Unreal.  

 

Then in the market section, we talk about the "levels" we'd need to see to continue thinking we have more highs coming. We put out the specific numbers we're watching.  Give it a read, it's valuable stuff. 

4.8.2015 Financial Intelligence Report Bookmark

The End

Pretty harsh words they are…”the end”.  It usually means you’ve finished the movie or finished the book. But it also means you’ve finished “something” and in our case the something is the great Nixonian error of “let it be”  fiat money.  The end of that particular experiment is indeed nearing its end.

One of the issues that a person like myself has is that because we are not “widely” known, my voice has little sway over public opinion. If you’re a TV star, or movie star, or basket ball player for the Heat, anything you say will be followed by a tremendous amount of people “backing you up”.  The most obvious examples of that are fashion trends. When a few Hollywood “A” lister’s started wearing “ugg” boots for example, there was such a public rush for them, the company “ran out” and had to increase production by over 400% to keep up with demand.

Social Media

Bob Recommends