Australian (ASX) Stock Market Forum

What financial websites do you find invaluable?

Explod, I get immediate warning bells ringing when I go to a web page like the one you pointed to above, that compares apples with oranges on the front page...

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Comparing the performance from the high in the DOW price to the rise from the low in the Gold price is bizarre. How about comparing the high in the Dow from 1980 to now with the performance of Gold from the high in 1980 to now? That would show that the Dow outperformed by a factor of 10! Probably does not sit with the parameters the author is trying to guide his flock towards.
 
Explod, I get immediate warning bells ringing when I go to a web page like the one you pointed to above, that compares apples with oranges on the front page...

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Comparing the performance from the high in the DOW price to the rise from the low in the Gold price is bizarre. How about comparing the high in the Dow from 1980 to now with the performance of Gold from the high in 1980 to now? That would show that the Dow outperformed by a factor of 10! Probably does not sit with the parameters the author is trying to guide his flock towards.


Unlike most this author lays it out so that you learn to guide yourself. I have never ever witnessed him make a recommendation or to indicate how to think and he is also politically neutral. Proper education at the academic level and the sleezy world of so called financial advice are very different animals.

Have you read one of his comprehensive 12 page newsletters.

If not, do so, its free, then speak

And if you were savvy you would in fact see the correlation, they both relate to value. But the story of them in tandem is a story well worth understanding as a measure in the mind, but too much for this space. DYOR
 
Have you read one of his comprehensive 12 page newsletters.

Why would I need to bother? I already pointed out why it is all irrelevent to me, comparing apples to oranges on the first page is more than enough.

Why do you need to follow a guru's opinion on matters, rather than look at facts to make up your own mind?

All newsletter writers with subscriptions need to continually make up opinions on matters, so they have something for the followers to digest. Some form their own opinions and invest accordingly others choose to follow some other expert, each to their own.
 
Why would I need to bother? I already pointed out why it is all irrelevent to me, comparing apples to oranges on the first page is more than enough.

Why do you need to follow a guru's opinion on matters, rather than look at facts to make up your own mind?

All newsletter writers with subscriptions need to continually make up opinions on matters, so they have something for the followers to digest. Some form their own opinions and invest accordingly others choose to follow some other expert, each to their own.

Agree mate.

I used use, back in the 80's I think, Rene Rivkin's brokerage and developed a relationship of sorts with a bloke called Ray.

Anyway, many years ago, the AFR came out one morning saying that Rene had advised his "big" clients to sell RIO and buy BHP.

So I called , this was before internet trading, and Ray was pissed, This was about 9am Sydney time. He had been to the regular meeting of Rene's geniuses and hangers on. I had helped him on a problem with his motor, the day before, and probably because of that he advised me to buy RIO and sell BHP, as in his own words, they had sent out a bull**** fax the night before to their big clients and the AFR, as they needed to ,make a quid on an overhang of BHP they held.

I made a tidy profit from it all, due to Ray being pissed and me knowing about Bentleys.

gg
 
Why do you need to follow a guru's opinion on matters, rather than look at facts to make up your own mind?

You continue to miss the point.

He is not a guru, he does not give out opinions and there is nothing published in his newsletter to actually follow.

It is about the history, philosophy and current state of world economics backed up by verifiable facts.(hmmmm, which you wont get from Swannie of Stevens by the way).

A continued search for knowledge does help one make his own informed decisions.

Anyhow, and as in Cool Hand Luke "some people ya jurrst caaant reach"
 
You continue to miss the point.
Anyhow, and as in Cool Hand Luke "some people ya jurrst caaant reach"

These statements would be my opinion as well, yet I try to take an approach of looking at the subject matter only.

Please correct which of the following is incorrect about the newsletter you advertised here..

The author of The Privateer is a gold bull. On his web page the first graphic you see is the one I showed above that uses an inappropriate basis for comparison of performance, from a high to a high in the DJIA while using a low to a high for gold.

Please continue to enjoy the newsletter that is about philosophy, not opinion.

Time for me to move on from this topic.
 
These statements would be my opinion as well, yet I try to take an approach of looking at the subject matter only.

Please correct which of the following is incorrect about the newsletter you advertised here..

The author of The Privateer is a gold bull. On his web page the first graphic you see is the one I showed above that uses an inappropriate basis for comparison of performance, from a high to a high in the DJIA while using a low to a high for gold.

Please continue to enjoy the newsletter that is about philosophy, not opinion.

Time for me to move on from this topic.

If you read my first post, I was not advertising it at all. Everyone was putting in their two bobs worth on what was good for them so I put mine and you took umbridge at a graph.

The graph on the front is an update for regular members who understand its intent on informing the current situation and any movements thereof. Little different, except in time, in seeing the All Ords on the front screen of ASF.

And if you really understood where we are going with the money printing (Qe) you could well be a gold bug too. I am not, physical silver for me.

What is wrong with a gold bull? gold is real money that does not lose value nor can it be diluted nor multiplied.
 
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