Easier said than done, but those who manage to break from the prevailing public perception of equit

As stock prices have gone up, more and more abandoned his pessimistic stance and blivt optimists. handwarmer mug How could it be so? It ought to be the other way around, you would think, especially since the higher rates strides the more dangerous it becomes.
In January handwarmer mug 2000, the vast majority of analysts are negative for gold. The gold was then at $ 260 per ounce. One of the world's major gold producers made it clear that they intended to hedge half of all production, if that gulpriset would fall further.
Is not that remarkable! When gold was low, and could hardly sink lower as hedges pundits against further price declines, and now that optimism increased and the price has gone up by more than five times, so take a leading gold producer removes all price drop protection.
The reason that this reasoning is backwards, associated with herd mentality. As early as 1954 wrote Humpery B. Neill that we are unconsciously influenced by what is happening right now. If strong optimism prevailing in the market, they are rate driven and forecast-raising arguments are the most popular and acceptable. Pessimism and questioning pushed aside.
It can therefore fashion in how to think about stock trends, and it's easy to get starting from the current position. This herd behavior makes us feel safe and secure. Similar handwarmer mug group behavior noticeable in fashions in clothing, tattoos, opinions, technology.
I think you should avoid simply extrapolating the course development that now dominate, and think that most. Better then that from what we can observe in the present, trying to draw sensible conclusions, which might not conform to the currently popular end lines.
Easier said than done, but those who manage to break from the prevailing public perception of equity context are usually the ones who win the most. I think that now that gold prices are at record levels, one should not be fooled and think that this is so safe that it no longer needs to be hedged.
You have written a lot of blogs and analysis then you reggade in May 8 ax, but your portfolio is all evenly to "1 million" in your ai. Have very, it has increased since then '. All your wisdom ought to turn out heavily in your portföljutv I mean ... Login or register to post comments
When the price of gold is low, it is often about survival and then forced one to hedge in order to be sure of survival. With high gold price so do many big wins and then has not the press that you have to hedge. However, I would guess that some will hedge if the price falls to a certain level, a variation on stop loss. If you make big profits and have good margins and have a strong belief in the rising gold price, I think it is an economically handwarmer mug rational behavior. Login or register to post comments
Most people think of course that gold priet will rise, how you turn on the world economy, handwarmer mug inflation will take off. The dollar handwarmer mug will obviously take a beating gold will go even higher with a downward adjustment in the short term. Login or register to post comments
That's common knowledge that gold has negligible industrial value, in all cases with the exception of the jewelery industry. In other words, no fundamental demand for gold outside the jewelry industry.
Egentlige we might as well have rare shells as jewelry or safes heater. Both gold and rare shells've used before as payment and have the same characteristics in that they have negligible industrial value, in all cases with the exception handwarmer mug of the jewelery industry.
The same or similar reasoning can obviously be regarding "regular" money. However, there is the difference that the value of "regular" money usually guaranteed or backed by a state, statehood or authorities who wish to, have to, or are supposed to guarantee the value of money. handwarmer mug There is also the difference in the value of money would have a political dimension that makes powerful political forces have also the strong interests of some currencies do not change the value anyway. A good example is enough U.S. dollars, which seems to be a textbook example of a currency that should fall properly. However, as China has huge assets handwarmer mug in dollars (such as U.S. government bonds) and would probably unwillingly that the value of these holdings fall by 10's of%. EU and Europe but also others have political interest to the U.S. and its companies are not trying to devalue its way out of its crisis. It can thus be near enough a whole world of interests in different ways counteracts the rapid and sharp drop in the U.S. dollar and it can obviously handwarmer mug be significant. Personally I believe, however, that we can still see a U.S. dollar falls, though so slow that it becomes politically and socially manageable.
Gold on the other hand what I understand no protégés like the U.S. dollar probably has. The current rapid uppgån