Wednesday 15 February 2012

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2 comments:

  1. Hey Jake,

    Nice analysis and well put in layman terms. Totally agree on the your assessment on fundamentals and behavioural finance...gold is unfortunately, or not, a high beta investment these days and we'll see how long safe haven status holds prices up. Same for the USD, US Treasuries, Yen, etc...

    Anyway, I am very much a value guy but it's very difficult to be one these days...

    Best,

    Oliver

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    Replies
    1. Hi Oliver,

      Thanks for your kind comments! Yes I think there are a few "safe havens" which will be facing a steady downward slide over the next few years, the USD might get away with it because of it's reach but Government Bongs, in particular those issued by Germany, the US, and the UK have got to fall at some point - they're simply unsustainable at current levels.

      I'll do a post on value searching in the upcoming weeks, it's more difficult at the moment than it was a few years ago but that means that the rewards are greater if you get it right! Unfortunately it's mostly medium/long-term value - there's very little in the way of predictable short-term corrections coming any time soon, in my opinion.

      Thanks again for your comment and I hope you continue to enjoy the blog - and please do keep contributing!

      Kind regards,

      Jake

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