"THE MARKET... consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Alexander Elder

Tuesday, August 15, 2017

Buying Art as an Investment

An article by James Nicholls, Managing Director and Curator, 
Maddox Gallery
see: Diversification

Tuesday, August 8, 2017

Gwen Preston Video Series, Part 2 of 3

"Take some of your money off the table..."

(Comments welcome.  See link below.)

Wednesday, August 2, 2017

Gwen Preston Video Series, Part 1 of 3

A strategic way to think about gold and the miners.
see: Get clear on your game plan

(Comments welcome.  See link below.)

Tuesday, August 1, 2017

Storage Solutions for Solar

On the grid, or at the cottage.
see: Batteries

(Comments welcome.  See link below.)

Wednesday, July 26, 2017

Saturday, July 22, 2017

The Longfellow Letter, Issue #5 (DELAYED)

A Watchlist of Interesting Stocks
Subscription: $69/quarter (3 months), Published Weekly

Disclaimer: The Longfellow Letter is not a recommendation to buy or sell stocks. Risks inherent within trading include flash crash, algorithms, front running, slippage and human error. The stocks presented may be of interest to students of the market, or active traders assuming their own risk. The author may have positions, or active interest in any of the stocks mentioned. Theoretical P/L is not calculated, and is dependent upon exit timing, commissions & charges.

Issue #5
July 16, 2017​

Interesting Stock of the Week:
TransEnterix, Inc. (TRXC)
Price: .78

Robotic Medicine.
FDA clearance review upcoming.
Recent sales to Japanese market.
See Video: Senhance Surgery - Benefits Overview

Past Picks Hold: GORO, in profit from 3.97; BSTG in profit from .45; CLNE in profit from 2.73

Past Picks Sell: none this week

Guest Commentary

Dave Forest, Pierce Points

The gold price has been unremarkable of late. With prices languishing near the $1,200 level — marking a 3-month low for the yellow metal.

But some positive news emerged this week for gold demand. With the world’s top consuming nation showing a big rebound in buying, which may be setting it up for one of the strongest years of demand in recent memory.

That’s in India. Where stats showed that gold imports during the first half of 2017 set a torrid pace.

During the first six months of the year, Indian buyers brought in a full 521 tonnes of gold. Marking a big increase from the same period a year ago — in fact, eclipsing the import total for the entire 2016 year, when just 510 tonnes of bullion was imported for the 12 months.

That suggests imports for the whole of 2017 could come in above 1,000 tonnes. A feat that hasn’t happened in any of the last five years — with 2012 having been the highest total in that period, at 969 tonnes.

That’s encouraging for the global gold market. With Indian demand having a very disappointing year last year, partly because of a prolonged jewellers strike that saw gold sales completely crippled across the country.

Those issues are now resolved. And local sources say demand is coming back strong because of currently-lower gold prices, as well as a favorable farming season in India increasing rural gold consumption.

The relationship between direct buying like this and global prices isn’t always one-to-one. But a rise in Indian consumption should help support the gold market–and at least shows buyers feel the $1,200 level is a “good value”.

Watch for numbers on India’s imports over the coming months, with some uncertainty coming as new sales tax rules kick in across the country.

Tuesday, July 11, 2017

The Longfellow Letter

A Watchlist of Interesting Stocks
Free Sample, Issue #4
See: Comments Section
eXTReMe Tracker

What is a Bucket Shop?

"Bucket Shop is a specifically defined term under the criminal law of many states in the United States which make it a crime to operate a bucket shop. [2] Typically the criminal law definition refers to an operation in which the customer is sold what is supposed to be a derivative interest in a security or commodity future, but there is no transaction made on any exchange. The transaction goes 'in the bucket' and is never executed. Without an actual underlying transaction, the customer is betting against the bucket shop operator, not participating in the market."
see: Wikipedia

The SEC believes that "internalization" is somehow different, and this affects ALL of your online trading, no matter what you are trading. Trades that are executed outside of the exchange, never reaching the main market, effectively hide data from technical analysis, and skew pricing.
see: Not a bucket?

"... internalization hurts retail customers and market quality"

see: EconPapers

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