Vegan Investing & Growth Portfolio Blog
Adding S&P 500 Inverse ETF’s
Not since 2009 have I purchased an Inverse Exchange Traded fund but with this absurd volatility I see the opportunity for a trade in the SDS at $24.71. We may have been up 500 points in the afternoon but nothing is resolved and the Presidents press conference was as...
Not a bad day so far
Stocks are trading down heavily this morning with the Dow currently down 330. Despite this we're not having a bad day as our hedges remain in parabolic mode with rumors of a potential European bank failure. GLD a new all time high of $174 corresponding to $1800...
Gold and Swiss Franc are parabolic
Parabolic moves higher within mature bull markets usually lead to market peaks. Granted, we live in unusual times so the price action is fitting, but still.......If the US stock market gains some traction in the next week or two, it will be at the expense of gold...
The S&P downgrade and other thoughts
In my opinion, the downgrade was both well deserved and telegraphed far enough in advance that the actual downgrade can hardly be a shock. It took a great deal of cajones from S&P to pull the trigger on the rating but they had the courage where other ratings...
Excerpts from Bill Gross
There have been times in the past where I've disagreed with Bill Gross, especially when he talks his own book. However, his latest is not merely an honest assessment of our situation but he's essentially suggesting to avoid many of the mutual funds he manages,...
More thoughts on debt
Anticipating some questions regarding metals and currencies in light of a potential resolution to the near term budget crisis. 1. I like Gold, Silver and safe haven currencies like the Swiss Franc for the long term. Once the current issue of the budget is resolved we...
Rocky Mountain Humane Investing.
For over 25 years, Rocky Mountain Humane Investing has been providing clients with cruelty-free, socially responsible investment management.