julius

Yes, I am very skeptical of all the hullabaloo about the gold apple watches. The math doesn't add up. Either there's not going to be much gold, or you have to be convinced that $10k watches that will be obsolete in 2-3 years will sell like hotcakes. Speaking of King World News, are they still doing their podcasts? The RSS feed went dead. I see at least they've revamped the website.

Thanks, I wish I had seen this a few days ago. I'll look out for this when it's trading.

I would think a few times before hosting 100kwh of batteries in my basement, particularly of an untested technology. That aside, obvious this is a rather prospective area for research and batteries could be hosted more centrally as well.

Faber's strength is his grasp of market history and willingness to call out people who are being stupid, I think. I subscribe to his GBD report, and while I don't necessarily get a lot of interesting actionable trades out of it I do like his overall analysis and the guest articles. His book (Tomorrow's Gold) is cheaper and definitely worth a read.

I find the idea of Kondratieff cycles interesting, but I'm a bit skeptical - what's the best reference on this? I recently read The Coming Generational Storm by Kotlioff and Burns, and while it is focuses on the fiscal issues that will specifically hit the US due to demographic change, it touches on the general aging trend through the developed world. It seems to me that Europe is more vulnerable since if you don't feel like paying German taxes, you can leave, but it's not that easy for the US. (As an aside, the book really drove home why government-financed retirement provision is pernicious and socially destructive - at least in my opinion.)

The UUU news today was quite interesting, and it's also interesting that as UUU went down, Denison went up.

It does imply there is lots of cash on the sidelines. And of course, there's only so much they can sell... This is only tangential, but it may be worth noting that some of the real old-timers I have seen speak, and whom I have personally spoken too, really don't have too much of an opinion about the future for commodities prices. This is what they do, and the sun is shining at the moment, so they are making hay. That viewpoint may not leave them with much stomach to stay fully invested.

One anecdotal datapoint I can add I picked up late last year from a fellow I met who lives in Vancouver and is in the business of investing in and promoting juniors. His comment on this topic was that in Vancouver all the old timers are expecting the bottom to fall out of the commodities any time now, because they are trained to expect that to happen after five years, and they don't want to be waiting tables in their retirements.