Monthly Archives: October 2015

The Mindless Stupidity Of Negative Interest Rates

Here we are in the midst of The Great Stagnation Middle Class Elimination and some central bankers and mainstream economists are promoting negative interest rates. One economist was quoted in a Marketwatch piece by Greg Robb as saying, “…pushing rates into negative territory works in many ways just like a regular decline in interest rates that…

IPO Quiet Period Expiration – Penumbra

Penumbra Incorporated (PEN) – Buy Recommendation – $42.25 The 25-day quiet period on Penumbra Incorporated will come to an end on October 13, 2015, allowing the firm’s IPO underwriters to publish analyses on the firm that makes medical devices to address neuro and peripheral vascular conditions and other vascular conditions on October 14th. PEN’s share…

Dow/Gold Ratio

    A number of people have written asking about the proposition that gold should rise to be equal to the Dow because that is where it had reach in 1980. Sorry – no way. When gold was $875 in 1980 and the Dow 1,000, that was the end of a Public Wave which peaked…