A Notice from Rick in the Trading Room
As promised in the chat room, here are some links to analysis from Bob Hoye that I think you will find interesting and insightful. The first is a ‘Charts and Markets’ update he sent out a couple of days ago that is very bullish on gold and gold stocks. Click here to bring it up in your browser.
The second is a fellow deflationist’s take on a real estate market that seems headed toward certain collapse. If you click a link embedded in the article, you’ll find a special bonus — a fascinating piece written for Barron’s by Jim Grant that tracked the history of a blue chip property in Manhattan as it fell on increasingly hard times during the Great Depression.
I tried to locate the article years ago, but neither Jim nor his secretary was able to find it. When Bob began to describe it in a conversation I had with him yesterday, I knew instantly what he was talking about. I am grateful to him for coming up with this gem, and for allowing me to share his work with Rick’s Picks subscribers.