Well Travis I have a conundrum for you as I look at the landscape of newsletters and what is being hawked today. So I am not asking advice on my portfolio, but your take on which way the wind is blowing. Here’s what I see: Jim Rickards (Agora) is promoting gold in discriminate amounts according to the size of the portfolio, Harry Dent says that gold is going to $250/oz., Rickards also points out that at least 12 major CEO’s are selling their shares in significant numbers and intimating that something is likely to happen. Dent sounds like the lone wolf, and when you throw in M Lombardi’s comments it sounds like another conformation of Rickards position for a crash. I know enough to look for the trends, but why would the CEO’s of IBM, Intel, etc. sell their stock when they are repatriating their funds to the US? This prepossess that a dividend or a repurchase of stock may a occurring, when the Trump plan to return overseas profits to the US. Do yu have some thoughts to either expand my thinking or suggestions about the general direction.
This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.