A Bull In China
Summary:
•From
the Big Apple, NY, NY, Jim Rogers says the upcoming Fed rate decision
tomorrow, Thursday, Sept. 17, could be a game-changing moment.
•The current implied probability of the 30-Day Fed Funds Futures indicates only a 22% likelihood of a rate hike at tomorrow's FOMC meeting.
• Nevertheless, the financial powerhouse shares Axel Merk's sentiments, Fed Chair Janet Yellen could surprise investors with a token rate hike.
• Eventually market forces will overwhelm monetary policies. He remains bullish, especially on the yellow metal in the long-term horizon.•"... Gold will be in a bubble someday, don't worry..."
•Cash is king - his analysis indicates that the Greenback will continue to ascend for the time being, eventually culminating in bubble like conditions.
•He plans to sell his US dollar position at that point and back up the truck for a Fort Knox size gold shipment.
•The crude oil market may be reaching a nadir; a double bottom pattern could be the ideal entry point to boost portfolio exposure.
•However, Jim Rogers is less convinced that US equities have reached a frothy bubble like environment.
•The current implied probability of the 30-Day Fed Funds Futures indicates only a 22% likelihood of a rate hike at tomorrow's FOMC meeting.
• Nevertheless, the financial powerhouse shares Axel Merk's sentiments, Fed Chair Janet Yellen could surprise investors with a token rate hike.
• Eventually market forces will overwhelm monetary policies. He remains bullish, especially on the yellow metal in the long-term horizon.•"... Gold will be in a bubble someday, don't worry..."
•Cash is king - his analysis indicates that the Greenback will continue to ascend for the time being, eventually culminating in bubble like conditions.
•He plans to sell his US dollar position at that point and back up the truck for a Fort Knox size gold shipment.
•The crude oil market may be reaching a nadir; a double bottom pattern could be the ideal entry point to boost portfolio exposure.
•However, Jim Rogers is less convinced that US equities have reached a frothy bubble like environment.
LTCG Chief Actuary, Vince Bodnar makes his debut on the show.
•From humble beginnings in the 1600's at Lloyd's of London Coffee shop, on Lombard Street, the insurance industry is integral to the modern world.
•Millions
of people sleep soundly at night, knowing that their families, homes
and autos are secured against unforeseen events and economic calamity.
•
Actuaries quantify peace of mind, minimize the overall expense in turn
maximizing benefit to the policyholder, society, shareholders and their
firm.
•For
instance, one predictive models involves credit score - evidently
policyholders with high credit scores tend to have fewer traffic related
accidents.
•Baysean
analysis used by actuaries can vastly reduce the number of false
positives, reducing unnecessary and sometimes dangerous procedures /
expenses.
•One central concept emerging from the field involves the extended life span expected by millions of retirees.
•Living decades after retirement requires careful planning for not only the policyholder, but the insurance firm.
•Simple
changes in lifestyle, such as vegetarian diet increases lifespan by
over 7 years in females and almost 10 years in males.
•Chief Bodnar encourages all mathematically inclined listeners to learn more about the actuarial sciences as a profession.
•Bob Hoye, senior investment strategist at Institutional Advisors, and the host discuss the big rate decision.
•Bob Hoye, senior investment strategist at Institutional Advisors, and the host discuss the big rate decision.
•Policymakers are actually follow the rate trends, reacting to rates, not setting them.
•The economy is based on the beliefs and behaviors of at least 300 million Americans and billions of people worldwide.
•Attempting to quantify and then predict the related outcomes on such a complex system is fraught with challenges.
•The economy is far too complex to draw broad based conclusions from simple points.
•This is the Achilles heal of monetary policy. Although bullish on the gold sector, in order for the gold shares to rebound solidly, the underlying bullion must first stabilize.
•Keeping powder in reserve for buying opportunities is advisable.
•Attempting to quantify and then predict the related outcomes on such a complex system is fraught with challenges.
•The economy is far too complex to draw broad based conclusions from simple points.
•This is the Achilles heal of monetary policy. Although bullish on the gold sector, in order for the gold shares to rebound solidly, the underlying bullion must first stabilize.
•Keeping powder in reserve for buying opportunities is advisable.
Jim Rogers started trading the stock market with $600 in 1968.In 1973 he formed the Quantum Fund with the legendary investor George Soros before retiring, a multi millionaire at the age of 37. Rogers and Soros helped steer the fund to a miraculous 4,200% return over the 10 year span of the fund while the S&P 500 returned just 47%.
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