Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

What Kind of Bounce?

I'm tapped into lots of chatter about precious metals. Lately I've been filtering most of it. ETF and fund redemptions are causing forced selling. I think it will get worse before it gets better.  Non-diversified "hedge" funds that loaded up on precious metals are in serious trouble.

Markets can remain irrational a lot longer than you and I can remain solvent.

John Maynard Keynes