Michael Panzner

Michael Panzner

Michael J. Panzner is a 30-year Wall Street veteran and the author of three books, including Financial Armageddon, which predicted the 2008 global financial crisis.

Time to Bet the Farm

JJG Grains

Since hitting a low on January 20, the iPath Bloomberg Commodity Index Total Return ETN (DJP), a proxy for commodity markets as a whole, has risen by 10.6%. The rally has largely been powered by rising prices for oil and…

The Song Remains the Same–For Now

JPM net shorts_0

Based on recent reports, many investors believe the turbulence that impacted various markets earlier this year has come and gone. But that doesn’t necessarily mean that sentiment is ripe–sufficiently complacent–for a broad range of negative fundamental and macroeconomic forces–discussed here,…

Not Yet Time to Pull the Trigger

Vix Index

Last week’s column, “Is the ‘Crowd’ too Bearish?” discussed whether excessive pessimism on Wall Street had set the stage for corrective countertrend moves in various markets. As of now, the question remains open. After a choppy week, equities and Treasury…

Is the “Crowd” too Bearish?

Death of Equities

In light of recent market turbulence, one question investors might naturally be thinking about is how concerned should they be? Before answering, it is worth considering two things that old Wall Street hands try to keep in mind. The first is the fact that…

What’s Next for Gold?

Cost to Insure Bank Debt

Gold has gained more than 15% to just over $1,200 an ounce since hitting multi-year lows in December. The Market Vectors Gold Miners ETF (GDX) has fared even better, rallying roughly 40% over the span. The question now, of course,…

A Boiling Point… For Gold

According to the bears, there are two reasons to be negative on gold: rising interest rates (an issue I discussed in “Is the Conventional Wisdom Wrong About Gold?”), which will make the price of the metal more expensive for non-dollar…

FTC Disclosure: We are an independent blog that aims at providing useful information for retirement account owners interested in alternative assets like precious metals. However, our content does NOT constitute financial advice. Please speak to your financial advisor before making any investment decision. Also, the data quoted on this website represents past performance and does not guarantee future results.

 

Copyright © 2024 Gold IRA Guide
×