One year old and no intentions of doing anything other than focusing ever more intently on what is important from an investment point of view in the face of still-ongoing historic market events. Go here (side panel under 'Sample Issues') and download #52 for free, check it out and see what you think. (Note: NFTRH best viewed in Adobe Acrobat Reader - Apple's Preview omits some graphics generated by my PDF software, Nitro PDF Pro).We have run the spectrum of human sentiment during the last year and when it was time to be bullish, NFTRH did the work to support its case (including graphs of money supply, LIBOR, TED, etc.). When it is time to be risk averse (like now) or bearish, the process is flipped over and reversed.
I am an honest money advocate. I get the deeply held fundamental arguments of the bears and gold bugs. But I (and thus NFTRH) refuse to marry fundamental beliefs in support of interesting reading (admit it, reading end of the world screeds is interesting) that ultimately winds up blowing 50% holes in subscribers' accounts on the way to fulfillment of fundamental beliefs.
Markets can be effectively timed from a risk management standpoint. It makes for less dynamic reading, but risk management is the mature way to go about running your funds, no?
From NFTRH9 (November, 2008):
"Okay, everybody’s got the memo; deflationary depression it is. Well not everybody… I’ll go with the old pro’s and stick to my story that there will be recovery – born of inflation – and there will be places to invest and places to avoid. With the entire world now expert on deflation and 1930’s history, I have got to believe we have a huge counterparty of ‘sissies’ waiting to take the other side of the trade.
I personally believe any coming stock market rebound is a trade only and things could get worse before they get better. But if I were a deflationist I would be uncomfortable with the level the major media and by extension, the public are up to speed on the concept just as I was uncomfortable with every Tom, Dick and Harry on board the inflation express."
