RISK ON / RISK OFF

Investment decisions, their genesis, and our thinking behind them.

A Broken Clock is Right Twice a Day (Part I)

POSTED ON July 31st - POSTED IN Gold, Price of Gold

By Zev Abraham - “Gold is Money, Everything Else is Just Credit” - J.P. Morgan

1971

By Zev Abraham - Root Cause Analysis (RCA) is a methodology widely used in engineering, quality control, accident analysis and epidemiology.  Although not familiar with the term until recently, it came up several[…]

Don't Burn Down the House

POSTED ON June 5th - POSTED IN homebuilder stocks, mortgage, residential housing

By Zev Abraham - Our country has endured an unusual past few months.  On a national level the scale of the recent civil unrest is unprecedented since at least the late 1960’s Vietnam protests and perhaps before. […]

Safety is Dangerous

POSTED ON May 1st - POSTED IN Bonds, income, yields

By Zev Abraham - “It is better to have a permanent income than to be fascinating.” - Oscar Wilde

Toto, We're Not in Oklahoma Anymore

POSTED ON April 23rd - POSTED IN crude oil

By Zev Abraham - Our research team’s mantra has been “expect the unexpected” since the market sell off began in earnest in early March.  That is because this downcycle has begun with an unprecedented collapse in a[…]