Faber Buys #Sprott - Is On-Going Disclosure Required?

Faber Buys #Sprott - Is On-Going Disclosure Required? 

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"BUY GOLD???"

While we have long held a position that in the long-run there is no legitimate or logical reason based on sequential forward events, and both historical asset-class performance and purchasing power losses over the past thirty-three years to own this object, yet this psychotic placebo continues to attract the attention of speculators.  Nouriel Roubini had candidly referred to it as a "barbaric relic" - his kind diplomacy is respected. 

So why do promoters such as Dr Doom continue with there promotions despite all this? We can presume that they understand the psychosis of small investors attracted to such a cure all placebo and operate to take advantage of their fantasy. The above purchase of Sprott affirms the possibility of such a tactic by promoters. 

But the most important issue is not whether to buy or sell this object - the real issue is disclosure. That is will the promoters advise the public of subsequent sales before they are effected or will they cleverly front-run them in various de facto forms ahead of small investors, underneath the radar of a complex myriad of international rules, laws and regulations?

Funny thing, we really don't expect  answers to these questions any time soon.

INVESTORS'  INSIGHTS

First Financial Insights 

August 20, 2013  

Just Keeping them ... 

 

#Facebook Executive Dumps Shares

Facebook Executive Dumps Shares

One primary rule of investing - when the Company's top executives start dumping their shares, it's time to head for the hills. We are not going to set out all the reasons why and all the excuses executives use to justify their dispositions. Nope, instead we are going to ask you to look at the fellow captioned above and ask "what if this guy started dumping shares in that small town company from Omaha?" 

Never happened, and if it did - you know that the flood waters are really coming. 

It all boils down to how do you believe in folks that do not believe in themselves? Just plain-old folksy small-town stuff. There is however - one City-slicker - Jimmy Rogers, who thinks that Facebook is not an investment,its a waste of time. We agreed with him then, and still do. 

This also may explain why Facebook users are so depressed - they finally figured out Jim's astute observation.

Stockholders may soon join its users, as t is still just a click away from ten or less, on the Ticker. 

INVESTORS' INSIGHTS

First Financial Insights

August 14, 2013 

WISE GUY

" Facebook is not an investment, it's a waste of time"