Financial Sense Newshour: Big Picture

In this week’s Big Picture, Jim looks at how the world seems to be currently divided into black or white groups, either “Gloom & Doom” or “Happy Days Are Here Again”. Jim argues that most of the time in recent history the reality is neither black nor white, but instead various shades of grey. In his next topic, “Inflection Points and Game-Changing Events” Jim discusses both the cash and gold sectors, and how they are both reaching what he calls “puke points”. With cash in particular, Jim believes that larger amounts of cash are going to begin rotating into stocks this year. Jim will also answer your Q-Calls in this segment of the program.

Jim welcomes back noted technician Bert Dohmen, editor of the Wellington Letter. Bert sees the Central Banks as firmly in control, and advises using any corrections as buying opportunities. Bert also believes that investors should own stocks over bonds, and that stocks will benefit from the new inflationary environment. Also, Ryan Puplava has this week’s Market Wrap-Up, Erik Townsend looks at commodities, and Rob Bernard discusses the fixed income markets.

In this segment, Jim looks at two more Big Picture topics. In the first, Jim takes an in-depth look at the impact of a dollar devaluation, and looks at some of the consequences, intended and otherwise. Jim’s next topic is “Harnessing the eighth wonder of the world: the power of compounding in your investment portfolio”. This refers to a famous quote from Albert Einstein: “Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.” Jim also answers more of your Q-Calls in this segment.

Jim welcomes Shelley Moen CMT, Senior Market Strategist at Vermilion Technical Research. Shelley believes that the secular bull market is intact and all systems are go. She advises investors to wait for the next pull-back and then add to positions. Also in this segment, Ryan Puplava has this week’s Market Wrap-Up, Erik Townsend looks at commodities, and Rob Bernard has the Fixed Income Report.