Jeff Benjamin

Investment Insights: The Blogblog

Jeff Benjamin breaks down the game for advisers and clients.

More bad news for gold

Plus: A new twist on stock valuations, bitcoin marches on, another solar energy push, hoping for a flat market, and Warren Buffett's $1 billion tease

Jan 22, 2014 @ 8:13 am

By Jeff Benjamin

  • It is more bad news for gold bugs. The historical relationship between gold and interest rates suggests that if Treasury yields hit 4%, gold could fall to $831 an ounce. A 5% yield equates to $471 an ounce. Current ratio says gold is overvalued

  • Instead of just focusing on price divided by earnings, it also makes sense to value stocks based on earnings divided by price to determine the earnings yield. Comparing stocks to T-bills

  • If you don't quite understand bitcoin yet, join the club. But the ignorance of many is apparently not slowing the momentum of this enigmatic digital currency. Deal with it. The Napster of finance

  • Solar energy stocks are once again attracting some attention and at least one analyst believes the time is now for an upswing. Proceed with caution because we've been here before. Just because you want something to be true doesn't make it reality. 47 gigawatts of world demand vs. 45 gigawatts of supply

  • In the category of the most optimistic outlook for a stock market that has climbed to scary heights, we now find hopes of a “sideways correction.” In essence, instead of correcting the old-fashioned way, why not give us a less painful flat market this year? 'Sideways Works'

  • As if enough workplace productivity isn't already lost to March Madness basketball pools, the Oracle of Omaha this year is offering $1 billion to anyone who fills out a perfect bracket. The odds of getting it perfect: one in 9.2 quintillion. I'm in. 40 annual installments of $25 million

0
Comments

What do you think?

View comments

Recommended for you

Featured video

INTV

DOL fiduciary rule opponents and supporters sound off on Jan. 1 deadline

Senior reporter Mark Schoeff Jr. and managing editor Christina Nelson discuss the latest batch of comment letters on the regulation, this round focused on timing of the full implementation date.

Latest news & opinion

Cetera broker-dealers to pay back $3.3 million to clients overcharged for mutual funds

Over an eight-year period, the B-Ds failed to properly supervise sales charge waivers to clients in retirement plans and charitable organizations.

Fiduciary advocates press CFP Board for specifics on standards changes

Meanwhile, few brokerages and their trade associations, which blasted the DOL's fiduciary rule in comment letters, are responding to the CFP Board's proposal.

Big gains attract new money to emerging markets, but should investors stay?

An estimated $6.7 billion has flowed into emerging-market stock funds and ETFs so far this year, according to Morningstar.

Attorney blasts Finra after regulator loses insider trading case

Lawyer says it was 'slimy' of Finra to publicize the case while it was still being litigated.

Will Jeffrey Gundlach's Trump-like approach on Twitter work in financial services?

The DoubleLine CEO's attacks on Wall Street Journal reporters is igniting a discussion on what's fair game on social media.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print