GOLD is the money of the KINGS, SILVER is the money of the GENTLEMEN, BARTER is the money of the PEASANTS, but DEBT is the money of the SLAVES!!!

Friday, August 29, 2014

Louis Navellier : Geopolitical unrest is a big positive for the Gold Market


Louis Navellier & Chris Waltzek - August 26, 2014




Summary:

    Geopolitical unrest is a big positive for the gold market.
    Corporate earnings momentum is as strong as he's ever seen and conditions will likely persist.
    Mr. Navellier is adding drone manufacturing companies to his portfolio due to record demand from local municipalities as well as companies involved in fracking, a means to improve oil / gas extraction.
    Expect the stock market to follow the typical seasonal trend of rallying into the Labor Day weekend with further strength into the Thanksgiving / Holiday seasons.
    CEOs/CFOs are buying back company shares with record profits - making every equities pullback a buying opportunity,
    Adding Lockheed Martin (LMT) due to the steady repurchasing of company stock, over 40% of shares outstanding.
    Several stock recommendations are offered.

Louis Navellier manages over $8 billion in bonds, equities and precious metals, via Navellier Gold. Corporate earnings momentum is as strong as he's ever seen - conditions will likely persist given that the Fed and ECB must continue to hold rates low. He's adding drone manufacturing. Companies involved in fracking, a means to improve oil / gas extraction are also on his buy list. The Fed is likely to continue increasing its balance sheet from $4-$5 trillion and holding rates at ZIRP. Expect the stock market to follow the typical seasonal trend of rallying into the Labor Day weekend with further strength into the Thanksgiving / Holiday seasons. In addition, international capital flight to the US will persist, adding upward momentum. He takes issue with the mainstream thought on corporate buybacks; CEOs/CFOs are buying back company shares as record ROE leaves billions of dollars to invest in share repurchases and corporate debt. Fewer shares decreases supply, basic supply and demand equilibrium dictates higher share prices. Louis highlights his purchase of Lockheed not as a defense play, but due to the steady repurchasing of company stock, over 40% of shares outstanding. This is why every equities pullback could represent a buying opportunity, because top management is anxious to repurchase shares at discounted prices.



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