All the talk today is about silver. A couple weeks ago it was about oil. Before that the Japanese yen. Et cetera, et cetera. Are these moves interesting? Sure. Does all this talk surrounding the market, du juor, help the investor? Likely not. These macro discussions often only serve to distract investors from their existing plans and strategies. The macro strategist crowd isn’t necessarily in the business of providing actionable advice, they are likely in another business altogether, the media business. So while the talk surrounding the presumed silver bubble may be interesting, it likely isn’t going to do much for your bottom line. In today’s screencast the dangers of the siren call of the macro strategist.
Items mentioned in the above screencast:
Is silver in a bubble? (Stock Sage)
Don’t be a “Tavern on the Green” trader. (chessNwine)
How to be a macro strategist in five easy steps. (The Reformed Broker)