Friday, February 21, 2014

Friday market analysis...........

 Remember: if the data is weak, it's the snow; if it's strong, it's the recovery.

Listen to the MSM mantra of wash, rinse, repeat!

Met a friend for breakfast and he was lamenting how the markets are being manipulated by insiders.   I tried to tell him a couple of things after I stopped chuckling.  When I started talking about nanoseconds I lost him.   Funny how people always say it is impossible for someone to manipulate the market in less than half a second.

Most of America still thinks the stock markets are traded by humans!

After the eggs and hashbrowns he brought up gold prices as well.  I told him gold is held by Western central banks for exactly the same reason individuals ought to hold it: protection.  Central banks are accumulating gold because it cannot get wiped out like fiat currencies do.

I told him that people should be doing the same — not being sidetracked by the distractions.  It's not about the price today.

If you own gold, it will do the heavy lifting for you when the time comes.

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Native American Advisors CHIPPEWA PARTNERS

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CHIPPEWA PARTNERS, Native American Advisors, Inc. is a Registered Investment Advisor, founded by Dean Thomas Parisian in 1995. The firm is a manager to an exclusive clientele and is closed to new clients. As a Registered Investment Advisor, our expertise developed over 35 years balances experience, integrity and tremendous work ethic. Dean Parisian is a member at the White Earth Reservation of the Minnesota Chippewa Tribe, a former NYSE and FINRA arbitrator and trader who began his career with Kidder Peabody and later worked for Drexel Burnham Lambert in LaJolla, CA. His philanthropic interest is in Native American education and he's endowed a significant scholarship for Native Americans at the University of Minnesota. His greatest accomplishment includes raising two sons and 26 years of marriage. The Parisian family enjoys outdoor pursuits at Pamelot, their farm in Tennessee and at the Ghost Ranch, their ranch on the Yellowstone River in Montana. For media requests contact the firm via email: ChippewaPartners (at) gmail dot com, on Twitter: @DeanParisian. Global 404-202-8173