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Global Market Commentary
by Monty Guild and Tony Danaher of Guild Investment Management, 8/3/10
High cash balances are warranted as volatility leads to market dislocations and good buying opportunities. Gold is approaching attractive prices for additions to portfolios. Some high-yielding oil-related shares will also be attractive on price declines. Longer term, China, India, Malaysia, Thailand, Singapore and Brazil continue to be attractive destinations for investment capital.

Emerging Market GDP Growth: The Past Two Decades, and Our Projections for the Next Decade
by Monty Guild and Tony Danaher of Guild Investment Management, 7/9/10
Even with all the problems currently experienced in Japan, Europe, and the U.S., some parts of the world continue to grow vigorously. Guild's focus will be on the countries above which have strong prospects for growth. They will also focus on high-yielding income stocks which earn cash flows from the production of oil, and from gold, which will provide an anchor to windward in the current turbulent economic times. Today's markets will continue to produce those opportunities in the form of price weakness if we remain patient.

Does the Oil Leak in the Gulf of Mexico Herald a Big Discovery?
by Monty Guild and Tony Danaher of Guild Investment Management, 6/25/10
The Macondo well blowout may indicate that these Gulf of Mexico fields, located in deep water about 50 miles offshore and under another 20,000 to 35,000 of rock below the seabed, represent a massive oil discovery. The costs of exploitation will be huge (and already are), and it will probably be decades before the oil can be brought to the surface, but they may do a great deal to help the U.S. attain energy independence. Despite the ongoing tragedy of the Gulf oil spill, the reality is that these resources are likely to eventually make it to market.

The New Economic Reality - Part III
by Monty Guild and Tony Danaher of Guild Investment Management, 6/17/10
Inflation can occur in either an economic expansion or a depression. In either case gold, currencies of countries with conservative financial management and stable banking systems, real estate, and other real assets can do well. In an inflationary expansion fast growing companies and producers of commodities will also do well. During deflation, bonds will do well if the issuer can make the payments. Gold often holds its value in terms of buying power even in a depression.

The New Economic Reality - Part II
by Monty Guild and Tony Danaher of Guild Investment Management, 6/4/10
Some investors believe that deflationary influences will lead to an immense slowdown in world economic activity, and thus thus are selling stocks, buying bonds and short-selling commodities. Others think government action to forestall the deflation will end up creating inflation, and are buying commodities, buying stocks and avoiding bonds As the two sides pull markets back and forth, volatility will continue. To deal with the volatility, Guild is holding a large percentage of client assets in cash and gold, which can rise in either an inflationary or a deflationary situation.

The New Economic Reality
by Monty Guild and Tony Danaher of Guild Investment Management, 6/1/10
There is too much debt throughout the developed countries, and not enough growth to service that debt. The first phase of the current deleveraging cycle began about 20 years ago, when Japan's giant real estate and stock market bubble began to deflate. The second began in 2007, when the U.S. real estate lending bubble burst. The third began this year, with the European sovereign debt crisis. U.S. investors should buy only on dips, be selective, and look for good income, strong balance sheets, and strong earnings growth generated from internal cash flow.

Take Your Pick - A Tale of Two Investment Trends
by Monty Guild and Tony Danaher of Guild Investment Management, 5/21/10
The developed world is deleveraging and Europe is moving toward deflation and depression. Meanwhile, the Chinese, Southeast Asian, and Indian-led developing world is growing and experiencing inflation. Guild?s portfolios are largely in cash and, and they will spend it as bargains appear. Investors should consider buying gold and begin looking at China?s market, which is becoming attractively priced. In the case of oil, Brazil, India, Korea, and Singapore Guild plans to wait until the fear subsides and use the correction as an opportunity to buy into these markets.

Gold, Oil and the European Economic Crisis
by Monty Guild and Tony Danaher of Guild Investment Management, 5/17/10
Why is oil falling while gold is rising during the European sovereign debt crisis? Gold is rising because quantitative easing in Europe will be highly inflationary in the long term and destructive to the standard of living of every citizen of the developed world, especially in Europe. Oil is falling as investors fear the austerity measures that are required in Europe will shrink economic demand. The other parts of Europe and the U.S. will all have their 'Greece Moment' in the coming months and years. When that happens, investors will be grateful for their gold holdings.

European Debt Crisis Keeps Expanding
by Monty Guild and Tony Danaher of Guild Investment Management, 5/4/10
The European sovereign debt crisis will continue to wax and wane, but will stay with us until European governments take much stronger actions to reign in excessive outlays of all types, including social and military spending. The euro and British pound will continue to fall in value versus the U.S. dollar and other better-managed currencies such as the Australian, Canadian and Singapore dollars, the Chinese yuan and the Brazilian real. Guild remains bullish on the strong currencies mentioned above, oil, gold, several Asian markets and exporting companies around the globe.

U.S. Politics and Bank Reform Legislation
by Monty Guild and Tony Danaher of Guild Investment Management, 4/22/10
Election years often bring wild political actions as politicians defend their poor records by blaming anything that comes to mind. If the rhetoric against banks is not too strong, the rally could continue. If the rhetoric gets out of hand, we will see a market correction for a few weeks with a resumption of stock price increases later in the year. Guild continues to invest in Asian growth countries, oil, gold, and export driven companies who can grow earnings while shipping products worldwide.

We Expect China to Remain Strong
by Monty Guild and Tony Danaher of Guild Investment Management, 4/7/10
China will not melt down in the near future, as some fear. Chinese exports have fallen in recent years, but infrastructure building and consumer spending will help pick up the slack. While bad real estate loans may become a problem in China, the problem should be well-contained. And provinces can raise taxes in order to pay off loans. Guild and Danaher also comment on instability in Mexico, Alan Greenspan's recent Congressional testimony and global markets.

The U.S. Bond Market is Losing Steam
by Monty Guild and Tony Danaher of Guild Investment Management, 4/1/10
Smart investors will buy stocks on dips, sell their long term bonds denominated in the euro and the U.S. dollar, and shift into shorter maturity bonds or into stocks that can grow. Investors should consider selling all long term bonds of any type. Guild and Danaher favor foreign stocks in Singapore, Thailand, Indonesia, and Malaysia. They also favor export-driven companies in developed countries, and commodity producers globally, especially oil companies that are increasing their production. Gold is in a trading range, and should be bought for below $1090 per ounce.

Global Market Management
by Monty Guild and Tony Danaher of Guild Investment Management, 3/26/10
Investors should focus on exporting companies, food-related companies, raw materials producers, iron ore, oil, coal, technology, and on stocks of other countries, especially countries that can export to fast-growing areas such as India, China and Southeast Asia. Even U.S. financial stocks are enjoying a rally as uncertainty ends. Japanese, European and U.S. stocks that produce products for domestic consumption offer poor prospects. Gold is in a trading range, and investors may want to acquire gold shares as it approaches the bottom of that range.

We Suggest Investors Listen to What China Is Saying
by Monty Guild and Tony Danaher of Guild Investment Management, 3/18/10
It is clear from China's pronouncements that the government is willing to raise the value of its currency, but that it will delay doing so if the U.S. or any other major nation threatens the country or pressures it to take action. If Western politicians keep their mouths shut, China probably will raise the value of the Yuan. Guild and Danaher also comment on recent gold purchases by the Chinese and Indian governments amidst inflation fears, as well as market conditions in China, Brazil, Russia, India, Europe and the U.S.

The Global Banking Crisis Continues...
by Monty Guild and Tony Danaher of Guild Investment Management, 2/26/10
The Icelandic and Greek financial crises can be seen as the second stage of the larger global banking crisis. This second stage, which centers on European sovereign debt, was caused by years of over-borrowing and now deleveraging. Many countries will print money to help ease the crisis, and this will keep developed economies and their currencies under pressure for years. Guild and Danaher also comment on rising demand for oil and gold, the U.S. stock market rally, rising interest rates and the continued rise of China and India.

Debt Levels in G-7 Countries
by Monty Guild and Tony Danaher of Guild Investment Management, 2/19/10
Stock markets in faster-growing countries will resume their rise after China stops raising interest rates to reign in runaway food and real estate prices. Asian countries should see declining debt levels by 2014 as European countries face an ongoing debt crisis. Investors should capitalize on weakness in the current volatile, and often irrational, markets.

U.S. Congress a Help or a Hindrance?
by Monty Guild and Tony Danaher of Guild Investment Management, 2/11/10
Monty Guild and Tony Danaher of Guild Investment Management say markets are undergoing a correction after the 2009 rally. Debt in Portugal, Ireland, Greece and Spain will keep investors on edge over the next few weeks or months, as will inflationary fears in China.

World Markets Dance to China's Tune
by Monty Guild and Tony Danaher of Guild Investment Management, 2/10/10
Monty Guild and Tony Danager of Guild Investment Management say China is now recognized as the world's engine of economic growth, with $2.4 trillion in surplus capital and a fast growth rate. They expect China's GDP to grow at least 9 percent in 2010 even if the country's real estate bubble bursts.

Q1 2010 Market Commentary
by Monty Guild of Guild Investment Management, 1/28/10
?We expect world markets to be volatile but trade sideways or rise slightly through early spring. After that time, we expect a correction in world markets. We believe that the stock market correction

Guild Investment Management Commentary
by Monty Guild of Guild Investment Management, 3/4/09
Results 51–70 of 70 found.