Monday, May 27, 2013

Grant Williams: "Do The Math!"

It's a holiday weekend, grab the iPad (and 2 beers), sit in the lawn-chair and watch/listen - time extremely well spent...

In a masterclass of what is 'really' going on in the world (as opposed to what we are told/spoon-fed on a daily basis), Grant Williams (of Things That Make You Go Hhhmm infamy) provides a must-watch presentation.

Starting from the premise (unusual in this day and age) that the laws of mathematics are inviolable ("if it makes no sense, it is nonsense"), the Aussie investment manager sets out his own set of philosophical 'problems' that the world of 'markets' seems incapable of grasping.

In a chart-filled extravaganza, Williams ranges from

"Problem 1: If the global economy is stalling, Europe is in recession, China is slowing and growth is seemingly impossible to generate, what are equity markets doing at all-time highs?" to

"Problem 7: The Gold Price and The Price of Gold are mutually exclusive" leaving the participant questioning everything Bob Pisani would have us believe warning in conclusion that gold is critical and "beware suppressed volatility."

http://www.zerohedge.com/news/2013-05-26/grant-williams-do-math

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