TRR: Silver, Luxury Goods and Rare Earths

Abstract

The silver price has started to trade differently and it appears that BIG MONEY is moving in to the metal (at long last) and fighting the Cartel. There is evidence that the supply of physical silver is getting tight and it could be the beginning of a major upward move in the price. In the more ephemeral world of luxury goods, if you’re following the emerging fashion trends, you’ll know that there are some seismic changes moving into the Autumn/Winter 2010 season. While not perfect, the link between changes in fashion and economic prospects is long established, most famously via the “Hemline Indicator”. It’s not for everyone, but taken at face value, the current trends are overwhelmingly bearish. However, there are also a few conflicting signals, which seems to sum up the state of financial markets perfectly!