tag:blogger.com,1999:blog-6412381.post4757872323382171767..comments2024-03-01T03:18:41.783-05:00Comments on BETWEEN THE HEDGES: Monday WatchUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6412381.post-6275416870060059642012-01-09T08:39:18.412-05:002012-01-09T08:39:18.412-05:00A comment on Mohamed A. El-Erian in the WSJ writes...A comment on Mohamed A. El-Erian in the WSJ writes Investing in a Fat Tail World.<br /><br />Fat tails tend to occur in sheep, and in sheeple. The NYT relates that the alliterative definition of a fat tail is an abnormal agglomeration of angst. Behavioral Finance defines fat tails as wandering far from the normal lanes, to put it simply, fat tails are seen when too many events or values stray widely from the average. Finance Dictionary relates a fat tail is a statistical distribution that is wider or larger than expected, increasing the probability that an extreme or unexpected value will result. <br /><br />Fat tail risk is a prime reason for investing in and taking personal possession of gold. <br /><br />In the age of deleveraging, gold and diktat are the only two forms of sovereign wealth. The chart of the gold ETF, GLD, shows a 3.4% rise this last week. <br /><br />I recommend that one dollar cost average buy gold bullion at this time, and look for safe ways of storage such as purchasing a gun safe.theyenguyhttps://www.blogger.com/profile/08515095308836729043noreply@blogger.com