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WELCOME TO GUILD INVESTMENT MANAGEMENT, INC.
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Since 1971, Monty Guild and the professionals at Guild Investment Management have been dedicated to helping investors achieve their individual investment goals and objectives in the global markets while working to minimize the investment portfolios' exposure to unnecessary risks.
Guild Investment Management is an SEC registered investment advisor. Guild manages investment portfolios for high net worth global investors, retirement accounts, trusts, corporate accounts, foundations, and other tax-exempt entities in many countries. Guild manages portfolios in different styles and can tailor an investment strategy to meet an individual's investment goals and objectives.
CLICK HERE TO LEARN MORE ABOUT OUR INVESTMENT MANAGEMENT SERVICES
While you are here, be sure to sign up for Monty's free global market commentary which has become required reading by many professional investors. This frequent commentary discusses the global events, trends, innovations and developments that create the investment opportunities our clients invest in. |
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We at Guild Investment Management have mentioned the problems with derivatives 31 times in the five years between 2003 and the present in our market commentaries, yet people did not listen.
If the U.S. Fed, U.K. central bank, and other central banks continue to protect all of the institutions, all of the shareholders, and all the depositors, the crisis will actually be more prolonged and more difficult to come out of than if they let a lot of the smaller institutions go broke.
Thus far, it is obvious that the Fed and the U.S. and U.K. administrations want to make the government the lender of last resort and make it a world where mistakes are not punished. We go on record saying that this is a mistake…the example of Japan comes to mind. More... |
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| | Posted On: Thursday, July 10, 2008
1970's vs. 2008
Author: Monty Guild & Tony Danaher
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This is a time of great risk and great opportunity.
On one hand, there are many problems (we will enumerate a few of them later in this letter), but on the other hand, there are many opportunities. To take advantage of the opportunities:
I) One must be willing to invest for a few years without the need for quick, panicky withdrawals of capital.
II) One must be willing to tolerate volatility…as the financial system has weakened. Volatility has reverted to the type that was seen in the 1970’s. That period, like today, was a period of big problems and big opportunities. During that period, the markets returned only about 4% per year for the decade (with many wild fluctuations), yet some sectors especially oil, gold, and food related returned much higher returns. More... |
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| | INFLATION DRIVER #10: DOLLAR PEGS AND CENTRAL BANK STERILIZATION OF INFLOWS
As we discussed in driver number 9, worldwide money supply is growing fast, and excess money chasing goods and services creates inflation. China, Russia, Persian Gulf countries, India, and Brazil are growing their money supply way above the rates the governments desire. In fact, world money supply growth is estimated at 13-14% over the last 12 months. More... |
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| | DRIVERS OF INFLATION #9: EXCESSIVE MONEY SUPPLY GROWTH
Economists can not agree on what causes inflation, so we are writing a series of the ten drivers of inflation. Many people want to focus on rising food and oil prices as the reasons for the current inflation, and that inflation will go away if we get some relief in food and energy prices. We maintain that many of the drivers of inflation are pointing in the direction of higher inflation…for a longer period of time.
The ninth driver causing this current inflation is that money supply growth is excessive in many countries.
More... |
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| | DRIVERS OF INFLATION #8: WAGE INFLATION More... |
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| | INFLATION DRIVER #7: THE FUTURE SUPPLY OF SOME COMMODITIES, AND THE INFRASTRUCTURE TO DELIVER OTHER COMMODITIES, IS
LIMITED. THIS IS ANOTHER DRIVER OF LONG-TERM PRICE INFLATION. More... |
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| | INFLATION DRIVERS #6: GLOBAL COMMODITY DEMAND IS GROWING FASTER THAN NEW SUPPLIES CAN BE ADDED
As many of you know, economists can not agree on the causes for inflation, so our series of ten inflation drivers covers several economic viewpoints about inflation More... |
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(Please scroll down to read Legal Disclaimer)
Legal Notice / Disclaimer - Important Legal Information About Using this Web Site: This site is for informational purposes only and is not intended to be a solicitation, offering or recommendation of any security. This web site does not intend to provide investment, tax or legal advice. Guild Investment Management does not represent that the securities, products, or services discussed in this web site are suitable or appropriate for all investors. The site may not meet your specific needs or requirements. Any market analysis constitutes an opinion that may not be correct. You must make your own independent investment decisions or obtain professional advice from your advisors before making investment decisions.
The information on this site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject Guild Investment Management to any registration requirement within such jurisdiction or country.
The material on this site, including any opinions expressed herein, are subject to change without notice. In addition, there are many market, currency, economic, political, business, technological and other risks that are beyond our control. We make reasonable efforts to provide accurate content on the site. However, some content and some of the assumptions, formulas, algorithms and other data that impact the content may be inaccurate, outdated, or otherwise inappropriate. In addition, we may have conflicts of interest with respect to any investments mentioned on the site. Our principals and our clients may hold positions in investments mentioned on the site or we may take positions contrary to investments mentioned on the site.
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Although the Site includes investment related information, you should not consider anything you find on the Site to be a recommendation that you buy, sell, hold or otherwise invest in an individual security, or any other investment or asset.
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You may have been referred to this site by some other person or organization or may have linked to this site from the website of another organization. We appreciate such referrals, but are not affiliated with any persons or organizations who may have referred us to you, and we do not pay for any such referrals. In addition, any persons making referrals are not responsible for Guild's portfolio management decisions, which are the sole responsibility of Guild. |
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