Comments for Gerring Wealth Management

Comment on Cyprus by Eric Parnell

Eric Parnell — Tue, 19 Mar 2013 03:50:43 +0000

Hello John,

Thanks for your question. I appreciate it. I think it is a very distinct possibility that the Fed will seek to intervene with additional liquidity if needed if the events in Cyprus begin to spread and unravel in the coming days and weeks. The big challenge the Fed will face in this instance, however, is the fact that the main risk associated with this situation is a potential crisis of confidence among depositors in general who are regular citizens across Europe. Unfortunately, there is little that the Fed, the ECB or anyone else can do to change such momentum once it picks up pace without very large costs. It will be interesting to see how this all plays out in the coming days.

Thanks again for your question.
Eric

Comment on Cyprus by John Carsten (@Windwoodtrader)

John Carsten (@Windwoodtrader) — Mon, 18 Mar 2013 19:42:57 +0000

Eric-
Do you feel that further, or even enhanced fed injections into the system will ward off any negative impact Cypress may have? Either nationally or globally that is.

Comment on North China Forty by Gary Gershzohn

Gary Gershzohn — Tue, 18 Dec 2012 04:59:25 +0000

Eric Unrelated to this article… What is your opinion of the gov’t taxing muni’s in 2013. We own HYD and PWZ. I have read that they will be under pressure until the issue is resolved, but noted that Tom Lydon said that (1) this hits individual, middle class, older investors hardest, (2) doesn’t raise much revenue, and (3) is the usual whipping boy when budget cuts are debated. Your opinion is appreciated; I’m tempted to buy more HYD very soon, unless you think that’s a really bad idea. Thanx Gary

Comment on Conducting Bernanke’s Symphony No. 3 In F Major by krishak5

krishak5 — Fri, 07 Dec 2012 11:29:54 +0000

Thanks for your timely clarification of yesterday’s data Eric!

Comment on The Fed Goes All In by rohanwolfe

rohanwolfe — Fri, 14 Sep 2012 11:37:51 +0000

Why do u strongly disagree with the fed’s actions?

Comment on About GWM by Yves G.Dumont ,119 Bunker rd. Stanbridge east ,QC CANADA J0J 2H9

Yves G.Dumont ,119 Bunker rd. Stanbridge east ,QC CANADA J0J 2H9 — Wed, 04 Apr 2012 14:47:40 +0000

I Ifully agree with Eric re.there has been no change in the fundamental reason for investing in
precious metals and beeing diverdified.I am a 71 year old MD,I have paid my medical studies
by inversting in a market ,more understandable then. My actual portfolio is +- 1 m. made up of 200k RSX ,300k EEM, 500K SLV . I am long always ,do not believe in tecknical analyses but
common sense .Mr.Parnell I believe you make a lot of sense in this mixed-up market .I appreciate your guidance and need it.