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Prayers and Analysis for the Boston Marathon Explosions

April 15, 2013 by Cody Willard

Watching these images of the Boston Marathon explosions is heart-wrenching and sickening. I can tell you from having lived firsthand through 9/11 from Ground Zero itself, that all of the news and reports you are getting out of the mainstream media and news sites are PR at best, as nobody has any idea what exactly has happened or why or, most pressing, if there are going to be follow-on disasters ala 9/11.

First I want to say my prayers go out to everybody affected by this.

I hate having to think or write about what this means to our portfolios, but that is my job and I will do my job.

The analysis then, is that this BM explosion coming right on top of the wild crash in gold and silver today coming on top of the market action being already at all-time highs is scary and bearish. I’m not making any changes to the portfolio as a result of this tragedy as I have already been preparing for a downturn at least for the near-term here. I think the path of least resistance is down and probably slippery right now.

God bless.

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Filed Under: Trading

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

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This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or cryptocurrency or token any other product or service by Cody Willard or any other third party. Furthermore, nothing in this is intended to provide tax, legal, or investment advice and nothing in this should be construed as a recommendation to buy, sell, or hold any investment or security or cryptocurrency or token or to engage in any investment strategy or transaction. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.

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