Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.


For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017

Frightened Investors Withdrew A Staggering And Near Record $63 Billion Out Of Mutual Funds In The P



Posts : 17764
Thanked : 875
Join date : 2013-01-12

Frightened Investors Withdrew A Staggering And Near Record $63 Billion Out Of Mutual Funds In The P

Post by Lobo on Thu 01 Oct 2015, 3:12 pm

Frightened Investors Withdrew A Staggering And Near Record $63 Billion Out Of Mutual Funds In The Past 3 Months

With many people still wondering if the downside action has been a test of the recent lows, today King World News is pleased to share an extraordinary piece which takes a look at the staggering amount of withdrawals by frightened investors out of mutual funds in the past 3 months as panic recently began to engulf the world.  This piece also includes two key illustrations that all KWN readers around the world must see.
[b][b][size=18]October 1 (King World News) – Jason Goepfert at SentimenTrader:  [/b][/b][/size]“Investors fled U.S. mutual funds in August. Domestic funds suffered more than $60 billion in outflows over the past three months, among the most severe redemptions in thirty years. As a percentage of total assets, the damage wasn’t as bad but still ranks as extreme (see chart below).

It’s not news that investors got scared in August.
Many of the indicators that we looked at near month-end were at multi-year or even decade-long extremes of fear and uncertainty.
That manifested itself in investors pulling money from domestic mutual funds, as they yanked money out to protect against another bear market…

The Century’s Best Performing Asset
Eric Sprott, James Turk and George Soros all believe this company is advancing the digital payments revolution by helping people securely acquire, store, and now spend gold with unprecedented simplicity. Accounts are free and can be opened in minutes. They provide users with a secure vault account to purchase and hold gold, the ability to make and receive instant gold payments, and a prepaid card for spending gold at traditional points of sale. To hear what James Turk and others have to say about this company CLICK HERE.

SentimenTrader continues:  “According to the Investment Company Institute, mutual funds that invest primarily in the U.S. suffered outflows of more than $17 billion in August.
That brings the three-month total flow to negative $63 billion. The last time these funds had this much of an outflow over a three-month period was December 2012 and it ranks among the largest amounts dating to 1984.
Expressed as a percentage of assets, the three-month outflow totals just under 0.8% of assets. That doesn’t seem like much, but it still ranks among the larger outflows over a three-month period.
The arrows on the chart highlight the other times the three-month flow was positive within the past six months, then dropped to -0.75% or worse.
Most of these occurrences marked at least intermediate-term bottoms for stocks, with notable exceptions in 2001 and 2008.
The key, of course, was whether this was a temporary blip during a bull market or the start of an exodus that cascaded into a bear market.
Price structure is the best clue in that regard and so far the evidence is mixed. Stocks are displaying the hallmark signs of a test of a panic low, but there is a clear pattern of lower highs and lower lows. Another lower low, and the bear market thesis has to take precedence.”

    Current date/time is Sat 03 Dec 2016, 1:48 pm