Can you spot the trend?
Investing and Trading News, with a Contrarian, Sarcastic Twist!
There are no markets anymore, just interventions – Chris Powell, GATA I cannot phrase the current state of the global markets any more succinctly than Chris Powell did in the title of his fantastic article for GATA.org. First, let’s consider this Bloomberg report that the US, Europe, and Japan devised a plan to prop up […]
Legendary investor Donald Coxe is one I follow closely. I would highly recommend his latest conference call where he discusses the global economic environment, and comments on potential ramifications of the government’s Freddie/Fannie interventions. He also has a fantastic Canadian accent that really adds to the fun. My notes from the call: Financial system is […]
Could very well be – I’m not taking any chances. I just closed out my two British pound short positions – I don’t want to stand in the way of a “gap up”. I can’t figure out why this is triggering such a reaction – what exactly was the market expecting regarding Freddie and Fannie? […]
The battle between inflation and deflation continues to rage on, with deflation mounting a very impressive counterattack. Check out this chart of last Thursday’s single day sector returns, courtesy of Agora: It’s challenging, to say the least, to make money investing when EVERYTHING in EVERY market is going down. This is the classic deflationary nightmare […]
Now THAT’S the way you trade! Two solid weeks in a row – I’m feeling good about things, back in control, following trends like I should be. A review of my trades from the week that was: Closed out my Coffee long position – I closed this out on Thursday just north of the 143 […]
In his latest must-read commentary, James Turk of GoldMoney.com cites Warren Buffett’s “Hamburger Theory” and reflects that gold and silver investors should be savoring this current buying opportunity – much as the same way an excessive hamburger eater would favor lower, rather than higher, beef prices. No mention if the hamburger eater is long/short live […]
Your guess is as good as mine – but I sure wouldn’t hop in front of this runaway train. And as long as the dollar continues to gain ground, commodities are going to have a rough go at it – especially gold and silver. Chart courtesy of Agora Financial:Anyone care to hazard a guess on […]
Hilarious tribute to Fannie Mae and the financial masterminds of the US government:
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