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There is a lot of chatter about gold these days. Gold lost around 5% since May 12 and the chatter box is running wild with explainers.
Here it is, yet, another explainer. There is nothing to see folks. Gold was overextended and it entered a correction period. These corrections can go from 33% (in [...]
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I haven’t written in the longest time. My last post, I see, was back in November. What could, you would ask, force an able-body-human-being-who-enjoys-sharing-his-unwanted-opinions-with-strangers (that’s my real name) to stay away from writing and almost forget the password of the blogsite?
The answer my friends, is blowing in the increase in
productivity numbers. You [...]
If you are honestly against subsidized health care, I want to ask you that starting tomorrow, and for consistency sake, you stop using the list of products listed below. You see, this is not an all encompassing list, it’s just the beginning of the list of products that you should be worried about.
What’s the list? [...]
Just taking quick notes related to the health care debate. I find that most of the assumptions of those opposing health care reform are misinformed at best and disingenuous at worst. I am not talking about honest common folk who formed an opinion based on incorrect information, I am talking about those feeding the incorrect [...]
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What can I say? Companies found the ultimate bag holder?
Next week I will write an article about when the Obama administration will finally stop talking down the economy. Hint, it won’t be before we all are crying uncle.
I think I understand the cunning ways of this administration. I may even think it is [...]
From an historical perspective, the Dow could go down to around 3,600 and all would had happened is that the speculative bubble of Reagonomics would have been completelly deflated.
Get a complete chart of the Dow, trace a line from the bottom in 1942 connecting with 1974 and you will see how in 1981 the prices [...]
You look at the spike on your traffic and you wonder which article was submitted to
Digg or
Reddit. After checking your blog log, you find out that the traffic to your articles is just normal. What a disappointment. And yet, you see these big spikes in traffic that have turned some seamingly normal people [...]
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Really exciting (yawn) move in gold. I mentioned
a couple of weeks ago that gold was breaking up and was going to re-test the previous high.
I just guess there are plenty of articles “explaining” why gold is going up. I have no patience or interest in reading them as the only reason gold [...]
Gold correction seems to be over and the
spot price will be looking for a retest of 1,000 in the coming weeks.
As any other speculative asset we will have to see how it behaves at the previous high. Breaking above 1,000 will signal that higher prices are ahead. Failing to break above 1,000 will signal [...]
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Back in 2007, a simple device allowed me to pin-point the start of the current recession on the fourth quarter of 2007. Instead of relying on massaged data, I simply looked at what was the real situation of American corporations. For doing so, with the
Bureau of Economic Analysis data on
GDP using [...]
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