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Why Gann, Elliott Wave and Kondratiev Studies Fail

Franklin @ May 25, 2008 # 6 Comments

For a long time I’ve studied the works of Gann, Elliott and Kondratiev trying to gain some foresight into the economy cycles. My costly conclusion is that none of these methods work. However, before throwing them out of the window, let’s see why they fail, when they fail and to what extent they may have […]

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American Workers’ Dwindling Participation in America’s Riches

Franklin @ May 2, 2008 # One Comment

The following chart shows the salaries of American workers compared to GDP. As you can see, it has been falling steadily since 1969. But for a few good years during the Clinton administration, American workers have very little to cheer about, having less participation in the economy than during the depression years. This is not […]

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Remember When We Were Rich?

Franklin @ May 2, 2008 # No Comment Yet

This is official data from the U.S. Department of Commerce. No tag for this post.

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The Gold Scam

Franklin @ April 20, 2008 # 18 Comments

Every time there is an article about gold warning about a possible bubble, a cohort of gold worshipers (an activity which, by the way, is frowned upon by the Old Testament God) answer that gold has maintained its value for 3,000 years, or 5,000 years, and so on. They will give you impressive and unsubstantiated […]

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You Are Not Going to Be Rich

Franklin @ March 7, 2008 # 15 Comments

I am kind of fed up with the “we want you to be rich” stuff that’s going around (yes, I am talking about the barrage of programs and books from The Secret to the latest Trump publishing endeavor). I think that that is the kind of propaganda that keeps illusions alive, and while we live […]

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Facts Over Fear

Franklin @ February 15, 2008 # One Comment

Members of Congress are hearing you… “The President does not operate outside the law.” — House Speaker Nancy Pelosi on the FISA stand-off. “The President’s comments are wrong, divisive and nothing more than fear-mongering.” — House Majority Leader Steny Hoyer in a statement about FISA “We are a strong nation. We cannot allow ourselves to […]

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The House must not fail freedom

Franklin @ February 15, 2008 # One Comment

Demand your representative uphold the Constitution and the rule of law. Email your representatives now. Dear Friend, Once again, the Senate is getting ready to fail freedom. They’re close to passing a dangerous and unconstitutional FISA bill that allows warrantless government eavesdropping on American citizens and grants immunity to giant phone companies. All eyes now […]

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Good Read

Franklin @ February 1, 2008 # No Comment Yet

Please visit Will’s Blog From his latest article: Some Ramblings About the Economy: January 31, 2008 As the credit orgy ends, and the excess leverage of the past years unwinds, few people have experienced any real pain. Big banks such as Citigroup have lost tens of billions, but who cares? There were rich Asian and […]

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New projects underway

Franklin @ January 28, 2008 # 2 Comments

I’ve been really busy with my new pet project http://www.tradegur.us. I am happy to announce that the community started working! Some traders are posting their trades and there is good information coming in. I am working on an article about 401ks and how they are a social scam, but that will have to wait. I […]

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The Social-Networking Site for Traders and Investors is Born

Franklin @ January 15, 2008 # 2 Comments

My first project for 2008 is born, it is called tradergur.us and it is the social networking for traders and investors. What does it mean? Much like you go to facebook to connect with former coworkers or students, or to myspace to connect with other teenagers, you have now a place to connect with other […]

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