ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Gold Luring Central-Bank Buyers May Extend Record Rally – Bloomberg Central banks that were net sellers of gold a decade ago are buying the precious metal to reduce their reliance on the dollar as a reserve currency, signaling demand that may extend a record rally in prices. (tags: gold monetary_policy central_banks) Adjusted For Inflation, Dollar … Read more
Buyers Beware: Silver Crashed 11% in 24 Hours – CNBC Shortly after the start of overnight trading at 12:10 a.m. on Monday, silver futures surged to a multi-year high of $49.82 per ounce. Nine hours later, by the start of stock market trading in the U.S., the May Silver contract was down eight percent. Shortly … Read more
Gillard Says Japan, Australia to Cooperate on Clean Energy – Bloomberg The two countries reaffirmed their commitment to implement a free-trade agreement under negotiation since 2007, Australian Prime Minister Julia Gillard said today in a speech in Tokyo. Gillard met yesterday with Japanese Prime Minister Naoto Kan and promised Japan steady supplies of liquefied natural … Read more
Stock Rally Still Hasn't Lured Average Investors From Sidelines – CNBC Retail investors redeemed about $7 billion in equity funds during March—$4.6 billion from mutual funds and $2.4 billion from exchange-traded funds—even as the hedge funds upped their investments, according to TrimTabs. (tags: stock_market trading_strategy)
The Sun is Rising on Solar Stocks (aka Getting Started Trading Solar Stocks) – by Dr. Duru The solar industry represents an electric convergence of technology, advanced research, energy, environment, credit markets, speculation and politics. This volatile mix represents the opportunity and challenge in trading solar stocks. (tags: solar stock_market trading_strategy energy)