ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on January 26, 2012. Click here to read the entire piece.) In its latest monetary policy proclamation, the Federal Reserve announced that it will likely extend the window for near-zero interest rates until at least late 2014. There was no hint of … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 16, 2011. Click here to read the entire piece.) Eventually, the broken clocks calling for another massive sell-off in gold could be right. I sure hope so. I need to add to my current holdings at cheaper prices. The latest … Read more
This is an excerpt from an article I originally published on Seeking Alpha on November 21, 2011. Click here to read the entire piece.) Bill Fleckenstein is my favorite investor in gold and silver (he is on the board of directors for Pan American Silver Corporation [PAAS]). In his latest post on gold, Fleckenstein broke … Read more
This is an excerpt from an article I originally published on Seeking Alpha on November 12, 2011. Click here to read the entire piece.) I have long argued that gold sentiment does not exhibit the euphoria one would expect in a bubble (for example, see “Enthusiasm for Gold Continues to Wane“). A recent podcast on … Read more
The gold bubble continues to “unpop.” In fact, as it turns out, the recent dip in gold was just a pullback to trend. This three-year weekly chart puts some perspective on the recent pullback. Source: stockcharts.com While gold skeptics were declaring that gold’s “bubble” had popped again, the Chinese were busy scooping up the yellow … Read more