ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The stock market has floated higher on the good tidings of easy monetary policies around the globe. The Federal Reserve recently suggested that it will be on hold for the foreseeable future. These accommodative conditions are positive for precious metals, but both gold and silver topped out in early September. In hindsight, the run-up into … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 16, 2012. Click here to read the entire piece.) For those who have paid attention to the words of Federal Reserve Chairman Ben Bernanke, it is no surprise that money-printing continues to be the response to persistently poor economic performance. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 3, 2012. Click here to read the entire piece.) {snip} {snip} First, why bother with a silver miner that is experiencing operational difficulties due to political turmoil? I think the company’s description of itself provides a good summary of the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 21, 2012. Click here to read the entire piece.) Gold and silver have languished since reaching their last peaks in 2011. {snip} Last week, gold and silver reawakened and made sharp reversals. {snip} Note that the dollar’s resurgence since hitting … 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