The Battle for Euro(pe)
Currency traders are a brave breed. They invest in trades based on moves of tenths of a point. It doesn’t sound like much, but when leverage of 100 to 1 is involved every move is magnified by a hundred times [...]
Currency traders are a brave breed. They invest in trades based on moves of tenths of a point. It doesn’t sound like much, but when leverage of 100 to 1 is involved every move is magnified by a hundred times [...]
They’re back. I haven’t turned on CNBC for months. For the most part the information you get on that network is old news. They do have good interviews of company CEO’s though, and that is why I decided to tune [...]
You’re reading this and I’m writing it. That’s conclusive evidence that the “Rapture” that was scheduled for May 21, 2011 failed to occur. No worry; the next one is scheduled for October 21st, 2011. Mark your calendar now. **Sponsor** A [...]
I rarely watch business commentators on the news. After-all, when they are telling you what’s happening it’s already old news and most of their opinions are meant to get a rise out of you, not really inform you. The other [...]
There’s little argument that gold has outperformed every asset class in the past five years, maybe even the past ten. It is the currency of choice during times of chaos. But…so is the US Dollar. Yes, as much as we [...]
There is a disturbing trend developing. As the US Dollar craters against so many currencies around the world, and as US economic, fiscal and monetary policy has completely unclear consequences; the US Government is embarking on a stronger and stronger [...]
Gold went bonkers last week – strange when you consider it was on the back of a major power shift in Washington. Aren’t the Republicans running on a deficit reduction platform? Gold certainly doesn’t buy into that idea or promise, [...]
As I write this the S&P has rallied by almost 6% in just a few trading days. Get used to it. In an environment of uncertainty rallies and plunges are the norm. Two weeks ago things could not get much [...]
Was it really a surprise that the US Federal Reserve decided to pursue a course of greater easing of monetary supply at its meeting last week? The market certainly was caught by surprise, which in itself is surprising considering that [...]
Retire Rich and Happy Here The first baby boomers will reach retirement age this year. And the number of people retiring will increase each year for the next 19 or so years. These next 20 years will change our country [...]