Because we know the trend is down, there is no guesswork about trading from the long side in paper gold. There is no need to “predict” the price direction. Just wait for more information that buyers are beginning to increase (which they are not, so far), and then have a strategy for buying in a changing up trend. Presently, there is no evidence of a change to an up trend, so wait for confirmation and keep one’s powder dry.
Read More »The 10 Best Business Decisions Of All Time
When we see companies and individuals...become household names we have to wonder what it is that they did to get there...Take a look HERE at 10 of the best business decisions of all time, many of which have happened in the past decade or so.
Read More »Global Terrorism Index
The Institute for Economics and Peace, an Australian nonprofit think tank, calculates that the worldwide economic cost of terrorism was $52.9 billion in 2014, an all-time peak. After what happened last week in Paris and is currently ongoing in Brussels you can bet the cost will go much higher.
Read More »The Most Widely Held Beliefs About Gold Are Lies! Here Are 7 (+2K Views)
Many widely held beliefs about gold are lies – propaganda hammered home to have us believe the only true measure of wealth is government-issued debt. It’s hard to say which of the 7 lies about gold is the biggest whopper. You be the judge. Read on.
Read More »YTD Changes In Gold Reserves By Country (+2K Views)
The World Gold Council provides below a table of changes in gold reserves by country month-by-month and year-to-date. It shows the in- and out-flows of central banks around the world.
Read More »Conditions For Global Economic Chaos Now Set In Stone
Sadly, the fiscal and monetary conditions for global economic chaos have now been set in stone. It’s only a matter of time and, unfortunately, that time is short.
Read More »Who Is Going to Pull Global Economy Out of Its Funk?
Who is going to pull the global economy out of its funk? No one knows, but it’s not going to be China – regardless of how many more times the central bank is going to tweak its policies and cut interest rates. That’s what China’s trade fiasco is saying.
Read More »Don’t Like Stocks Or Bonds? Here Are 9 Alternative (Crazy?) Suggestions
When it comes to traditional investments, most people think of online trading, buying stocks, bonds, mutual funds...etc. However, the fact of the matter is that there are all sorts of...[other] investment options out there. Some might sound completely crazy to some, while others may be a bit more in the realm of reality...[but] many people have made good chunks of money off of such alternative investments.
Read More »The Top 10 Investors Of All Time
Through the combination of knowledge, skill and luck, the following top investors of all time have made their fortune through appropriate options trading, future trading and a variety of other methods. Go HERE to find out who they are and how they did it.
Read More »Fed Unlikely To Raise Rates Anytime Soon – Here’s 5 Reasons Why
The US Federal Reserve has been increasingly hinting that it would raise its policy rate at its next meeting, which is scheduled for December but their communications have been sloppy, erratic and contradictory. To get a sense of where the Fed might go a closer look at some of the key underlying economic forces, however, it is clear that there are 5 key reasons that the Fed is unlikely to raise rates anytime soon.
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