All the good work of the PMIs were wiped out by the Non Farm Payroll which fell short enough to unconvince about half the world that the Taper is imminent. “Fed watchers Jon… Continue reading
I bought some Gold last week after I said I would but I really did not expect the ferocity of last Friday’s move. https://tradehaven.net/market/fx/good-news-or-bad-news-bad-news-for-em/ It really gives us something to think about as… Continue reading
“…Billionaire hedge fund manager John Paulson, who told investors as recently as last month that they should own gold, cut his holdings in the metal by more than half as prices plunged into… Continue reading
This shows how on the edge the market is. Did anyone see that big candle in Gold this morning ? No explanation offered yet except that a german bank bought a chunk. USDSGD… Continue reading
Gold did well overnight, so did the JPY. It seems that after years of USD weakness, some still cannot accept that the USD will be king in the next two years. What we… Continue reading
http://www.southparkstudios.com/clips/222624/the-importance-of-saving-money Uncanny that I was sent this SouthPark video, The Importance Of Saving Money, by Retired Trader and chanced upon, almost instantaneously on a WSJ article No Trends, No Friends for FX Funds –… Continue reading
Bernanke says he does not understand Gold. What about Tesla ? For a company that expects to sell 21,000 cars a year, its market capitalisation has surpassed Mazda which sells 1.3 million cars… Continue reading
Another Day, Another Manipulation – Gold
byJust got this fresh off the Barry Ritholtz blog and he is a big name to follow. “Long-time trader Andrew Maguire told told King World News this week that 2 JP Morgan whistleblowers… Continue reading →