Trickery and treachery are the practices of fools that have not the wits enough to be honest – Benjamin Franklin 1706 -1790
It always amuses me when the government releases certain data, such as inflation data; there is a bevy of economist and market mavens who draw all kinds of conclusions, then make forecast’s as if [...]
John Von Neumann, a Hungarian physicist introduced the world to “Game Theory” through a 1926 paper which proved “the only rational way to win at a childhood game called match penny, was to try not to win. In match penny, two players turn up a coin at the same moment. If both coins are heads [...]
It seems the general consensus is we are in a full blown recovery. There is little doubt that the worse of this crisis is over. I sure hope that is true, but when I see complacency in the financial markets such as I see today, so soon behind a meltdown, I have concern.
The politicians on [...]
“Everyone has a plan ‘till you get punched in the mouth’” – Mike Tyson
Mike Tyson knew how having your plan challenged can be rather upsetting, and could perhaps change your entire pre-conceived expectation. Surprises, whether expected or not, can drain the confidence right of out you, and cause you to make irrational decisions.
Most good traders [...]
Most of the articles and media reporting are centered around the stock market, because most investors and traders look to the stock market for returns. A few newspapers and magazines occasionally talk about commodities, but are mostly reporting on Gold, Copper and Oil.
I thought I would put out the performance of 40 different markets (compliments [...]
Even the just may sin with an open chest of gold before them – Latin Proverb
The big question in the bullion market now is China. Is China about to make a large purchase from the IMF? According to Commodity Online “It seems so.” If media reports are to be believed, China has already sealed a [...]
Even the just may sin with an open chest of gold before them – Latin Proverb
There seems to be a lot of chatter around the street that Gold will fall due to the dollars recent strength, which the experts say will reduce investment demand. The correlation between the dollar and gold remains firmly in positive [...]
