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The Smoking Gun: GS Telling Everyone To Jump In Finally
2014 Sep 4 Thu 13:22:51 | by
Thanks to zerohedge, we now know GS wants everybody to buy the all time high, now!
As far as people with memory can recall, every time GS calling everyone to jump into anything …
Oanda halted its margin trading on gold and other precious metals in US
2014 Sep 2 Tue 8:13:51 | by
As reported through its user forum as oppose to making it a normal announcement,
https://fxtrade.oanda.com/community/forex-forum/topic/54009265/
As Oanda drops gold from its CFD product mix, it is making it less desirable for traders to trade with them in US.
Maybe, as I reported before, the FX business in US is dying anyway so it is no longer important?
Why the secrecy?
Giving Money Out To People Directly To Boost The Economy
2014 Aug 26 Tue 12:25:53 | by
Latest fun idea to boost the economy is here.
Well, since Bennie suggested the money to be distributed through a lottery process (i.e. bottles of banknotes), I like to modernize it a bit:
1. Simply cut off the QE program and next to none interest rate window for the banks
2. Declaring the buying of 1 Bitcoin for a million US dollar each
Money goes directly to as many computer geeks as one can imagine and they will surely go into spending sprees buying up all the latest tech gadgets.
Oh, since the Fed and its peers do not like to do things in the light, they can just QE the bitcoins in stealth just like what they are doing to support the stock markets worldwide.
Talking about kick starting the economy – you can’t beat this.
Disclosure: the author of this article definitely own some bitcoins
Following is my channel chart on gold. I have posted the same chart in the past which pinpointed multiple turning points over the years. It is worth reviewing this chart again for clues to the direction of gold in second half of this year. Notice ...
My article on S&P500 outlook for the coming 2 months is now available at SeekingAlpha. You may have to sign up (for free) to read the full article as it is selected for their exclusive offer. Premium members here already know about my analog pr ...
There are 2 specific crisis involving USA and countries supported by USSR / Russia. Cuban Missile Crisis, October 14 to 18, 1962. 10% correction. Gulf War, Operation Desert Shield portion, 2 Aug 1990 to 17 Jan 1991. 17% correction ...
A bunch of headlines to think about: Jun 24, 2014 Bull markets don’t die of old age, why Dow 44,000 is coming Jun 23, 2014 Fed gives 'green light' for Dow 18K: Siegel May 31, 2014 'For The First Time In Forever,' The Dow Will Hit The Magic 18,00 ...
Latest data from CFTC is telling us that the drastic margin requirement increase is working - the retail traders are moving away from the US regulated brokers. Source: Leaprate.com And the breakdown of the pie among the regulated brokerages. ...
Gold bulls will send me hate messages again but those who are open to trade ideas can take a look at this chart. These down channel lines are drawn 2 years ago and they keep giving. Notice the yellow zone on the right side marked a turn from a ve ...
Charts that will likely play a big role in the 2nd half of this year. All charts marked with 2013 STOPD levels with the usual expansions. Amazon Classic 20% reversal from a blow-off top in place. Just like what happened to Apple all over again - t ...
