Abstract: the proposed Iranian Oil Bourse will accelerate the fall of the American Empire.
I. Economics of Empires
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Abstract: the proposed Iranian Oil Bourse will accelerate the fall of the American Empire.
I. Economics of Empires
The Bernanke Era
The Sacrifice Ratio
How Important is Housing to the Economy?
On the Contrary: Why It Pays To Be Different
This week, Wall Street strategists cheered as the Dow Jones closed above 11,000 for the first time in four and a half years.
Here is an update on the gold sector.
With the gold price pushing to new 25 year highs, it is probably a good time to take stock of the longer term picture to see where the gold price might be heading. This will also enable us to see how far we have progressed into the new bull market.
Well now, haven't prices taken a nice upsurge? Everyone's at a profit position now, it seems. For some, they have waited a bit too long for this, and are now tempted to take their profits and sell…at a profit of course. Should they? I don't think so.
The New Deal Debunked
The conflict with Iran over their advancing nuclear program has moved gradually toward severe escalation. Iran's insistence to develop uranium enrichment facilities creates a supply fork.
There is a song that was recently re-made by a famous female vocalist. The title of the song is "More Than Words", but it was originally sung by a group called Extreme. I love the warm feelings in the song, and I usually listen to the original version.
Gold had a roller-coaster week, rising strongly early in the week to challenge its early December highs, and then scared a lot of traders on Thursday by looking like it was double-topping with those highs, before a really robust rally on Friday set the stage fo
If the first trading week of the new year is a sign of things to come, 2006 may finally reunite Americans with economic reality.
Happy new year and wishing you all peace and profits in 2006.
When the December Federal Reserve Open Market Committee meeting minutes came out on Tuesday afternoon, it was akin to a starter gun shot at the beginning of a race. Debate will persist on interpretation. Regardless, the year 2006 has begun with a bang.
New .9999 fine (24 karat) 1-oz legal tender $50 gold coins will be added to the U.S. Mint's line of gold bullion coins in 2006 when President Bush signs into law a bill that Congress passed in December.
Jesse Livermore said this many decades ago, and it still applies today…"it is uncommon for a man to be right and sit tight." And in order to help many who are invested in the gold sector to sit tight, meditate on the chart below whenever the short-term volatili
A gap occurs on a bar chart in a bull market when the low for any period (day, week, month) is higher than the high for the immediately preceding period.
To listen to the Bears over the past few years, you would have thought we would all be in breadlines and soup kitchens by now. So far, all of the ranting about doom and gloom sounds more like the boy who cried wolf than accurate forecasting.
There are never ending arguments by many market participants as to what constitutes a bull market, and a bear market. There are many definitions, interpretations, and downright confusions.
To their credit, Wall Street pundits have noted the proliferation of signs warning financial danger; to their peril most have chosen to ignore them.
Business Summery
It's always easy to make investment decisions in hindsight. It's much harder to have a vision for the future. I believe that paper money will be destroyed, and that gold and silver money will once again be restored as money worldwide.
When my children were small, I used to tease them, a lot. Now they're all grown up and I still like to tease them. I guess old habits die hard. In order to pull their leg, I often took advantage of the fact that they possessed a blind faith with respect to anything...
The Merriam-Webster Dictionary defines "El Dorado" as a place of fabulous riches or opportunity. In my opinion Eldorado Gold Corp. (EGO) might carry that definition to new heights as this Precious Metals Bull Market carries through to fruition.
Technical analysis has issued a loud positive signal for gold investors, and to currency traders. The euro currency is key to the USDollar in recent weeks in the Foreign Exchange markets (FOREX).
[Every once in a while an artist creates a work which weaves a mix of emotions that mimic the real emotions of people in everyday life. Such a work might even become a "classic" if the work is upbeat and tells a simple story.
[Every once in a while an artist creates a work which weaves a mix of emotions that mimic the real emotions of people in everyday life. Such a work might even become a "classic" if the work is upbeat and tells a simple story.
Monetary inflation*, despite its popularity as a 'cure-all' during times of economic stress, can't possibly bring about an increase in total wealth.
Despite all the hype, the Commodities:Gold Relative Strength chart remains intact