Archive - Aug 6, 2013 - Blog entry

There are lot of similarities between the 1920s and today.  In fact Livermore’s quote says it all: “There is never anything new on Wall Street, because speculation is as old as the hills.”   1924-1929 bull market was rigged by stock manipulators.   Ninety-some years later the market is still (or at least is perceived to be) rigged by ...

According to the index the construction of the world’s tallest buildings have always coincided with the great slumps and recessions that we have gone through in history.

It seems I arrived in New Zealand just in time to see the country implode over a bit of botulism and bad PR. Good thing I haven't converted all my dollars into kiwis just yet!

If the Fed drop the ball and move too quickly they could endanger the fragile economic recovery, on the other hand if they move too slowly they could stoke inflation in the near term. 

The “smart” money is fleeing the market en masse (institutions, wealthy private investors, etc.).

In honor of those who inform...

I fully expect that tens of thousands of young Americans will be visiting Yemen in the near future.

Bilderberg Approved!

Bullish on one, no so much on the other.