Archive - Feb 2014 - Blog entry

Is History Repeating … Or Throwing a Head-Fake?

Gold has rallied another 1.2% today and touched resistance at $1,294/oz during Yellen's first testimony to Congress. Gold is testing resistance between $1,294/oz and $1,300/oz. A close above $1,300 should see gold quickly rally to test the next level of resistance at $1,360/oz.

A Data Goldmine

We at the Fed are the platonic guardians of the global financial system.  And our logic is undeniable….

Joseph Stiglitz, Nobel Laureate and Professor at Columbia University believes that the US economy was and still is sick. He believes that it will remain sick because of bad choices that have been made from 2008 onwards:

Crisis was averted. Or was it just put off for another day?

The flow of gold from west to east is confirmed as China reports huge increase in recorded imports.

Chopped him up and Fed him to the lions!

The Likeness of God is to Create not Consume.  Ingenuity and innovation are hallmarks of our human creativity. Curiously, those marvelous characteristics unique to mankind, which have delivered the most astoundingly advanced technological productivity gains ever conceived, are now fast displacing a multitude of relatively menial jobs previously attended to by human beings, who having been anchored to unsatisfying and unfulfilling laborious routines, were less able to enjoy the free time and space certainly required to become more creative enlightened beings themselves.

Gloomy commentary on the world's ageing population appears overdone. We look at key silver linings and the significant investment opportunities ahead.

Although there are no policy making meetings, central banks will still dominate the agenda in the week ahead.  

Better watch out, bitcoin!

Just too too busy...

He BOHICA!

A technical look at the currencies.  The phase that has characterized the first few weeks of the year has ended and a new one has begun.