The mineral and industrial metal commodities may be nearing the end of their decade long rally. I think a very good case can be made for the highs to be put in sometime in the next twelve months. Political agendas...
Read MoreThis week’s article is based on a piece I read by Michael Hudson. He is a research Professor of Economics at the University of Missouri, Kansas City and President of The Institute for the Long –Term Study of Economic...
Read MoreThe platinum market has waffled along since the Japanese tsunami and earthquakes of March 11th and is currently undervalued by a number of measures. Initially, the platinum market sold off hard as industrial demand for...
Read MoreTrading the markets is sometimes like being a relationship counselor. There are times when it’s easy to see how one thing done or said affects the other’s actions. We use a fancy term for it, correlational analysis....
Read MoreLast week I suggested that the blame for the sell off in silver was incorrectly placed on the small speculators’ direct participation in the futures markets and further added that the volatility we’ve experienced is...
Read MoreLast week I suggested that the blame for the sell off in silver was incorrectly placed on the small speculators’ direct participation in the futures markets and further added that the volatility we’ve experienced is...
Read MoreFinancial writers and TV reporters require an authoritative presence to capture their audience. Sometimes, in the pursuit of sounding important, they borrow facts from one story to make the case for another. This was the case...
Read MoreThe commodity bubble of 2008 was a textbook bubble. Multiple markets participated and supply and demand had nothing to do with value. Commercial traders were losers when the prices traded did not reflect their view of market...
Read MoreDefining a market bubble has become a bit like the moral right’s hunt for pornography. They can’t quite quantify it but they’re sure it’s evil, it must...
Read MoreThere are times when the markets tell us more about what’s going on than the people on TV. I think this is one of those times. The recent rhetoric has been a political budget argument over nickels and dimes when we they...
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