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Author: Michael Kahn

Gold is the real deal

Everyone is talking about the weak dollar and strong commodities relationship but there is more to the gold rally than money falling from helicopters.To wit: this is gold priced in euros – the major component of the US...

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It’s the liquidity, stupid

(With no apologies to Clinton campaign strategist James Carville) It’s the massive deficits that are bullish not fibonacci ratios as such babble. – Larry Williams, trader extraordinaire (and really generous...

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The Church of What’s Working Now

The question is, “what changed in the mid-1990s that made this indicator work? Not the bull market/bear market change.  Interestingly, it was the last time the Republicans swept into power. It was also the end of a...

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Social Media and Scams

This may not have to do with your portfolio but it does have to do with your wallet. Last month, we got a call from detective with Westchester County police asking to speak with my 15-year old daughter. Why?, we asked. We are...

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CNBCee ya later!

Uh oh! Viewership is down.http://www.streetinsider.com/Insiders+Blog/CNBC+Says+Goodbye+to+More+Viewers/6070785.html The article ends with this: “The decline could suggest that investors are turning to rival networks...

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Milk

Here is a chart of the milk futures contract I mentioned in today’s column.  Note it has been rallying since early 2009 after falling during the bear.Take that...

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A Snoozer

If things end up where they are (its noon) then the market will notch its seventh consecutive doji candle Open and close at the same price). One doji means uncertainty. Two is a pretty good signal something is up, as in...

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Rare Earth ETF

Rare earth metals have been the news about a week when all of the sudden a new ETF is coming. These metals are hard to find in mass quantities and are used in many applications. Of course, China is hoarding them as they seem to...

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I am past retirement age somewhere

The retirement age in France was raised from 62 to 65 and of course they rioted. Maybe they can move to Turkey and get on the gov’t dole at 45.  Look what the specter of a European migration to higher retirement ages...

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