Commentaries

The past couple weeks I have been keeping a close eye the price of gold and the gold miners index. I check to see if its pointing to higher or lower prices in the near future using inter-market analysis, price and volume, along with technical analysis. At this time the charts are still pointing to lower prices in the coming days or weeks.

In response to two articles recently by much greater and high profile minds than mine I thought I’d put a little pice out showing how technical analysis does work in the Gold market.

When you are involved in a roaring bull market, a great number of imaginary views come into existence around you. Great care must be taken so you don’t become enveloped in these imaginary dreams, and then find yourself destroyed by nightmares of reality.

Political as well as economical developments around the globe, especially in the Middle East, have affected the commodity markets during the previous week.

It has been my contention all along that the Fed would print until something breaks. Once that break occurs we will enter the next leg down in the secular bear market. This time I don’t expect it to be the credit markets, although we will almost certainly have trouble in the municipal and state bond markets. Some may even default.

While Ben Bernanke says we are not seeing any inflation, I think most of us know that is a load of BS as other countries like Egypt see food prices surging.

Weekly Review.

The world of warrants is the undiscovered constellation in the universe of securities. Long term (LT) warrants shone brightly in 2009 – up 242% in U. S. dollar terms – and were up a further 91% in U.S. dollar terms in 2010.

Or put another way, it’s only our obligations, our promises… ha ha ha.  We’re too busy taking the easy way out, like deadbeats.  This is actually fairly disgusting to look at for some who ostensibly benefits from this process.  Imagine what it will feel like to the non financial geeks when it dawns on them … Continue reading

Political and social unrest in the Middle East was the most discussed topic during the week. Restlessness and riots could inflate food prices in the region and worsen the economic balance further.