by Ugo Bardi, Resource Crisis Ladies and gentlemen, first of all, let me say that it is a pleasure and an honor to be addressing this distinguished audience today. I am here as a faculty member of the University of Florence and as a member of the Club of Rome, but let me state right away…
The rank economic cheerleading in the guise of “news” printed by the Wall Street Journal, Reuters and the rest of the financial press never ceases to amaze. But on the heels of Congress’ pathetic capitulation to Wall Street over the weekend you have to wonder if even the robo-writers who compose the headlines are on…
The S&P took another beating as it undercut its 50-day MA. The day finished with confirmed distribution without any clear late day surge by bulls. Tomorrow could offer more of the same, although there is the benefit of Fib retracements on which buyers can lean on. The Nasdaq finished on breakout support. However, today’s candlestick…
“The real owners are the big wealthy business interests that control things and make all the important decisions. Forget the politicians, they’re an irrelevancy. The politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice. You have owners. They own you. They own everything….
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I know it sounds weird on a day when gold bugs are being scattered back down Hamburger Hill, but gold (GLD) is still normal by its daily chart. Sorry, but at 2:17 ET on Monday (of Fed week no less) it’s chart is still normal. Indeed, I had been expecting a touch of the lower…
Gianni Kovacevic, the author of “My Electrician Drives a Porsche?” and executive chairman of CopperBank Resources Corp., takes a scientific view of historical, social and environmental trends in energy usage and identifies copper as the common denominator. As global energy usage increases, most of that energy flows through copper. In this interview with The Gold Report,Kovacevic…
We suspect more than a few are feeling like this after today… What started out exuberant – with proclamations that oil and stocks had found a bottom – ended badly… Apart from JPY – which was bid almost 1% against the USD – everything was sold today… Treasury yields up 6bps at the short-end, Oil down over…
Dear Mike, I spotted something on algorithmic trading on your blog, and finance and investment are a bit of a hobby of mine. I am sending you a press release about a Canadian trader who has worked out a successful trading technique based on an algorithm, and a new trio of former Harvard fellows have…
Jim Sheppard combed store shelves last week to find the hottest toy of the season: the Disney Frozen Castle & Ice Palace Playset. But it wasn’t for a Christmas gift for the children in his life. Instead, Sheppard, who lives in Hebron, Ky., bought the $119 playset to list in his online store at Amazon.com,…
