Finance

Central Banks Want More Gold. So Should You

MarketWatch published an article reviewing the growing gold repatriation movement throughout Europe. While the author tries to take a “balanced” mainstream view and even throws in a few swings at gold bulls, he is forced to admit that the trend is troubling. There’s only one reason so many countries would want their gold back on sovereign soil…

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Don’t save a tree — save your savings.  Saving a tree by going paperless is nice, but protecting your financial future is more important. Sony/North Korea adds another warning sign of your need to do something very simple to avoid a potential financial disaster.  Keep paper statements. Electronic statements from brokerages, banks and other financial…

Safe Haven Demand Rises Again

Another fall in the price of oil sent investors rushing to the safe haven currencies and helped to push up the Japanese Yen to a 1-month peak versus both the common currency Euro and the U.S. Dollar. Commodity-linked currencies, especially those in less developed economies like Russia, came under heavy pressure with the Russian Ruble…

Alliant Energy – Chart Of The Day

The Chart of the Day belongs to Alliant Energy (NYSE:LNT). I found the stock by sorting the Alliant Energy list for the stocks with the most frequent new highs in the last month then used the Flipchart feature to review the charts. Since the Trend Spotter signaled a buy on 12/18 the stock gained 2.72%. Alliant Energy Corp. is a growing…

Irrational Exuberance, Cuba Edition

The efficient-market hypothesis (EMH) requires that investors have “rational expectations,” that on average the population is correct and whenever new information appears, expectations are updated appropriately. Nice theory, but in the real world investors are anything but “rational.” As human beings, we tend to overreact to new information, behaving in an irrationally exuberant or irrationally despondent fashion….

EC Why You Pro

If anyone means to deliberate successfully about anything, there is one thing he must do at the outset: he must know what it is he is deliberating about. Otherwise he is bound to go utterly astray. Now, most people fail to realize that they don’t know what this or that really is. Consequently when they…