Currency Trading
Have Gold And Bitcoin Seen The Worst Of Their Bubble Bursts?
You know I’ve been fighting the gold bugs for a long time. Gold is an inflation hedge, not a deflation hedge. Turn to gold for safety during a deflationary period and you’ll get your ass handed to you on a golden platter! Gold is simply another commodity and it burst in the 30-year cycle top between 2008 and 2011, […]
Is Cryptocurrency Worth Your Investment?
Cryptocurrency has had a bit of a checkered past. First brought to the world in 2008, the asset saw dramatic gains. That is, until questions with regard to regulation started to come about. After bitcoin reached an all-time high of nearly $20,000 and other cryptocurrencies followed, these questions led to drastic declines that have been felt throughout […]
Looks Just Like The Late Stage Internet Bubble Into 2000
Cycles reoccur throughout history, but they more rhyme than duplicate. Each bubble tends to get more extreme than the last one because there’s more wealth to chase it. Wealth is concentrated in the top 1% to 0.1% and grows exponentially (income does not). The greatest bubble of our lifetimes was the tech bubble in the […]
Pros Are Watching This Chart Like A Hawk…
No doubt about it, the US Dollar has endured some tough sledding over the past few months. Ever since Ben Bernanke and the Federal Reserve announced an essentially endless 3rd round of quantitative easing (QE), the dollar’s been hard pressed to hang on. Take a look… As you can see from this one-year chart, the […]
Gold Bears: Will They Be Right This Time?
The bears are at it again… They’re all over the business channels calling a top in the gold market. These ill-fated analysts proclaim the yellow metal has finally peaked… and we’re about to see a bullion blowout. What’s their reasoning? They have their usual objections. You know, silly things like- gold has no useful purpose… […]
Institutional Investors Are Selling Gold
I’ve got bad news for gold bugs… gold is in a bubble. Before you send me a scathing email about why I’m an idiot, let me explain… You see, I don’t hate gold. I’m just as happy to make money investing in gold as I am in stocks, bonds, or any other asset for that […]
How The European Union Will Fall
As the EuroZone debt crisis drags on, the options for resolving it are getting thin. We’ve seen virtually every economic expert weigh in with their opinion on how the EU can be saved… If we step back and look at all the news over the past year, adding up the parts of the puzzle… there’s […]
An Epic Battle Is Brewing Over The Yuan
For some time now, China’s been working to turn their currency, the Yuan, into a global reserve currency. Their reasoning is fairly straightforward… they’d like to stop using the US Dollar for global transactions. China’s already taking steps to achieve their lofty goal. The most important step they’ve taken is “un-pegging” the Yuan from the […]
A US Dollar Rally Against All Odds…
It’s no secret the USD is screaming higher. In just over three weeks, we’ve seen the US Dollar Index climb from just around 74.00, to 78.50. And that’s after it has spent most of the year trading between 73.00 and 76.00. But you’ve got to be wondering… is this rally for real? I’m going to […]
