Tag: currency
What Silver (SLV) Needs Most
Now that the impact of the US-Iran situation is apparently absorbed by the financial community, we can look at its effects on silver and see if they tell us anything. And they sure do. Here’s a very simple 3-month chart of SLV, the unleveraged US silver ETF that trades on US markets. If we look at the relationship […]
Is Bitcoin Back?
100%. That’s how much the price of bitcoin increased since December 31. At last check, the cryptocurrency was trading at $7,502, after jumping 14% on Friday and 7% on Monday. For non-mathematicians, that’s more than 20% in just a couple of days. Not bad. So, are cryptos back? If you’re looking for an investment with zero assets, no […]
Looking For Action? Check Out Wheat Futures
Have you seen wheat prices lately? Talk about a wild ride… I’ve never seen anything like it in more than 15 years of trading. Wheat futures prices are all over the place. Huge swings are occurring on almost a daily basis. In fact, wheat had one of its biggest daily gains ever in early August. […]
Keep Your Mouth Shut!
Sometimes I get so frustrated I want to YELL at my computer screen. Do you know what I mean? You’re surfing the web or reading the paper, when you come across a provocative article. It’s often something simple… and you can feel your face get flush. Your blood is literally about to boil. It’s a […]
Are You Holding This Fund?
Have you see the US Dollar lately? It’s hands down the “belle of the ball” right now. With Europe a mess and China trying to slow down economic growth, investors are flocking to the dollar. Once again, the United States is the safe haven for global investors. Many investors are moving their holdings from international […]
What I Told My Brother About The Yen
A few weeks ago, the phone rang… It was after 10:00 at night and I didn’t recognize the number. I flipped it open and said, “Hello?” The phone crackled from half way around the world. It was my brother. My youngest brother had just moved from his home in Hawaii (I knew I should have […]
Did You Hear This Rumor?
Did you know that Wall Street is just like high school? Not only does Wall Street have its own group of cool kids and nerds… they also have the all important rumor mill. I’m sure you know what I’m talking about. The rumor mill in my high school was all about who was dating who… […]
The US Dollar Going Crazy Again!
The US Dollar is on everyone’s radar these days. It’s not just currency traders on pins and needles about the direction of the Dollar. Stock traders, bond traders, commodity traders, and governments around the world are watching the Dollar’s gyrations. I’m surprised more people haven’t had aneurisms over its recent fall. Why all the attention? […]
