Jul 19, 2010
Market pundits are funny because they tend to look at every little piece of economic news.
Right now, it seems like everyone is worried about a double-dip recession after the recent slowdown in the economy and housing numbers.
However, what very few pundits take into...
Jul 12, 2010
I usually don t weigh in on politics.
However, the fact of the matter is that political decisions can affect economies.
Look at Greece, where huge payouts to the public sector and payouts for pensions and the like have bankrupted the economy and caused a debt crisis...
Jul 1, 2010
Bubbles usually have two major features.
• There is irrational buying. Prices go up just because ... they are going up. These increased prices create more buying.
• There is a sense that because prices have always gone up, they can t go down. The market is...
Jun 24, 2010
Politicians are a dirty breed.
They often have their own issues, agendas and views most of which, on both sides of the isle, are wrong in my opinion.
One of the big agendas as of late is that the Chinese should devalue their currency and that the yuan is overvalued....
Jun 16, 2010
Let me state that I don t like the euro.
I have been bullish in the last few weeks because I don t see the euro ending its existence and because when pessimism is too high, that s when you buy.
We have seen relentless pessimism regarding the euro.
The Daily Sentiment...
Jun 10, 2010
There is a lot of talk of the economy seeing a double-dip recession.
Many are worried over debt problems in Europe.
Personally, I don t believe these types of views.
I do think that an economic expansion is underway in the United States. GetDavid Skarica's Gold Stock...
Jun 2, 2010
Last week, we talked about holding our nose and buying the euro.One of the least-mentioned and least-used aspects of trading and investing is sentiment.
At market tops, news is good and people give you all the reasons in the world to buy.
At market bottoms, they give you...
May 27, 2010
Let me begin by stating that I don t like the euro.
It is very flawed. However, the U.S. dollar is just as flawed.
My favorite currency longer term is probably the Canadian dollar.
Canada has a wealth of resources, a solid banking system and a controllable debt load....