Always perform your own due diligence. These are only my opinions.
Saturday, May 19, 2012
Saturday, May 19th
Yes, it's May and all is well in the bear's gray sky world.
No one should have been caught unaware this year, as it has become - mathematically, at least - an odds-on annual event. There were warning signs dating back to Good Friday, April 8th, when professional traders initiated a fairly significant drop in the futures markets. While it is true the markets managed to reverse course and move higher shortly thereafter, the failure to follow through with a bullish thrust after overtaking (barely) the previous high was just enough to leave buyers with cold feet.
So here we sit: The bearish campaign is once again out in full-force with pretty much every analyst (professionals and amateurs alike) warning us that "The Big One" is finally underway.
Good Lord, I hate May!
Always perform your own due diligence. These are only my opinions.
Saturday, April 28, 2012
Tuesday, April 17, 2012
The Dow Holds
The Dow held a Bollinger Band midpoint and a Volume x Price bar on the weekly, which managed to stave off the bears for another day.
Always perform your own due diligence. These are only my opinions.
Monday, April 16, 2012
Mining Investors Beware
Beware, mining investors, nationalization programs could be coming soon to a theatre near you.
Argentine President to Nationalize Oil Company
Are your mining stocks really safe when sovereignty gets in the way?
There are no guarantees all those junior mining stocks in which you've invested, in all the various countries around the world, won't be subjected to the exact same thing that happened today to YPF. That is for you to decide but, clearly, Argentina is just one country of many who may have already decided that what they have is theirs, thank you very much.
It is news like this that could very likely add a premium to physical precious metals in the very near future. Mining stocks have always represented a risk, and the stakes just got higher.
Always perform your own due diligence. These are only my opinions.
Argentine President to Nationalize Oil Company
Are your mining stocks really safe when sovereignty gets in the way?
There are no guarantees all those junior mining stocks in which you've invested, in all the various countries around the world, won't be subjected to the exact same thing that happened today to YPF. That is for you to decide but, clearly, Argentina is just one country of many who may have already decided that what they have is theirs, thank you very much.
It is news like this that could very likely add a premium to physical precious metals in the very near future. Mining stocks have always represented a risk, and the stakes just got higher.
Always perform your own due diligence. These are only my opinions.
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