Gold •127 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 999.40 | +6.60 | +0.66% | |
WTI Crude •10 mins | 72.34 | +0.65 | +0.91% | |
Gasoline •10 mins | 2.052 | +0.017 | +0.84% | |
Ethanol •127 days | 2.161 | +0.000 | +0.00% | |
Silver •127 days | 30.82 | +1.16 | +3.92% |
Silver • 127 days | 30.82 | +1.16 | +3.92% | ||
Copper • 127 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 75.62 | +0.70 | +0.93% | ||
Natural Gas • 10 mins | 2.700 | -0.047 | -1.71% | ||
Heating Oil • 10 mins | 2.288 | +0.018 | +0.78% |
Contributor since: 01 Jul 2011
In 2004, after retiring from a very successful building career, I became determined to learn all I could about the stock market. In 2009, I knew the market was seriously oversold and committed a serious amount of capital to the market. Needless to say things went quite nicely but I always remembered 2 important things. Hubris equals failure and the market can remain illogical longer than you can remain solvent.
I can't be the only person that finds it a bit ironic that the fate of the global economy rests on the decision of whether…
Yesterday on Thursday the market rallied off of a plan that the Euro zone leaders had promised and investors had demanded. That alone came as…
Several weeks ago, for the second time, I called for a buy of SPXU too early. The Pro Shares Ultra Pro Short S&P 500 (SPXU)…
I had at least six emails today asking if the run in gold and silver were over. The answer is most definitely - Maybe!!!! My…
Yesterday, I had several readers ask if it was possible that my theories on silver going to $50.00 to $60.00 by year's end were wrong.…
Pro Shares Ultra Pro S&P 500 (UPRO) is a triple leveraged fund that seeks a 300% return on the performance of the S&P for a…
In 1940 Jesse Livermore wrote one of the classic books on the workings of the Stock Market "How to Trade in Stocks." By this time…
For years, Labor Day weekend was a time to take a break from work and celebrate the fruits of our labor. Sadly last weekend was…
Gold is for wealth preservation and silver is for bartering. If we are talking about protecting wealth in the amount of several million dollars then…
Here's a great trivia question for you. What asset has appreciated more than any asset since the year 2000? Answer: Farmland. 1,200% Food prices are…
On Wednesday August 17th the CME came out with an announcement that they would be raising margin rates on the purchase of future contracts on…
Well we've done it. It's official. The partisan bickering in Congress has managed to snatch defeat from the mouth of victory. I have written that…
Today I am going to do something really amazing. I am going to tell you that in my opinion the U.S. economy has not entered…
Well it looks like an agreement has been reached and all that is left is to cross the T's and dot the I's. For those…
I was watching Speaker of the House John Boehner speak today on Bloomberg TV (yes I have the TV on while I trade but the…
Am I the only one who finds it a bit ironical that the agencies that were supposed to protect us from the greed of the…
Yesterday was a very interesting day. All of the stars were aligned for a perfect storm as Asia had sold off 3%. Europe's market was…
If there is an agreement reached by Congress and the debt ceiling is raised Gold and Silver will go up. If there is no agreement…
I have been writing for some time that I could not get my hands around the silver trade. I had a feeling when the market…
There's an old saying. "What goes around comes around." Well today President Obama held a quick press conference and announced that the "Gang of Six"…