G7 (and Fed), Right on Cue
I have had a lot of fun with the centralized policy making over the years. Recall the Outer Limits theme? There is nothing wrong with your television set. Do not…
I have had a lot of fun with the centralized policy making over the years. Recall the Outer Limits theme? There is nothing wrong with your television set. Do not…
We noted in NFTRH 399 that the VIX had made a big move on Friday but that it had rammed right up to the resistance at which bulls had owned…
It must be a gold bull market because... Gold analysts (code for gold obsessives; analysts cover asset markets, including gold), who for years pumped people to be bullish despite an…
[edit] This from a long-time NFTRH subscriber... "Based on my more than 40 years experience as a portfolio manager and financial adviser I can only say: how right you are!"…
Otto at IKN heads upped me to an exchange he had with a subscriber (who, from what I gather is a former subscriber to NFTRH). I want to highlight and…
That backwater mine that you hope to make your retirement on, exploding upward on hopes, dreams and a lot of good old fashioned Canadian promotion, is actually nothing special. Subscribe…
The title of this article is not an assumption that you, astute reader, are little more than a robot following the direct and implied commands of other robots when trying to make logical sense of the state of modern financial markets. Personally, I have found that I need to stay on a path of post-deprogramming maintenance in order to stay right with a complex market backdrop.
On an inward-looking basis, we as investors and traders are faulty humans going up against robots (Ref. Rise of the Quantitative Robots) that are much smarter than we are with numbers, with data mining and with extrapolation. What do we have, puny little human brains with all associated biases, ego distortions and other faults? Yes, that is us.
We can mitigate these things by committing to double check our egos, first and foremost making sure we realize that we will err, we are not the best there is and the market does not care even one little bit about us. We can commit to being the best ‘me’ we can be.
Woeful earnings threaten to intensify stock-market bloodbath Got to hand it to MarketWatch, they don't discriminate. When trends are bullish they pound the point home while players are at max…
In August of 2005 I wrote an article entitled Waiting for Goldot. It seems silly now but the mood of the time was one of frustration for many gold bugs…
Because regardless of the conspiracies you may see all around they are using real bullets! You are just as dead whether gold is being actively manipulated or not. NFTRH.com got…
I discovered the gold sector in 2001 at the beginning of the last bull market. There I found inflammatory commentators going on about the death of the dollar and a…
As posted at Biiwii this morning…
There is a writer we’ll call Don Quixote who is tilting at something that no longer really exists… the evil gold promoters that used to be taken seriously by innocents to the tune of near total destruction of their portfolios.
Don once went on about the gold cult and I even highlighted his post because I had been going about the gold cult as well. The cult-like aspect of the gold “community” (← a dead giveaway) was real, and the group-think that the 2001-2011 bull market fostered was very strong and really damaging to those who did not question its tenets until it was too late.
Folks, with the SOX hovering just below target, the Biotech sector arcing upward, the Russell 2000 having broken to the upside, the VIX back near its lows, Nasdaq 5000 headlines...…
It's all about confidence, right? Right. In 2011, when the commodity and 'inflation' trades blew out, the Federal Reserve was completely discredited, with gold bugs out front poking them in…