Someone is selling in size…Someone is buying in size. That’s what makes markets, as the saying goes. But that’s also what makes market manipulations, according to the bloggers at Zero Hedge.
[Read more...]Euro Held Hostage By Elections
May 4, 2012 By Leave a Comment
After reaching a high of nearly $106 on Wednesday, the price of oil has hit the slippery slope (yay!) all the way down to $101.27 this morning. While it will take a while before this ride on the slippery slope is seen at the gas pump, if ever, the psychological feeling it has for consumers is good. It won’t play well with the petrol currencies, like Norway, Canada, Russia, etc.
[Read more...]Euro Held Hostage By Elections
May 4, 2012 By Leave a Comment
After reaching a high of nearly $106 on Wednesday, the price of oil has hit the slippery slope (yay!) all the way down to $101.27 this morning. While it will take a while before this ride on the slippery slope is seen at the gas pump, if ever, the psychological feeling it has for consumers is good. It won’t play well with the petrol currencies, like Norway, Canada, Russia, etc.
[Read more...]Examining the Long-Term Benefits of Gold Investing
May 2, 2012 By Leave a Comment
Dow down, but only by a bit. Gold off, but only by a touch. Oil lower too, but just by a smidge.
We don’t go in for daily numbers, Fellow Reckoner. They’re too volatile. Too capricious. Too whimsical. One minute, stocks are on an upward tear. The next they’re crashing down again. Then you take a step back and realize the chart you’re looking at tracks movements by the fractions of a point. It’s like watching footage from a tiny camera, strapped to the back of an ant…at an IMAX theatre. Comfortably navigable ground suddenly becomes a terrifying terrain of Himalayan proportions. Who needs the headache, the vertigo or the motion sickness?
[Read more...]Examining the Long-Term Benefits of Gold Investing
May 2, 2012 By Leave a Comment
Dow down, but only by a bit. Gold off, but only by a touch. Oil lower too, but just by a smidge.
We don’t go in for daily numbers, Fellow Reckoner. They’re too volatile. Too capricious. Too whimsical. One minute, stocks are on an upward tear. The next they’re crashing down again. Then you take a step back and realize the chart you’re looking at tracks movements by the fractions of a point. It’s like watching footage from a tiny camera, strapped to the back of an ant…at an IMAX theatre. Comfortably navigable ground suddenly becomes a terrifying terrain of Himalayan proportions. Who needs the headache, the vertigo or the motion sickness?
[Read more...]Examining the Long-Term Benefits of Gold Investing
May 2, 2012 By Leave a Comment
Dow down, but only by a bit. Gold off, but only by a touch. Oil lower too, but just by a smidge.
We don’t go in for daily numbers, Fellow Reckoner. They’re too volatile. Too capricious. Too whimsical. One minute, stocks are on an upward tear. The next they’re crashing down again. Then you take a step back and realize the chart you’re looking at tracks movements by the fractions of a point. It’s like watching footage from a tiny camera, strapped to the back of an ant…at an IMAX theatre. Comfortably navigable ground suddenly becomes a terrifying terrain of Himalayan proportions. Who needs the headache, the vertigo or the motion sickness?
[Read more...]Examining the Long-Term Benefits of Gold Investing
May 2, 2012 By Leave a Comment
Dow down, but only by a bit. Gold off, but only by a touch. Oil lower too, but just by a smidge.
We don’t go in for daily numbers, Fellow Reckoner. They’re too volatile. Too capricious. Too whimsical. One minute, stocks are on an upward tear. The next they’re crashing down again. Then you take a step back and realize the chart you’re looking at tracks movements by the fractions of a point. It’s like watching footage from a tiny camera, strapped to the back of an ant…at an IMAX theatre. Comfortably navigable ground suddenly becomes a terrifying terrain of Himalayan proportions. Who needs the headache, the vertigo or the motion sickness?
[Read more...]
China Stops Buying Eurozone Debt
Good day. Here’s your second reminder — this coming Sunday is Mother’s Day. Don’t you dare forget! The Cardinals will be in town this weekend, making the Sunday game a Mother’s Day game. When I was a young man and played baseball, we always began our season on Mother’s Day. These days, the baseball season for youngsters has been going on for over a month!
[Read more...]