Monthly January, 2012
Continued from Blogs of January 26 & 29, 2012 Dealing with the debt problem means firstly understanding the economic powerhouse that is the USA. The US $ remains the world’s currency and is accepted universally. Fixing the US $ is PRIORITY #1. In the previous blogs, we discussed – Bringing government expenditures under control –...
Continued from Blog of January 26, 2012 Dealing with the debt problem means firstly understanding the economic powerhouse that is the USA. The US$ remains the world’s currency and is accepted universally. Other currencies float in relation to the US$. Fixing the US $ is PRIORITY #1. In the last blog, we discussed – Bringing...
How to Deal with the Debt Problem Dealing with the debt problem means firstly understanding the economic powerhouse that is the USA. The US$ remains the world’s currency and is accepted universally. Other currencies float in relation to the US$. Stability and a return to currencies floating within expected ranges vis-a-vis the US$, brings a...
The Hindsight Comparison of the Banking Crisis in the Weak Sisters in Europe As the world gradually turns against printing ever more money, we see Germany refusing to loan ever more to the weaker members of the EU; we see the Republicans in the USA turning against the policies of George Bush in printing money...
Headlines Recently Talked About an Oversupply of Iron Ore Over the last several years, the search for iron ore intensified, and because of demand from China and Eastern countries, there was great interest in new deposits prospected in Canada and elsewhere. Recently headlines had two themes. Firstly, the sheer number of new refineries and steel...
The Attractiveness of Gold In a recent blog, I suggested that patience and technical indicators were key in buying gold. I suggested that the moment had not yet arrived to make this investment again. This week there were announcements from Bankers in parts of the world that they were adding to their gold purchases. Bankers...
The Volatility of Gold Some months ago we cautioned readers that investing in gold at that time was quite a risky thing to do, as it was an even bet as to where gold would head. We suggested that the reader could flip a coin as to whether to invest or not and strongly urged...
Golden Cross Technical Analysts rely on historical comparisons to determine their view of what the Charts Say. One of the strongest indicators watched is when Moving Averages (MA) cross each other. A shorter term moving average crossing a longer term moving average is considered a strong indicator. A Golden Cross is when a 50 day...
The Financial Post today reports that US private sector hiring surged in December as employers added 325,000 new workers, while claims for jobless benefits fell. This come from the ADP National Employment Report. As a comparison, in November 2012, 204,000 private jobs were created. “The number is stunning” quote by Wayne Kaufman, chief market analyst...
A Happy New Year to Readers Reflections Over the Holidays The end of a year and the start of the next is an annual time for reflection and catching up on reading. The economic downturn has had some dramatic negative effects on many people, but what becomes apparent upon reflection is the similarity in some...