Monthly Archives: August 2011

Kiwi Bullish Run Could be Losing Confidence

#KIWI Bullish Run Could be Losing Confidence The National Bank of New Zealand reported that business confidence in August fell 13 points to a net 34 percent of businesses maintaining a healthy outlook in the economy over the next year. 

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Gold In and Out and the Week Ahead

If you are following me on twitter, this post explains my quick trade on gold for today. Earlier this morning, I tweeted that the yellow metal appeared to have stabilized near the $1,790 area.  I targeted a quick bounce towards

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The Fall and Rise of Gold

The summer of 2011 will be remembered.  The volatility in the financial markets brought back memories of the violent price action witnessed in 2008, but the end result is unfortunately, that the state of the U.S. economy remains very weak. 

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Is the Stock Rally Justified After the Fed’s Statement?

The short answer is: No! A detailed explanation to come later

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Not So Fast, Too Early to Say This is Not 2008

Today, Standard and Poor’s downgrade of Fannie Mae, Freddie Mac and other agencies accelerated the decline in the equities markets.  The common theme however is: This is not 2008.  One should not be too quick to make that claim.  I

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Gold… the True Safe Haven Currency

New Record High – $1,718.20 If you want to take advantage of the recent moves in gold, by other means than exchange traded funds or gold mining stocks, there is still time to open a futures account.  Gold has consistently

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