In earlier times only millionaires and financial industry experts could afford to get involved with investing. Now every individual has access to this activity without regard to his age, sufficiency level, and social status.
In 2020 very much a boom occurred in the equities market! Now people understand that nobody is insured against financial distress and it is very important to have the rainy-day fund. Continue reading
Charles Hugh Smith – To understand why the global economy is unraveling, we have to look past the headlines to the primary dynamic of globalization: Neoliberalism, the ideological orthodoxy which holds that introducing market dynamics to sectors that were closed to global markets generates prosperity for all.
This is known as Neoliberalism, as liberalizing markets means opening up sectors that had previously been restricted. Neoliberalism holds that global market forces introduce efficiencies and opportunities that then pave the way for growth. Global market forces include not just new buyers and sellers of goods and services but the introduction of vast new markets for credit and risk that far exceed what was available in local marketplaces. Continue reading
Crypto trading is an open, emerging and exciting field that provides traders with opportunities to prove themselves. Unfortunately, numerous individuals aren’t able to accomplish great outcomes in this market and fail to prosper. Truth be told, an astronomical amount of these neophyte traders end up losing more cash than they make. This is due to lack of guidance and not being well-versed in the field.
Figuring out how to navigate any monetary market can be quite overwhelming and is unquestionably not something anyone could be an expert in a day. There isn’t a shortcut towards success in this field. It takes time and consistent hard work. Continue reading
Greg Hunter – Financial expert Alasdair Macleod says the most important economic news concerns the U.S. dollar. Macleod explains, “I think the most important point is actually the dollar has turned. The panic move into the dollar by miners and producers of raw material . . . was driving the dollar up. That has now ceased. China has now started buying those raw materials, base metals, oil and so on and so forth. So, the result is the commodity crisis is over. That, actually, is the biggest driver of the dollar, which is pushing it down.”
On the U.S. economy having a huge recession, Macleod contends, “Actually, the underlying business conditions are not good. What we have seen for considerable time is U.S. corporations have increased their borrowing, to invest in production—no, to buy back shares to artificially inflate their earnings. There comes a point that if you don’t have the underlying cash flow, you can’t do that anymore. I think there is a concern in the markets we are getting near to that point.”
http://youtu.be/iu4uFEHbSng
Macleod predicts when the market turns, it will crash big-time. Macleod contends, “Whenever markets get mispriced, the correction is always very sudden, unexpected and hurts a lot of people. Now, we don’t have it in just one market, we have it in all markets. So, I would expect on that basis alone, that when the thing starts sliding, it’s going to be very, very big and actually could be systemically big.”
“Nothing ever changes on Wall Street. Speculation is as old as the hills. What has happened before in the markets will happen again.” – Jesse Livermore
Michael Noonan – Despite taking his life at the Sherry Netherland Hotel in 1940, at the age of 63, [he considered himself a failure], Livermore is revered by many as the consummate trader.
We often comment on the importance of rules, and our adherence to rules does not come from Livermore, but he always attributed his losses to the times when he failed to follow his rules.
Our point is that markets never change, and as it turns our, neither do people, and certainly not when it comes to trading/investing in the markets, stock, commodities, etc. Most people do not have a set of written rules that they follow at all times. A lack of discipline would have to be next in rank. It can be hard to be successful in the markets with rules and discipline. It is impossible to succeed without them.
The greatest credibility for market analysts is given to those who talk a great deal about fundamentals. On the opposite end of the spectrum, those to whom the least amount of credibility is given, are technical analysts and chart readers. We fall in the latter, reading
the markets through developing activity in the form of price and volume.
The one constant we have delivered in our commentaries is the importance of knowing the trend, first and foremost. Since the 2011 market highs in PMs, the trend has been down, and the trend for both gold and silver remains down to this day. We also have made the distinction between buying and holding physical gold and silver and not being long in the futures market. seemingly related, [only now tenuously by price], but very different in purpose.