Long-term trends grow from short term trends. We attampt to determine the short term trends and where they are pointing.
Elliott wave patterns suggested a bullish reversal a day before the rally On February 16, EUR/USD, the euro-dollar exchange rate and the most actively traded forex pair, surged over 170 pips, from below $1.30 to above $1.3150. The explanations for the strong rally boiled down to “hopes” that the Greek bond-swap deal would be reached. […]
Forex Market Insight: EUR/USD Rallies…Why? Read More »
Our friends at Elliott Wave International have just announced the beginning of their popular FreeWeek event, where they throw open the doors for you to test-drive some of their most popular premium services — at ZERO cost to you. You can access all the charts, analysis, videos and forecasts from EWI’s trader-focused Currency Specialty Service
Free Week of FOREX at EWI until February 29 Read More »
Rare earth elements (or REEs) is a generic name for 17 metals widely used mostly in high-technology devices, such as mobile phones, laptops, flat screen televisions, hybrid car batteries, lasers, optics, and military equipment. New uses for these metals are being constantly found, but more on that later. Despite the name, these metals are not actually rare in nature. The name refers to the fact that they are rarely found in a pure form and are usually mixed with other minerals, which makes extraction complicated and costly. Further, mining and refining of rare earth metals is environmentally challenging, due to acidic and radioactive byproducts.
Rare Earth Investment Update Read More »
By the Editors of The Casey Report, Casey Research President Obama promised to turn around the floundering economy that he inherited from his predecessor. He promised jobs. He promised transparency. Not only did he not deliver on those campaign promises, he has led the nation further into the abyss on all counts. Today we are
Obama: A One-and –Done President? Read More »
Interviewed by Louis James, Casey Research US-Iranian saber-rattling or impending shoot-out? In his usual, candid manner, contrarian investor Doug Casey talks about why he believes it’s serious this time… why the US is the greatest threat to peace today… why Iran might move towards a gold standard… and what smart investors should do. L: Doug-sama,
Doug Casey: Is a US-Iran War Inevitable? Read More »
A recently-published, landmark research paper shows the link between stock market performance and presidential election winners. What’s the biggest influence on the outcome of presidential elections? Many observers would identify the role of campaign spending by super PACs, a candidate’s debate performance, and, of course, the health of the economy (“stupid”). Yet if you want
Want to Know Who’s Going to Be President? Ask the Stock Market Read More »
This chart debunks a long-held myth. Back in the day, one of the first things I “learned” about investing was that low or declining interest rates are good for stock prices. I’ve since had to “unlearn” this. A certain market commentator recently reminded me of the “lower rates equal higher stocks” myth. He opined that
Do Low Interest Rates Power Stocks Higher? Read More »
Robert Prechter discusses what’s backing your dollars In this video clip, taken from Robert Prechter’s interview with The Mind of Money, Prechter and host Douglass Lodmell discuss “real” money vs the FIAT money system, and what is backing your dollars under our current system. Enjoy this 4-minute clip and then watch Prechter’s full 45-minute interview
Credit Crisis: Are We Set Up for The Perfect Storm? Read More »
You can probably relate: Every year, come January 1, I just can’t help but feel that “every little thing is gonna be all right,” as Bob Marley sang. This year, the mainstream financial community is sharing the same sentiment. Here’s how EWI’s Steve Hochberg summarized it [emphasis added]: At its conclusion, 2011 was marked by
New Year, New High Hopes for Stocks Read More »
A look back on 18 months of analysis and reports on the European Credit Crisis In 1999, 11 European countries surrendered their currencies for the euro and a shared monetary authority. Barely a decade later, the once-celebrated EU is in the midst of a credit crisis and its currency is facing collapse. Elliott Wave International’s
The European Debt Crisis and Your Investments Read More »
