Economic Depression
No one really knows which direction we are headed however it seems that Nouriel Roubini and Eric Sprott, CEO of Sprott Asset Management are more leaning toward the direction of an Economic Depression. So far we have not a crash similiar to the 1929 crash however in many sectors ( building, real estate, manufacturing) there exists an economic depression. The causes of depression are wide spread. From Cheap money to reckless lending. I hope as you do we do not end up in a situation similiar to the 1930 depression.
Nouriel Roubini and Eric Sprott were interviewed last week. It is informative and interesting.

My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I am a commodity trading advisor/co manager of a commodity pool who adheres to the philosophy of trend following.
Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets us apart from other Commodity trading advisors and commodity pools is that we are not only concerned about the return on investment but how much risk you will have to tolerate to achieve your goals.



























































































Great post again mate. I think you’ve hit the nail on the head there. It doesn’t have to be hard yet mose people fail to realize the basics.