Commodity Trading & Trend Following

Yesterday we witnessed the joys of buy and hold. You are at the mercy of the markets. When they go up you are happy…when they act like they did yesterday you are frozen in fear. Wouldn’t it be a little more emotionally easier if you had a plan in order to avoid the fear. This [...]

If you listen to David Rosenberg a famed economist he makes points that are very clear. Not to be negative but the facts speak for themselves.
1.GDP projections for 2010 to the 1.5 to 2 percent range
2. Unemployment is unabated
3.Chicago Federal Reserve President Charles Evans has publicly stated that government programs to help distressed homeowners [...]

It seems to be the question of the week for me when speaking to people..What did Gold do during the Great Depression. Well if you had the physical you were required by law to turn it into the FED govt. In return you a certificate. Basically it was illegal to own physical gold during the [...]

The now famous economic guru of our time Joseph Stiglitz has proclaimed the world economy has not crashed. BUTTTTTTTTTTTTTTTTג€¦ Stiglitz has repeatedly stated that the US has failed to fix the underlying problems in the banking system. Stiglitz has stated the concept of banks ג€ Too big to failג€ have only gotten bigger.
Ironically other economists [...]

The million dollar question what is real? The rate of inflation or a new stock market rally?
We are bombarded on CNBC or Bloomberg with one speaker after another stating… No INFLATION! The Rate of Inflation is nothing…or the average inflation will be minus x %. At the same time we hear speakers after speakers [...]

Paul Krugman discussed at a two-day world capital markets conference last week how the world barely missed this “second great depression”. In his opinion he states that the massive stimulus spending by governments around the world helped to avoid a second Great Depression. Further more he believes a full economic recovery will take two years [...]

ג€œWhile the crash only took place six months ago, I am convinced we have now passed through the worst ג€” and with continued unity of effort we shall rapidly recover. There has been no significant bank or industrial failure. That danger, too, is safely behind us.ג€ President Herbert Hoover, May 1, 1930
Hoover spoke these famous [...]

Howard Davidowitz is a known and well respected speaker regarding the current financial situation. He has a recent video on Youtube that expresses his points on how bad the situation can get and how close we are to another Great Depression..

www.myinvestorsplace.com
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Is there a new depression headed for the world. One of the signs of a depression is bank failures. It is now almost a weekly event that somewhere in the US a bank fails and is taken over by the FDIC. Last week there were two more bank failures..possibly bringing us closer to possibly a [...]

The list of bank failures grew this weekend to 29 Bank failures for the year of 2009. What is alarming is that we are only 4 months into the year and we have surpassed all of 2008 bank failures ( 25 Bank failures). How does this bode for the rest of the year? How does this connect to the stress tests on the largest 19 banks? How solvent or insolvent are these leading banks?