Commodity Trading & Trend Following

I am not exaggerating Bankrupt US cities. The State capital of PA, Harrisburg almost defaulted on a $3.3 million bond payment this week. Only by the grace of the Pennsylvania governor, he came with a $4.4 million dollar rescue. Just using common sense how can a city or a county governments be healthy [...]

You go to sleep with a nice trade on and you wake up and you are completely on the wrong side of a trade. This example I have seen countless times as well as been effected. I would assume the majority of trend followers and forex traders have been long the Japanese Yen for a [...]

Only 100,000 homes foreclosed in August and the stock market is going up. Go figure!
According to Realtytrac this is highest number since they began keeping track of foreclosures in 2005. July’s repossession number was the second highest on record. The last highest was 93,777 in May of 2010. As I stated in one of my [...]

Walking away from Mortgages
It seems now almost acceptable that Americans can walk away from their mortgages. Why not? So many are upside down, owing more money on a house than the house is actually worth.
Many Americans are just walking away and renting virtually the same homes for half or a third [...]

Advanta the credit card issuer to so many small businesses filed for bankruptcy last Sunday. Advanta claims the recession caused so many of it’s customers to default. The question is ,What makes the other credit companies any different? Will there be other credit card companies going bankrupt? Putting everything into context Advanta has approx $2.7 [...]

Everyone seems to want to know when they can pick up all the bargains in the market. Seems that risk is a forgotten word.There are those that think that this is simply a BEAR Market rally. There have to be reactions and markets do not go down forever. The truth is only time will tell. The fact is the Dow rose 39.51 points, or 0.5%, to 8017.59, its highest close since Feb. 9. The Nasdaq has risen 25% during its four-week winning streak.

One reads the papers and all are claiming Inflation is non existent. Well, maybe for the short run it might be. Looking back at the Great Depression of 1929 there are many similarities and inflation could rise it’s ugly head.
In the midst of the Great Depression there was a strong upward trend in commodity prices [...]

There exist many similarities between the current economic debacle and the Great Depression of 1929 ( however we are not at 25% unemployment and many other aspects).

There seems to be tug of war between those who ” Predict” this harsh Recession will be over this quarter or next year and those that react to the economic situation. Truthfully no one knows how long this Recession will last or when it will be over. The fact is those more money has been lost recently trying to call a bottom. The next reality is that there is further evidence that there is a deepening of the slowdown not just in the US but from around the world.

The FED and the TARP program has lent or guaranteed almost $12.8 trillion if you add it all up. Putting this into perspective this massive sum is virtually approaching the total GDP or everything produced in the US last year. The nationג€™s gross domestic product was $14.2 trillion in 2008.