Bitcoin and crypto have been in the news a lot of late—cryptocurrency has finally gone overground. Coinbase’s listing on the NASDAQ, Elon Musk’s ambiguous pronouncements and concerns over the carbon footprint of crypto have all pushed this once anti-authoritarian alternative to traditional currencies into the spotlight. Meanwhile, uptake of cryptocurrencies amongst investors is still soaring, …
Success is something that attracts everyone. The higher the potential for success is, the more people long for it. In ETF trading, everyone is trying to succeed from their current standpoint. Considering the limitless opportunities that come with ETF trading, one can easily understand people’s yearning for leveraging it. Factors That Triggers Forex Investment Success …
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It looks like housing prices may find a short-term bottom this year, assuming a stable low interest rate environment. The primary reason that I’m saying this is because of an ultra-low inventory of homes on the market, about some 30% to 40% lower than last year or the year before. Furthermore, there are a couple …
My best guess is that precious metals have made a short term bottom. But I can be wrong. Intermediate term however I am still wary of a mid-year dip. A bull market often tries to shake off as many people before embarking a big advance. Both gold & silver have made the MACD bullish crossover …
“Gold closed at new high!” That was the Tuesday headline on Marketwatch.com. I checked right away, but didn’t see gold cash price breaking new high at $1265. After reading the article, it’s really just a new high in the nearest futures market. “Investing” in gold is probably one of the hardest arguments to make, since …
Slowly through each wave of rise and fall, markets are revealing where the capitals are concentrating. The market leaders are no longer US, Japan, nor Europe, but Brazil, India, China, and Taiwan. US market is facing heavy pressure again today. S&P 500 has broken support at 1080/1085, and then 1065/1060. The technical pictures are simply …
Helicopter Bernanke has been chosen as the Person of the Year 2009. That is just ridiculous in my personal opinion. For someone along with Greenspan created the single biggest housing bubble (in size) in human history so far, bailing out all the guilty parties and mopping up all the mistakes with even greater mistakes through …
GDXJ was debut this Wednesday. Both GDX and GDXJ (the junior companies) are offered by Van Eck. Here are the links to the company site for GDX and GDXJ. The complete weighting of the components are listed below: Fund Holdings of GDX as of 2009/11/12 Number Holding Ticker Shares Market …
Gold broke all time record in $US today. It is a confirmation that the bull market is alive. Some people could argue that this may be a double top. That is definitely possible. However, if gold does get up to more than $1100, then I think that argument is a little weak. Furthermore, based on …
With Monday drop in the stock markets, sentiments have temporarily turned. I think before the first week of July, stocks may be still in the “levitation” stage, meaning that a big drop won’t come yet. Plus that today and tomorrow, Fed will come out and swing again. We are sure to see some more volatility. …
