By Jocelynn Smith of The Sovereign Investor Collectibles have been hot this year, with new records being hit almost daily. Just this fall, an acoustic guitar owned by John Lennon of the Beatles sold for $2.41 million, crushing original estimates
December 4, 2015
Enter the Draghi… sorry for my naivete.I was out most of the day and for the life of me could not figure out how that jobs report launched that expression of greed and momo. Answer? It didn’t. Draghi could not
Gold and silver had a nice rally today, that was fairly obviously the snapping shut of the jaws on a metals bear trap. There was intraday commentary about this here. There were no deliveries of gold at The Bucket Shop, and
The BLS job situation headlines seems good. However, after opening the hood, the deceleration in the year-over-year growth rate continues. The rate of growth for employment dramatically decelerated this month (red line on graph below). Unadjusted Non-Farm Private Employment –
A good November employment report apparently set the stage for a rally in US equities, countering the dramatic selloffs in the Shanghai Composite (-1.67%) and Nikkei 225 (-2.18%) and modest declines in Europe (the Euro STOXX 50 at -0.38%). The
Sssh!!!! Did Draghi just open the ‘vault’ and expose the reality that everything central bankers do is about the market!!?? The day started with jobs data… we’ve seen that pattern before… But it was Draghi’s comments that sparked the
Now I am really glad that I shed all my index shorts and VIX longs yesterday. Santa Claus will not be denied, and will be visiting bonuses on all the little girls and boys on Wall Street. As by now
This is great. Pickens and Icahn feature in Deep Value and here they chat about some of the players, including Icahn’s old right-hand-man Alfred Kingsley, and names–Hugoton, Southland and so on–from back in the day. T. Boone Pickens sat down with legendary
Hormel Foods (NYSE:HRL) is the Barchart Chart of the Day. The meat products company has a Trend Spotter buy signal, a Weighted Alpha of 56.00+ and gained 46.91% in the last year. The Chart of the Day belongs to Hormel Foods. I found the
Although Milton Friedman and Monetarism became less chic as the Reagan-Thatcher era faded, the Fed continues to act as if the money supply is the main lever for managing the economy. Actually, though, the theory is fine. The problem is
