Bill Gates extended his lead over Carlos Slim by as the world’s richest man by a cool $4.3bn with the recovery in the Microsoft stock price according to Bloomberg Billionaires Index. The bull market fuelled by the US Federal Reserve’s ZIRP policy and its unlimited and successive quantitative easing packages have been the key for…
Which sector presently has zero interest by fund managers, proven all time great hedge fund manager George Soros buying big time call options somewhat out of the money, has its underlying primary product beginning to trend higher, is dramatically oversold and trades, overall, at a small premium to cash and a very large discount to…
There are always a few personal achievements outside family life that you know you will always cherish. Getting your first book published, writing your first trading guide for Spreadbet Magazine and, given my day job, making a correct big call on the market. Indeed, I already know what my best call even will be. It…
Despite the mainstream media’s desperate need to play down any and every potential indication that all is not well with the “buy the dip” mentality, there is no hiding the fact that volatility is back and even worse for the bulls, so is the so called Hindenburg Omen… Just as we saw in October 2007, when NYSE margin…
It’s no surprise that as a result of global central bank policy, the rich got richer, and the poor kept on getting poorer, even though the global political powers would, at least superficially, seek to enforce policies that aimed to reverse this wealth redistribution from the poor to the rich (a doomed policy as the…
The Coming Silver Price Surge Will Shock The World When the bull market in precious metals ends and we reach the mania stage, it will be silver’s upward paper price movement that will provide the ultimate form of shock and awe. The reason for this is due to simple supply and demand. Throughout history there…
UPDATE (3) – 13,800 HIT OVERNIGHT AND A STRAIGHT LINE DOWN SINCE THEN. WE ARE OUT OF THE LONG POSITION FOR A NICE TURN AND NOW SIT WAITING FOR 12780 AS OUR NEXT RE ENTRY LEVEL – PRECISELY 20% FROM THE HIGH’S AT 16000 AND LIKELY SITE OF ANOTHER SHARP BOUNCE. UPDATE (2) – 8AM…
Salient point below underlined. Looks like a revised offer towards/possibly north of 300p is on the way given the use of the words ‘material undervaluation’ and ‘expectation’ of a revised bid… Eurasian Natural Resources Corporation PLC (the “Company” or “ENRC”) Statement regarding extension of Rule 2.6 deadline In accordance with Rule 2.6(a) of the City…
In recent weeks it has been happy days for investors enjoying the highs on the S&P 500 and associated rallies across Germany, the UK, Japan and elsewhere. But that joy is a world away from the pain that has been inflicted on the majority of resource related equities and their investors. The AS39 Index on…
“Helicopter” Ben Bernanke Back in January, the Federal Reserve subtly changed its language regarding the effectiveness of QE as a monetary strategy. The first indication came from the Fed’s December 2012 FOMC minutes (the meeting during which the Fed announced QE 4). Since this time, there have been several key developments. They are: 1. Bernanke…
