Mr Taylor working the “slicked back” look.. Perhaps justice does finally catch up with people… Rogue trader Matthew Taylor – a former Goldman Sachs employee was finally sentenced last week for a wrongdoing which occurred way back in 2007. Mr Matthew Taylor was, it seems, just another trader who was trying to escalate his ascent…
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So, this been quite a week for the precious metal. To say the trade has been choppy would be quite an understatement. Four of the five trading days have seen 30-40 intraday moves. We’ve tested some of the lows set earlier in the summer and there is a feeling something significant is going on in…
“This fiftieth year is sacred—it is a time of freedom and of celebration when everyone will receive back their original property, and slaves will return home to their families.” —Leviticus 25:10 A few years ago, I came across a really interesting idea about property rights. I was listening to a radio programme, broadcast from…
By Zak Mir. As I wrote earlier in the week, the price of crude (Brent and WTI) is back on the move in a positive way. This gives me a good excuse to revisit the charting position of three FTSE350 Oil & Gas plays; Tullow Oil (TLW), BG Group (BG) & Cairn Energy (CNE). Each…
By Filipe R. Costa According to the latest data from the Bank of England, British households have been pulling money out of their savings accounts at the fastest rate since records began in 1970. The Credit Crunch ushered in a prolonged recession in Britain, tearing away at consumer spending power. To compound this problem, real…
By Zak Mir. The recent history for crudle oil on both its major benchmarks, WTI and Brent, has been interesting. From a fundamental perspective, or at least picking out the standouts as far as the newsflow has been concerned, the market for oil has been grappling with the revelation that the US was a net…
By Filipe R. Costa In the long run, many of the best performing investments are outside of Wall Street’s grasp. While the DJIA has yielded 7.7% on average each year since 1975, there is another interesting New York investment that has performed much better than that over the same period. And that is even before…
Risers: AZ Electronic Materials +51.64% AZ Electronic Materials has today announced that German drug maker Merck has entered an agreement regarding a recommended £1.6bln cash offer for the entire share capital of the firm. The purchase of AZ is to further expand Merck’s materials and chemicals business through adding a premium supplier of high-tech materials.…
Following on from my last piece about the current collapse in gold and gold mining stocks, this is starting to look more and more like a capitulation event. And as we all know, for a market truly to bottom it first needs to capitulate. To recap what I wrote yesterday, I believe that the market…
