By Zak Mir. Last week saw London graced with the presence of Spreadbet Magazine’s founder, Mr Richard Jennings. As is ever the case, Mr Jennings and I had some lively debates over the current state of the markets. It really is interesting how, despite all the wonders of global online communication, face to face discussion…
By Dominic Picarda. I cast doubt last week upon the wisdom of being short the indices and long gold at this time, as many retail punters seem to be. The action since then has borne out my view, as equities are once again frothing higher, while the yellow metal is melting. I see no reason…
Well, last Thursday, the crew of SBM’s contributors partook in our very first Xmas lunch. As collective Indian food fans (which invariably are really Bangladeshi!), we happened upon the new restaurant Gymkhana in Mayfair (only the best for the SBM boys!) and a merry old afternoon was had by all which involved indulging in some…
By George Leong, B.Comm. The more I view this stock market, the more nervous I get. While Wall Street gets set for some terrific year-end bonuses and investors take some amazing gains off the table, I’m sensing some euphoric buying in numerous areas of the stock market. We saw what happened to hydrogen-cell car maker…
By Zak Mir. Yesterday, as the dear founder of SpreadBet Magazine was in London I took the opportunity to impress upon him my view of the current state of the precious metals markets. As regular readers will be aware, most of my colleagues are bullish on the prospects for gold and silver, but I am…
It is hard to believe that the end of the year is fast approaching. This weekend’s list of things to ponder covers a range of issues that caught my attention as I prepare to write my annual outlook for 2014. Will the economy continue to grow, are stocks under owned, what about Fed, rising credit…
By Filipe R. Costa When Alan Greenspan was asked about the apparently unstoppable rise in equities in the 1990s he couldn’t find a traditional metric to define it. He resorted to his now famous comment about “irrational exuberance”. At the time, investors were irrationally buying anything at any price, just following the crowd. At the…
By George Leong Sound the bull horns, folks! Stocks are sizzling on the chart, and Wall Street is partying like there’s no tomorrow. Kind of sounds like late 1999/early 2000, doesn’t it? And we all know what happened when the party ended then, with the NASDAQ having surged to a ridiculous 5,132 and subsequently crashing.…
The financial sector has been the great con of both the Industrial and the Information Ages. The free movement of capital has allowed humanity to strive forward in its pursuit of ever greater technological, scientific, engineering and societal feats. Unfortunately, for well over 100 years, those in charge of the flow of money have found…
By Filipe R. Costa Demand for the digital currency Bitcoin spreading like the Spanish Influenza outbreak of 1917. Originally conceived as a theoretical experiment among computer geeks a few short years ago, it has quickly morphed into a globally accepted method of exchange. Bitcoin’s early forays into becoming a means of physical trade began with…
