I-Marketing-Biz » Crude Oil

Glory Days

Hairald Greenwall — Fri, 04 Nov 2011 12:58:02 +0000

'Those were the days' is a well known but now little used catchphrase that is employed in describing 'better times', usually heartfelt and sentimental for the individual(s), and usually occurring in better economic times. And at one point or another in a person's life the concept of better days - perhaps even glory days - as in one's youth, can be particularly poignant, especially if the economy, even if it's only yours, hits the skids. Of course in terms of the larger economy these days, better times and glory days are becoming a thing of the past for growing numbers unlike anything we have seen for quite some time unless you are a banker, manufacturing your wealth at an increasing expense to all others, in an unsustainable economic system designed to do one thing and one thing only - maintain the power of the privileged.

Glory Days

The Casino of Paper Money

Gary Coleslaw — Thu, 03 Nov 2011 13:07:32 +0000

Capitalism is similar to a giant casino where capital, i.e. paper chips, are issued by the house, i.e. banks, as interest-generating loans. The longer the chips remain in play, the more debt is created which accrues to the house as profit.

The Casino of Paper Money

Mid-Week Market Report on Equities and Metals

Hairald Greenwall — Thu, 03 Nov 2011 12:45:30 +0000

Its been an interesting week with stocks, commodities and currencies having a knee jerk reaction to the FOMC minutes released Tuesday afternoon. In short the Fed clearly said there must be more quantitative easing before things will get better. It was this news which triggered a rally in both stocks and commodities.

Mid-Week Market Report on Equities and Metals

Gold forms Overbought Rising Wedge at Resistance

Hairald Greenwall — Wed, 02 Nov 2011 12:08:36 +0000

Precious metals soar as investors flock to gold and silver. But are they looking deep enough to truly understand the current trends at hand?

Gold forms Overbought Rising Wedge at Resistance

Oil Stocks Undervalued

Gary Coleslaw — Wed, 02 Nov 2011 11:50:04 +0000

Oil stocks have to be one of the most unloved sectors in the markets today. The recent general-stock-market and oil corrections combined with the incredibly-negative psychology spawned by the BP oil spill have driven oil stocks down to deeply-oversold levels. This swoon has also left this sector very undervalued, a barren wasteland strewn with great bargains for investors.

Oil Stocks Undervalued

Never Say Never

Hairald Greenwall — Sun, 30 Oct 2011 14:39:40 +0000

In reviewing the charts from the Chart Room over the weekend I came to the conclusion that in terms of timing the markets you don't want to think in terms of price right now, but in terms of time, where again, we are not looking for a blow-off top in the present intermediate move until sometime in the first quarter next year, with early February the favored target from both historical and cyclical perspectives. How did I come to this conclusion? Answer: As you will see in the charts below, several breakouts and trend blow-offs are in the process of tracing out, meaning more time is needed for this to occur no matter how overbought technical conditions in the market are at this time. And while it's true that everything from stocks to commodities are intermediate degree overbought, what this means is conditions will become even more overbought, and as a result, it's possible hyperinflationary conditions in the US could at a minimum be tested.

Never Say Never

Gold Stocks, SP500 & the Dollar – What’s Next?

Hairald Greenwall — Sun, 30 Oct 2011 14:39:32 +0000

Investors around the globe are concerned with the economic outlook, not only with the United States but with virtually every country. This has caused not only investors but banks and countries to start buying gold & silver in order to be protected incase of a currency melt down in the coming years.

Gold Stocks, SP500 & the Dollar – What’s Next?

Mid-Week Dollar, Gold & SP500 Trend Trading

Hairald Greenwall — Sun, 30 Oct 2011 14:39:28 +0000

It has been a roller coaster week thus far as stocks and precious metals plunged on heavy selling volume on the back of a rising dollar, only to make a strong rebound Wednesday. While there has been significant intraday price movement, it was no surprise to us as we have been anticipating this pullback since discussing it in my Sunday Gold Newsletter.

Mid-Week Dollar, Gold & SP500 Trend Trading