Can Margin Debt Give Us A Clue On Market Direction?: "bottoms in the market occur when there are positive net credit balances"
'via Blog this'
"...By the time the bottom of the decline was reached in March of 2009, positive net credit balances had ballooned to almost $200 Billion. Surprisingly, after investors had been wiped out twice in a single decade, they came storming back to the casino flush with cash as the Fed, due to the introduction of Quantitative Easing, which removed investment risk from the markets. Investors scrambled to lever up their portfolios for a third time. This time margin debt didn't quite achieve its previous peak but quickly surged to $330 Billion. ..."
Thursday, September 29, 2011
Thursday, September 15, 2011
Coming Currency Crisis - Financial Sense
by By Bud Conrad, Casey Research
...As to what speculators – what anyone – should do, it doesn’t really matter whether the fall of the dollar precipitates the level of crisis we expect. The steps we advocate are reasonable for anyone who doesn’t want to get hurt by a currency crisis: buying physical gold (and silver – both are still relatively cheap in inflation-adjusted dollars); getting a useful portion of one’s assets into a stable country outside of the US (preferably one with no involvement in the “War On Terror/Islam”); and investing a fraction of one’s portfolio in gold stocks....
...As to what speculators – what anyone – should do, it doesn’t really matter whether the fall of the dollar precipitates the level of crisis we expect. The steps we advocate are reasonable for anyone who doesn’t want to get hurt by a currency crisis: buying physical gold (and silver – both are still relatively cheap in inflation-adjusted dollars); getting a useful portion of one’s assets into a stable country outside of the US (preferably one with no involvement in the “War On Terror/Islam”); and investing a fraction of one’s portfolio in gold stocks....
Tuesday, September 13, 2011
Sunday, September 11, 2011
Jesse's Café Américain: Weekend Reading: Psychopaths Among Us, the Madness...
Jesse's Café Américain: Weekend Reading: Psychopaths Among Us, the Madness...: "A lot of white-collar criminals are psychopaths," says Bob Hare. "But they flourish because the characteristics that define the disorder ...
Norton's comment: This is really an interesting angle on the collapse of our democracy and understanding why and how the Wall Street crooks and the Corporate banksters are still managing to comeup with more ways to rob the middle and poor blind even after being called to account for it. Ocuh!
Norton's comment: This is really an interesting angle on the collapse of our democracy and understanding why and how the Wall Street crooks and the Corporate banksters are still managing to comeup with more ways to rob the middle and poor blind even after being called to account for it. Ocuh!
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