Long position on OANDA:USDJPY
Interest rates on US dollars are rising globally, at a very rapid rate. Capital has been flowing towards the United States for the last couple years, as a global flight to security occurs as fear rises in markets during times of turmoil.
Because the US Dollar is the reserve currency of the globe, debts backed by US...
With the US persistent in absolutely destroying its currency I wanted to make a longer term gold chart to share.
I'm not one to typically use indicators, only what I draw for myself. Gold is clearly undervalued. Don't think you can buy gold at the market price, as its going for about 1900/oz in the psychical market.
Personally I recommend buying physical to...
What a crazy time we are in. 5 months ago, all was gloom and doom. Last month, almost every asset class was up except USD.
SP500 has been above 3200 for one month and Nasdaq has been hitting ATH for 3 straight months.
How do you explain this market irrationality?
One possible reason is that pension, endowment funds and investors are forced to invest in...
