September 2014
It’s so easy to beat a dead horse. I mean, we can rehash the turmoil in the Middle East and President Obama’s foreign policy failures; we can beat the drum about lackluster global demand and zero growth economies, or we emphasize that point by highlighting the fact that China’s production posted the weakest quarter since...
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Gold lost more than a point last week when news broke the U.S. dollar had hit fresh new highs against the Euro and Japanese Yen. That was on the first trading session of the week, a day when gold lost 1.8%. Remember, the U.S. is the world’s reserve currency, and when currency is strong gold...
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The S&P 500 closed the month at another all-time high, ending over 2,000 points for the first time in its history. The Dow Jones Industrial Average and the 15-51 strength indicator also remain extremely elevated, though a shade off their respective all-time highs. Stocks are still hot, no doubt – and so are bonds. Yields...
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A wonderful serenity has taken possession of my entire soul, like these sweet mornings of spring which I enjoy with my whole heart. I am alone, and feel the charm of existence in this spot, which was created for the bliss of