The world overview
Snapshot of the world:CHINA: hope source: zerohedge.com
iterating towards truth
Looking at the weekly and daily charts of EURUSD, it is obvious that the pair is going through the stage of consolidation and I am repeating it again – I would not be surprised if we would see a range trading in the next month 1.28 – 1.31. In the …
Right now the EURUSD is trapped in a range between 2750’s and 3050’s. From the daily point of view the longer term down trend was broken and the pair looks like it is completing its continuation bullish pattern. The mission i clear, either it brea…
As I wrote last week, my preferred form of physical silver is pre-1965 US dimes, quarters, and half dollars… known in the industry as “junk”. Junk silver as an investment. It has a nice ring to it source: zerohedge.com
Now the question is whether a trend can be established when both the US and EUR monetary policy authorities are to provide significant liquidity, baseline growth expectations are very modest, and underlying structural issues are unlikely to be res…
[youtube http://www.youtube.com/watch?v=T3eKTzMLLNc?wmode=transparent]
The role of the financial markets, especially futures and forex, is to provide liquidity and act as a mechanism to manage risk. This means the major participants in the market are acting on price to either take on more risk, or reduce it. This act…