As a former bank analyst, I learned quickly that most are given a license to print money (figuratively and literally) and the accounting practices in conjunction with the culture were key to assessing an overall bank.
Tuesday, May 13, 2014
Monday, May 12, 2014
Double, Double and All the Trouble with Inflation
A great read on the in's and out's with the myriad of problems with how inflation is calculated. First lesson, inflation does not necessarily have anything to do with changes in prices.
Thursday, May 8, 2014
Friday, April 25, 2014
Thursday, April 24, 2014
Gold Prices Manipulated For A Decade
Given the industry climate in conjunction with the LIBOR scandal, I would not doubt that there is a price fix. Although, I question the scale, scope, and economic 'affects' of any fix.
Wednesday, April 23, 2014
Watch the $1,278 level on Gold
with Kitco's Peter Hug. My own opinion is that gold is testing the June 20, 2013 price break, which looking at the last year's worth of trading is a critical focal point of traders and investors. But as Hug states in the video below, if gold breaks to the downside, the triple bottom scenario becomes a greater probability.
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