Have a look here http://sabretache.blogspot.com/ for the odd posting about trading, precious metals, economic matters, politics and any odd...
'The Powers That Be'
Gold, silver, copper or aluminium trader? Think you've seen major price action already this past 12 months? Well, you ain't seen nuthin yet!...
The statement is self-explanatory (axiomatic if you like). Elaboration would involve discussion of its consequences. Taleb's book (Fooled by...
Never forgetting that events can occur with zero probability
Not sure go along with that entirely For example, and reverting to the coin toss sequence again: The outcome probability of every toss is the...
Coin toss sequences are interesting but they exclude the human input consequences of feedback from the results of the last coin toss (price level)...
I think most debate about the predictability or otherwise of market direction - on any time frame - is apt to confuse abstract with real and cause...
Better still, what will happen when just a few % of investors decide their money might be safer in gold - or under the mattress. With the current...
I doubt there are many grocers or bums on the subway set up to short the futures markets. And, with mutual funds currently at 3.6% cash on...
Exactly. It's called 'moral hazard' and it's dangerous. It causes a disconnect between financial markets and intrinsic value such that, when...
I have discovered a serious problem with my 'Trade opposite your signals' method: Over the sort of period originally suggested, and despite a...
But beware the end result of burgeoning moral hazard...... Everyone just KNOWS that the WGOFM's (aka PPT) will not counteneance a serious...
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