Surprising fact of the day

Following the complete and utter implosion of the Irish economy – Some 300,000 new dwellings now stand empty in the Irish Republic, a number whose equivalent in the United States would be approximately 21 million. Unemployment is now 13 percent in Ireland; it would be higher if 5 percent of the working-age population (principally the…

Details

Surprising fact of the day

Following the complete and utter implosion of the Irish economy – Some 300,000 new dwellings now stand empty in the Irish Republic, a number whose equivalent in the United States would be approximately 21 million. Unemployment is now 13 percent in Ireland; it would be higher if 5 percent of the working-age population (principally the…

Details

Lotto Loser?

To call Michael Carroll a loser or any other name that might be deemed appropriate for someone who manages to blow $15mil is an easy thing to do but in many ways it is a simplistic judgement. Certainly reading the article gives a sense of someone completely out of control. However, this is not an…

Details

Metals

Some interesting developments in metals. Palladium – stopped out after three month run. The entire bullmarket in palladium has thus far lasted since August last year. No signal to go short yet. High Grade Copper – tipped out last session – took off at the same time as palladium. The initial part of this trend…

Details

Where to next?

To be honest I don’t know, nor does anyone else despite what they might say. There is usually a substantial amount of nervousness when you have a major markets slip for two days in a row. However, this has to be put into context of the overall gains in the market post the GFC .…

Details

What would Feynman do?

Richard Feynman has long been one of my intellectual hero’s, a man of searing intelligence who taught himself how to play bongo’s crack safes and pick up women. Not at all the pastimes one expects of a Nobel Prize winning physicist. This link is a geeky look at a hypothetical Feynman job interview. If the…

Details