Walking with Dinosaurs is a very cool afternoon out with little blokes…..provided you dont sit behind some religous dicknut who tells everyone that dinosaurs are now extinct because they couldnt fit in the Ark 3,000 years ago.
As you can see from the chart below this week took some of the fizz out of some of the star performaers in commodities markets. Energy based commodities which to date had been among the hardest hit with talk being that the heavy involvement of speculators being to blame. The theory goes that the more…
Excellent piece by Matt Taibbi on why the Federal Reserve gave $200 in coin to two Wall Street housewives. Talk about a f%^cked up system Taibbi has in the past taken the blow torch to Goldman Sachs
Interesting piece from the NY mag about the current mood on Wall Street. I am perhaps less inclined to pronounce the beast dead than the article is. Broking in Australia was pronounced dead when fixed rate commissions were abolished in the early 1980’s – it was supposed to be the end of broking yet firms…
Bridgewater is the worlds largest hedge fund managing a staggering $94 billion and as with many such successful things it is considered to be a bit odd. If you want to understand Bridgewater Associates, the world’s largest and indisputably weirdest hedge fund, you might start with the story of the peas. It goes like this:…
Interesting piece by Seth Godin on failure. As a trader failure is part of our day to day existence and a fear of failure is one of the reasons many cannot trade. Trading is unique in that you effectively fail your way to success – something that would be impossible in most other professions. The…
This is a link to an interactive graphic on what is perceived to be driving the price of gold. Who cares? Below I have attached a chart of gold with a 15 and 30 week moving average attached – nothing complicated just nice and simple trend following. You would have been long from about $900
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