Markets
The other day we were musing about life before COVID. Specifically, what the Trading and FinTech community was all about. Like the former floor traders describe, it was more of a comradery, where most of the players were brothers and sisters. In that same spirit, I revisited this photo, taken in February of 2020. On…
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There is a saying that there’s nothing new under the sun. That’s not completely true when it comes to today’s markets. Let’s say that you live on an island and trade coconuts. They are denominated in turtles. The value of one coconut equals four turtles. It would be pretty easy to identify and then be…
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Last July, China added another 10 tons of gold to its reserves. This marked the eighth straight month of gold purchases for the red giant. And in November they upped the ante by adding another 32 tons. 524 tons flowed out of Switzerland alone to the People’s Republic last year. Though they only constitute around…
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Our market forecast of the SP 500 Index remains stellar and on track. The forecast of the SP 500 was produced in early March of 2022, and forecast the year running from March 21st of that year through March 21st, 2023. The forecast is made using the process of the late trader W. D. Gann.…
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