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Playing the Ponzi
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Why “Playing the Ponzi”? I view the entire monetary and financial system as something of a Ponzi scheme. Starting with currency that is created as debt, and running straight through a global economic model that is based on infinite growth in a finite world. This won’t end well. I’d go a step... More
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Playing the Ponzi
  • UEC: Another Massive Head-And-Shoulders Patten 0 comments
    May 25, 2012 3:57 PM | about stocks: UEC

    Small cap uranium miner UEC has formed a massive Head-and-Shoulders over the last three years. Uranium-related stocks have been pummeled over the last three months, and in the case of UEC this most recent sell-off brings it to the neckline of a 3-year Head-and-Shoulders pattern that bears further watching.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: UEC
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