Melancholy Korean

Gold and Silver Turn Bearish: No Conspiracy Here

Bill,

Don't even bother. People are going to believe what they need/want to believe. It's funny because today, with so much information out there, all one has to do is just click a button to find legitimate sources of information and data--good, hard stuff that would have been impossible even ten years ago. The playing field has never been more level. There is less reason for the usual excuses than ever, but surprise, same old crap: It's always a "conspiracy" when people start losing money.

Hey, go ahead and sit in the echo chamber and rant. Whatever. More players in the market, the better!

Contrarian Trading Tips: Gold, the Dollar, Energy and Financials

"but I believe buying low and selling high is the objective"

that would be the first mistake. trying to outsmart the market is the mark of a novice or a fool--a well-capitalized and lucky fool, perhaps, but still.

Russia invading Georgia is def a big deal for oil and gold, you may get a bounce to get out of underwater long positions, but dollar strength is real.

What's Next for the U.S. Dollar?

nice article. the US may be in a bad spot, but in a relative game, it's how we are doing versus, say, Europe, that matters. and they're behind the curve with rates. as you note, "cold commodities" reinforce dollar strength. and if the carry trade starts getting unwound...

Why Gold Is the New Currency

So, the trade is to buy gold as it keeps getting cheaper?? Short the dollar as it starts to get stronger? uh, ok.

The U.S. Dollar: A New Accord

Great article. Predictable that so many are now so bearish on the US, whether the economy, the dollar, Fed policy (everyone is an expert on monetary policy, except for the real experts--right, right) and bullish on gold and those "hot commodities," which are growing colder by the day. (Rogers got long ten years ago.)

Why such pleasure in Doomsday? Life not interesting enough? If everyone is a failure, then no one is?? I'll take the US economy any day over those of Russia, China, "Europe," Brazil, India, yadada. Long term, medium short, short term.

Curious why someone so intelligent would bother with this crowd, but I appreciate it! Thanks.

Will the Fed Actually Raise Rates Next Week?

Will the Fed raise rates next week?

No.

Historic Financial Collapse Underway?

If you want to play the bankruptcy game and buy puts, let's see, the 10 delta put in FNM for September expiry, the 5 strike, looks like it's trading for .80 cents, which works out to an implied vol of 230. It's low delta, not much gamma to trade, even if the stock's realized vol the last few days has been up at crazy levels. It's more of a binary option on the equity going to zero, ok, I get that, so maybe you don't care the break-even is 4.20, but do you really want to gamble on the timing like this?

The only bankruptcy that buying puts outright is good for is the personal kind. If you want to gamble, go to Vegas. It's a hell of a lot more fun.

Lehman: The Bottom Is In

Takeover? You mean, take-under, right? Possible recovery in what, exactly? Worthless real estate in Southern California? Oh, wait. They do have a great strategy. Have the government put all the shorts in prison and implement the Long Only in Lehman rule. That'll do the trick.

Dollar Falls to Record Low Over Fannie and Freddie

"Her calls change on a daily basis and she has zero experience."

Can't speak about her experience, but it's clear you don't have any.

Are you someone (not a trader, clearly) who has to be right about the market every day? Even better, you ARE right about the market every day, right? Why so bitter, then? Been buying FNM on the dips 'cause you just know it's a great company? Married to that long dollar position?

Major Catalysts To Cause Euro Breakout vs. Dollar

tick, tock, tick, tock. this is gonna be interesting. maybe better than the fireworks tomorrow!

It is Time to Go Long the Dollar?

Agree with the first commenter. At first I thought I was reading, by mistake, an article from a few weeks ago. If you are claiming a "long term" shift, well, I agree with you that the dollar is one of the few assets not overvalued these days. But trading is about timing, yes?

And the timing has gotten a lot trickier since the Fed and ECB are playing games and are themselves confused about what to do. "Murky" is right.

Your article doesn't help to clarify any of the confusion.

Why I Avoid the Euro Zone

Germany bringing down Europe once again. Where have I seen this movie before.

Weekly Market Outlook: June 30th - July 4th

"we finally got a surprise build in oil inventories and even with that, prices were able to move higher. Generally when bearish news is ignored and prices trade higher it should tell you that prices are moving north."

Hmm... I wonder what the absolute top is gonna be. 200? Not 250. No way.

Uh, right?

Euro Rallies to Three-Week High Vs. Dollar

US dollar. sigh. why so weak and sickly, babe?

End of Quarter Dollar Assessment

"Those who know don't say, and those who say don't know."