On the heels of more volatile trading in global markets, today Canadian legend John Ing warned King World News that we are now in the “last innings” of the end game. Ing, who has been in the business for 43 years, also revealed a coming radical change in policy by China that is going to shock market participants. He also discussed what all of this will mean for key markets such as gold in his fascinating interview.
…continue reading HERE
Back for the 1st time in 13 years the unique and incomparable Martin Armstrong joins Michael for a discussion of world markets, gold and stocks. Not to be missed!
The US Dollar surged higher last week…precious metals and commodities fell…US long term interest rates rose and the major US, European and Canadian stock markets all made new highs early in the week but then fell back…the Russell 2000 Small Cap Index had a Weekly Key Reversal Down.
For my short term trading accounts I bought the US Dollar Index early last week and liquidated my long gold position. I’m looking for the USD to rally into year-end…click these links to see recent bullish USD analysis by Ambrose Evans-Pritchard and Anatole Kaletsky.
Chart Section:
The US Dollar Index since 1971: The USD had a HUGE rally from 1980 to 1985 (Volker had broken the back of inflation, Reagan had declared that it was, “Morning again in America”) and again from 1995 to 2001 (Clinton was balancing the budget, the US economy was strong and the tech boom was driving the US stock market higher…capital was coming to America from all over the world.) Is the USD setting up for another big multi-year rally? Remember, when trading currencies…the least ugly wins!
….view 13 more Key Charts and commentary HERE
The Secret to Identifying Opportunities in the Stock Market
Immediately following the MoneyTalks broadcast on Saturday November 9th we invite you to tune in to a FREE live webinar with our friend Tyler Bollhorn. Listen and watch from one of Canada’s top independent traders. Only the 1st 500 who register will be able to login on Saturday so we urge you to sign up today.
1. Don’t Paddle Up Stream
You can trade with the trend or against it, just as you can paddle a canoe up a river or down. It is possible to succeed by fighting the trend but it is very difficult so it is best to know how to determine a stock’s trend and whether the market is optimistic or pessimistic about the company. Tyler will show how.
2. Stay Positive
You should have an approach to the market that includes strategies that have a positive expected value. Tyler will explain what this means and how to devise a positive strategy.
3. Know Your ABC’s
Be sure to understand the importance of Alpha, Beta and Correlation when picking stocks, it can help you focus on the stocks that have the best potential for market beating performance.
4. Stock’s Aren’t Risky, People Are
Stocks are unpredictable, the only thing you can control is how you manage risk. Tyler will show how to limit losses and manage risk.
5. Let the Market Tell You What to Do
Every day there are stocks telling you to buy them, you just need a tool to find them. Tyler will demonstrate how he finds trading opportunities for both long term investing and short term trading.
Michael rips apart the advocates for higher taxes with facts. One of those facts comes from the Fraser Institutes latest study which shows that Government has wasted, that’s right simply WASTED $185 Billion of your tax dollars. More from Michael:
{mp3}mcbuscomnov4fp{/mp3}
MONEY TALKS: The 1st 1/2 hour begins with Michael’s Economic & Financial Commentary.
{mp3}mtnov2leadfp{/mp3}
MONEY TALKS: The second hour of Money Talks begins with Michael interviewing Martin Armstrong of Princeton Economics Research Institute, a Swiss based independent economic research and investment advisory company.
{mp3}mtnov2hour1fp{/mp3}
I know Mike is a very solid investor and respect his opinions very much. So if he says pay attention to this or that - I will.
~ Dale G.
I've started managing my own investments so view Michael's site as a one-stop shop from which to get information and perspectives.
~ Dave E.
Michael offers easy reading, honest, common sense information that anyone can use in a practical manner.
~ der_al.
A sane voice in a scrambled investment world.
~ Ed R.
Greg Weldon
Josef Schachter
Tyler Bollhorn
Ryan Irvine
Paul Beattie
Martin Straith
Patrick Ceresna
Mark Leibovit
James Thorne
Victor Adair