In Other Global Markets the “Turn-of-the-Month” Effect Generates Even Bigger Returns than in the US The “turn-of-the-month” effect is one of the most fascinating stock market phenomena. It describes the fact that price gains primarily tend to occur around the turn of the month. By contrast, the rest of the time around the middle of the month is typically far less profitable for investors. The effect has been studied...
Read More »Scorn and Reverence – Precious Metals Supply and Demand
See the introduction and the video for the terms gold basis, co-basis, backwardation and contango. Shill Alarm One well-known commentator this week opined about the US health care industry: “…the system is designed the churn and burn… to push people through the clinics as quickly as possible. The standard of care now is to prescribe some medication (usually antibiotics) and send people on their way without taking the...
Read More »How to Get Ahead in Today’s Economy
“Literally On Fire” This week brought forward more evidence that we are living in a fabricated world. The popular story-line presents a world of pure awesomeness. The common experience, however, falls grossly short. There are many degrees of awesomeness, up to total awesomeness – which is where we are these days, in the age of total awesomeness, just a short skip away from the Nirvana era. - Click to enlarge What is...
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