Breakouts

There has been much chatter on our mentor forum  lately regarding the breakout in the price of gold. I have mentioned several times that I had been long gold and short equity indices via our advisory service. I am now neutral with only one remaining short position in the market which is a carry over…

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The Illusion Of Asymmetric Insight

In 1954, in eastern Oklahoma, two tribes of children nearly killed each other. The neighboring tribes were unaware of each other’s existence. Separately, they lived among nature, played games, constructed shelters, prepared food – they knew peace. Each culture developed its own norms and rules of conduct. Each culture arrived at novel solutions to survival-critical…

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Who Cares

Having risen by a third since the beginning of 2011 and nearly fivefold since 2004, one analyst believes the precious metal is now in bubble territory and an “absurdity”. “Gold is not money and has no investment yield and in fact incurs carrying/storage costs. With the 10 year US treasury rate at 2 percent and…

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Decision Fatigue

You may want to pay attention to the physical timing of your decisions to enter new trades. Decision fatigue helps explain why ordinarily sensible people get angry at colleagues and families, splurge on clothes, buy junk food at the supermarket and can’t resist the dealer’s offer to rustproof their new car. No matter how rational…

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