Whilst this article pertains to the situation in the US you can apply it locally. Just throw in a total lack of funding, ferocious brain drain a political landscape dominated by lawyers who don’t have the intellectual capacity to understand 99% of science and engineering do and you have the situation in Australia. The Real…
DetailsThis is the relative performance of various commodities over the past month. Notice how silver has leapt ahead of the pack and crude is starting to really motor.
DetailsI heard a snippet on the radio yesterday from some some economist who was supposedly an expert on the $A. This experts opinion was that it was all over for the $A and I wondered what that meant and I presumed he was referring to the fact that the $A is now apparently range trading…
DetailsWe have recently started a new mentor program and the new crew are quietly beavering away at their tasks. During this process the question was raised of what to do when you you have a position where price gaps beyond your stop. The stop in this instance was not automated so no immediate action was…
DetailsFollowing the complete and utter implosion of the Irish economy – Some 300,000 new dwellings now stand empty in the Irish Republic, a number whose equivalent in the United States would be approximately 21 million. Unemployment is now 13 percent in Ireland; it would be higher if 5 percent of the working-age population (principally the…
DetailsThis is an interesting way to solve a problem. I can think of a few people I would nuke and it would be a in a good cause.
To call Michael Carroll a loser or any other name that might be deemed appropriate for someone who manages to blow $15mil is an easy thing to do but in many ways it is a simplistic judgement. Certainly reading the article gives a sense of someone completely out of control. However, this is not an…
DetailsSome interesting developments in metals. Palladium – stopped out after three month run. The entire bullmarket in palladium has thus far lasted since August last year. No signal to go short yet. High Grade Copper – tipped out last session – took off at the same time as palladium. The initial part of this trend…
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