Apparently, the yellow arrow means that the Gold/Silver ratio is going to collapse.
…Nick Leeson wasn’t the first rogue trader in history and, despite the controls put in place after he’d brought down Barings, he wasn’t the last. Not six months after Leeson was caught, a trader in Daiwa Bank’s New York office confessed to over ten years of unauthorised dealing activity, leading to losses of over $1…Details
Most people in life go nowhere that is a given and they go nowhere because even when given an opportunity to make a small difference to their lives they do something stupid. I have had the graphic below sitting on my junk file for awhile cluttered in with all the rest of the detritus I…Details
Trading is a difficult profession – its difficulty comes not so much from mastering the technical aspects since these are always overstated by the magic indicator fools but rather in coming to terms with the psychological and emotional difficulties that arise. In part, these difficulties arise because of perceptions as to how easy trading is…Details
Raven, a six-year-old chimpanzee, became the 22nd most successful money manager in the USA after choosing her stocks by throwing darts at a list of 133 internet companies. The chimp created her own index, dubbed MonkeyDex, and in 1999 delivered a 213 per cent gain, outperforming more than 6,000 professional brokers on Wall Street. More…Details