Traders who play in the futures markets are familiar with the phrase, “Wash, rinse, repeat”. It describes how pros routinely relieve amateurs of their wealth in the Wall Street casinos.
But the same thing happens on Main Street … it’s just MUCH slower … and it’s easier for newbies to win because the action is too boring for real sharks.
As we’re approaching Memorial Day, which seems to have devolved into simply another commercialized break from the daily grind …
Some people like watching birds. Others auto racing. When we were young, watching submarine races was pretty popular. Today, we’re die-hard Fed watchers. The Fed is THE giant elephant in the economy we’re all trapped in … and whether the Fed likes us, hates us, or doesn’t know we exist … … if the elephant steps on …
Gold, the Fed and the Treasury are all saying something … Read More »
Many amateur investors … both Wall Street and Main Street … tend to “wing it” … investing on tips, hunches, intuition, and “feel”. And in real estate, you can add “insider information”. Not that anyone does that on Wall Street. Nah. Meanwhile, pros and serious amateurs pay attention to data, analysis, and the opinions of …
Last time, we explored the growling evidence that in spite of a tame Consumer Price Index (CPI), real-world inflation is becoming “a thing.” This is notable because it’s happening at a time when “velocity” … how fast money (or more accurately, “currency”) circulates … is slow due to lockdowns their fall out. In Part 2, …
A theory on what’s REALLY happening … (Part 2 of 2) Read More »
We REALLY tried to get this into one article, but it’s just too big … so this is Part 1 of 2 … and should only take about 4 minutes to read. Click here for Part 2 … The Story Underneath the Story … One short year ago the world was just starting to hear …
A theory on what’s REALLY happening … (Part 1 of 2) Read More »
The David versus Goliath saga of Robinhood day traders has alerted Main Street that Wall Street is a rigged game … in favor of club members. And it seems Main Streeters aren’t in the club. But while the GameStop run was fun to watch, the silver spectacle is MUCH more interesting for reasons we’ll explain momentarily. Most real …
The REAL lesson from the short-lived attack on silver … Read More »