Jack the Pipper

How about a cornucopia of third party commentary today … to get the juices flowing?

Long-time readers know we are big fans of the boom-bust theory of price action, as first I saw articulated by George Soros back in 1987 in his book, Alchemy of Finance.

To the global media, South Africa is presented as a multi-cultural success story it seems. To me, the country appears about two-clicks away from major turmoil.

Below is a fairly straight forward third-party article, passed on to us by a reader, on why its author thinks you should be bullish on China.

My father in law wrote yesterday to give me grief about my recent gold forecast/guess as laid out in a recent Currency Currents.

Not so fast … hold on a second … on the other hand … in hindsight … although … looking back … but considering the fact … in light of …

I just love the Mae West quote above. Funny thing is that many gold bugs cling to the belief (any many marketers who should know better validate said belief) that someday we may return to a gold standard.

Our Federal Reserve has chosen to leave interest rates unchanged again as the path to US recovery is still dependent (perhaps psychologically) on cheap money.

Jim, thank you for that most insightful view that is taking place in the real world, out of the reaches of most economists who seem to spend their days toiling in “theory land.”

Last week when I touched upon the US dollar’s technical pattern, and the near-term potential for it to roll over a bit, I made mention of the lingering debt problem in the US. Especially when it comes to the US dollar, US debts are a growing concern that keep many analysts US dollar-bearish.