Barring a meteoroid punching a hole through our moon or the St. Andreas Fault leveling the West Coast it seems that the collective sideways churn will most likely extend all the way into the November 8th presidential election. No matter where you stand politically I’m pretty sure you hate this tape even more than either Hillary or Trump. But let’s remember that bitching and complaining is the domain of losers. Instead let’s think about how we can take advantage of the situation.
In case you are wondering – no, I didn’t acquire a glue sniffing habit over the weekend. Let me explain the four scenarios above and it’ll all make [...]
In the end it’s all about the money and more specifically what happens on the currency side. Although Forex trading has effectively been turned into a small sideshow in the United States, due to stringent Dodd Frank regulation that mainly affected retail traders, it would be a mistake to not pay attention to what’s happening on the currency side. And what I’m seeing across the board, on a long term basis, is rather disconcerting.
When looking for a good theme for this post I pondered for a while and then decided to use a picture of a bristlecone pine, which are widely considered to be the oldest living trees in the world. You can find them near the Nevada/California border and if you wind up traveling in the area then I strongly recommend that head over to Bishop and from there head up high up into the White Mountains.
You already know the answer to that: Buy Property. It’s an old truism that everyone active in the financial market seems to know but at the same time rarely anyone appears to be capable of following. Don’t blame yourself – it’s simple human nature. Something out of the ordinary happens and immediately fear sets in.