Saturday, January 12, 2013

Tom DeMark: “Sell The World” And Soon, The U.S.

from Zero Hedge:
Because there are still some traders who adhere to such old normal traditions as charting and technical analysis (because apparently the FOMC committee sits down each month and observes Ichimoku clouds, RSI indicators and Bollinger bands), it is probably notable that one of the most respected chartists, Steve Cohen’s favorite technician Tom DeMark, is now uniformly bearish on virtually all markets around the world which have triggered a sell signal in his studies, and is about to drop the axe on the US as well where a “Daily 13″ signal is imminent. The caveat, of course, is that in a world in which fundamentals haven’t mattered in years, why should technicals?

Read More @ Zero

Please bookmark us

How to Invest in the Stock Market, Funny Commercial

How to Invest in the Stock Market funny commercial by totalinvestor

Please bookmark us

Nick Barisheff & Chris Waltzek on GoldSeek Radio

 by Chris Waltzek
GoldSeek Radio

Nick Barisheff & Chris Waltzek on GoldSeek Radio – January 10, 2012
Click Here to Listen to the Audio
Continue Reading at…

Please bookmark us

Cycle of War & Political Economy

by Martin Armstrong
Armstrong Economics

At our conferences around the world, we have discussed the Cycle of War and how this too has been incredibly accurate demonstrating that what may appear to be random, is really highly ordered chaos. This turns in 2014. To set the record straight, so far there appears to be no WORLD WAR that will begin. This appears to be separatism and civil unrest on the rise (see European Report $350). Nevertheless, there is a risk of international war but this comes from RUSSIA! The problem with Russia is that there is still the old way of thinking empire equals power. Given the chance, Putin would sweep into Europe in a heart beat. The KEY is always economics.
Continue Reading at…

Please bookmark us

Examining Benjamin Graham’s Record: Skill Or Luck?

by Tobias Carlisle, Greenbackd

Two recent articles, Was Benjamin Graham Skillful or Lucky? (WSJ), and Ben Graham’s 60-Year-Old Strategy Still Winning Big (Forbes), have thrown the spotlight back on Benjamin Graham’s investment strategy and his record. In the context of Michael Mauboussin’s new book The Success Equation, Jason Zweig asks in his WSJ Total Return column whether Graham was lucky or skillful, noting that Graham admitted he had his fair share of luck:
We tend to think of the greatest investors – say, Peter Lynch, George Soros, John Templeton, Warren Buffett, Benjamin Graham – as being mostly or entirely skillful.
Graham, of course, was the founder of security analysis as a profession, Buffett’s professor and first boss, and the author of the classic book The Intelligent Investor. He is universally regarded as one of the best investors of the 20th century.

But Graham, who outperformed the stock market by an annual average of at least 2.5 percentage points for more than two decades, coyly admitted that much of his remarkable track record may have been due to luck.
John Reese, in his Forbes’ Intelligent Investing column, notes that Graham’s Defensive Investor strategy has continued to outpace the market over the last decade: (more)

Please bookmark us


French actor Gerard Depardieu’s decision to renounce his citizenship in order to avoid paying taxes might be tempting to those moving into ever high brackets. But experts warn that making such an exit is often a complex and costly process.

Last weekend, Russian President Vladimir Putin granted Russian citizenship to Depardieu, who abandoned France after a bitter exchange over the government’s plans — stifled so far — to hike the top income tax bracket rate from a 46.7% ceiling, according to the OECD, to 75% for those who earn more than $1.3 million a year. He chose Russia, which has a flat tax rate of 13%, and where he is already a well-known figure. And Depardieu isn’t the first celebrity to pledge allegiance to a foreign flag. In 2012, billionaire Facebook co-founder Eduardo Saverin became a permanent resident of Singapore, although his spokesman at the time he was not motivated by tax rates.
The top rate of U.S. income tax is relatively high by international standards. As of Jan. 1, the 35% top rate of income tax increased to 39.6% for individuals with at least $400,000 of taxable income or couples with at least $450,000. Most countries fall comfortably below that rate. The exception: Western Europe. With an average top rate of 46%, it has the highest personal tax rates in the world, according to a 2012 survey by accounting giant KPMG. And plans by France to raise its top rate of income tax could obviously raise that average further.  (more)

Please bookmark us

Drought Will Send Corn, Wheat Prices Higher

Please bookmark us

10 Stocks Under $10 Performing Better Than S&P 500

Please bookmark us

‘How Central Banks Lease Their Gold’

Please bookmark us