Recent content by ArchStanton

I hope that those central bankers have an accurate growth model for a decade of ZIRP. Common sense is telling me that the boomers may be reaching a tipping point here. After years of ZIRP and seeing low equity returns recently, I think they may start seriously cutting back on spending. They are...

If the mythical PPT (the big boys using free FED money) really wanted a rally this month, they would pull their support until we're below 1020, then go back to the usual game. That would satisfy the technical retest. Then they might trigger a real rally to 1200 into the year end with all the...

The "long run" has sure been great in the recent past. But if you had asked somebody in 1982 who had retired in 1965, he'd have told you that the market was unchanged over those 17 years while inflation had more than doubled general prices. So much for a comfortable retirement. :) Arch

Concerning the grains, it doesn't take a huge shift between the supply and new demand to cause a large price increase. In the book "The Theory of Political Economics" by Jevons in 1871, this supply/demand shift is discussed. The author quotes studies by Gregory King in the year 1696 for the...

I'm sorry to hear about your unfortunate turnaround. Hopefully you have learned from the experience. If your account was up from $7,000 to $52,000 in 2007, I do hope that you set aside some money to pay the taxes. If you had profits on closed trades in 2007, then your losses in early 2008...

Like Bogan7 says, there are a few bear ETF's that will negatively correlate to the indexes. For example, DXD, Dow30 MZZ, MidCap400 QID, Nasdaq 100 SDS, S&P500 TWM, Russel2000 Arch

The discount will only get bigger over time. According to the prospectus, the fund's expenses are met by asset sales. Hence, each share will represent less and less gold over time. http://www.streettracksgoldshares.com/pdf/streetTRACKS.pdf Arch

I agree with Anek. If you really want to have gold exposure then you should buy an ETF such as GLD. This is the cheapest and simplest way to have gold exposure. Each GLD share will be worth approximately 1/10th of an ounce of gold. You should only buy coins if you feel that the whole...

If your shares are in "street name", then you are merely the "beneficial owner" of these shares. In fact, I do believe that you are basically an unsecured creditor of the brokerage. They owe you shares, instead of money. Just like a bank deposit, the broker hasn't given you any collateral to...

Overnight, the Shanghai Composite Index rose 1.48% to yet another record at 4628.11! Definitely no credit worries over there. Arch

I have to agree with you 100%. However, you give no insight into the true trigger that led "sellers to become very aggressive as opposed to buyers". It's like saying that the secret to making money in the stock market is to hold stocks while they're going up and let somebody else hold them...

What is a Phase 4 chain reaction? Doesn't that happen when one of those "bypass flux capacitors" fails on StarTrek? :D Arch

Yes. Treasury Secretary James Baker III made the statement over a weekend that the US was prepared to "let the dollar slide". There are a few who directly blame his mouth for the debacle. Tudor Jones, Jim Rogers, Sperandeo, to name a few, have been quoted saying as much. Whenever Baker...

Can anyone give any concrete reasons why the Chinese markets refused to participate in the global market correction this week? Shanghai is still hovering at all time highs. Even Taiwan, Korea, and Japan joined in with America and Europe on the downswing this week. Other than the...