Gold responds to inflation/deflation. During the economic crisis and now with the Coronavirus Pandemic, growth is falling precipitously. No demand with excessive supply is deflationary and gold prices are going to fall along with all other assets.
You can download this information from the CME at the settlement ftp site. The will have 5-6 days of data. You can download text or xml files. There's more information in the xml file but in either case you will need to parse the data. The data is updated regularly at the close which makes...
I think if you can define a top, it should be quite easy.
For instance let's say you define a top as...
The past 10 days high are lower than todays high and the following 10 days high are lower than todays high.
Count the number of time that has happened over some period and your...
From the article, based on the French and Ottoman examples it would seem that the 50-60% level is the threshold for bankruptcy. The US is nowhere near that at 26%, we've got plenty of time to enjoy the party.
No seriously it's pretty grim. Just imagine what we could be spending that 415...
Carol Alexander - Market Risk Analysis, Quantitative Methods in Finance
to start.
http://www.amazon.com/Market-Analysis-Quantitative-Methods-Finance/dp/0470998008/ref=sr_1_1?s=books&ie=UTF8&qid=1366087913&sr=1-1&keywords=carol+alexander
I would never listen to the opinion of anybody under the age of 35. My cut off age used to be 30 but people are remaining stupid later in life.
This is my testimonial addressed to whom might be concerned.
Thank you,
gtor514
I've heard the VIX has absolutely no predictive properties whatsoever but your chart is interesting. It appears each major run up in the VIX is preceded by two successive spikes and then crash. I see we are sitting ahead of two spikes right now.. hmm.
I thank you for you comment/answer. It is a good response to a poor question and in retrospect I should have worded my question so as not to suggest that I am the some sort of doomsday evangilist proclaiming that the day of financial armageddon is near, and that the US will go bankrupt.
I...
I understand it's up to congress to pass a budget which they may or may not do, but congress must act when the treasury secretary gives congress notice there are no more funds in the treasury. Congess must then vote for the debt ceiling to be raised allowing the treasury to sell bonds there...
I heard you can still buy hostess products in Canada.
I used to love ho-ho's twinkies and dingdongs when they were made with the good stuff like lard and real sugar. They went to hell when the started being made with crap ingredients and deserve to go bankrupt.
I could be wrong but it seems that the Japanese Finance ministers have always been reluctant to print, only at times to bolster profits ahead of end of year swaps.
This time it's different, like a capitualation of sorts.
I can't argue with that but I was referring to the evidence outlined in the PBS documentary "The Commanding Heights" which was the OP's original reference.
They describe the Soviet Union economist study the writing's of Hayek and Friedman as they planned the transition to a free market...