The Old Man’s Views

Happy Birthday to Me! …Or Is It?

Today, my oldest contract should have come into play. But the government cheated me by unilaterally changing the terms and conditions.   Today, my oldest contract should have come into play. But the government cheated me by unilaterally changing the terms and conditions.   When I started paying into my pension back in the 70s,…

Read More

The Old Man’s Views

Why Are You Reading This?

If you are anything like me, you are reading reports hoping that you will find a snippet of information that might prove profitable today or in the future. Most of us are looking to make money trading in speculative markets. We want to have some fun and make some money. The problem in today’s world…

Read More

The Old Man’s Views

Morals and the Markets

It doesn’t matter how much the markets have moved in our favour. There can be no joy when watching what is happening in Ukraine.   I have for some time written about the need to diversify our portfolios to hedge against economic decline and massive inflation, especially into commodities and away from stocks. Still, I…

Read More

The Old Man’s Views

A Sad Week

In a week such as this, talking about ways to make money seems a little obscene.   All the people in Ukraine are in my prayers. The people currently under attack from the Russian military. And those who suffered immensely from 8-years of the Civil War: who are being ignored by many in the Western…

Read More

The Old Man’s Views

The Story of Fernando, The Romantic Bull.

The week of Valentine’s Day is always a good time to tell the story of Fernando the Bull. I’ve read lots of reports and recommendations, many of which involve various types of technical analysis. Since the early days, I have been a big fan of using Elliot’s wave theory, especially on financial products. Elliot wave…

Read More

The Old Man’s Views

The Winter Games and Games People Play

China has done exceptionally well hosting the Winter Olympics after Covid.    Considering China’s record of human rights abuse, the communists must be extremely happy that so many countries showed up to take part, that includes the Jamaican Bobsleigh team, which we should all be cheering!   For the billions of you not following these…

Read More

The Old Man’s Views

Reasons to be Cheerful

There are lots of reasons to be cheerful: cheaper currencies, low interest rates, … AND you are not a central banker!   Firstly, as you are not running a Central Bank, be very happy because those guys are between a rock and a hard place right now. They have been playing with interest rates for…

Read More

The Old Man’s Views

Fruit machines ain’t finance

I came into the cryptocurrencies looking for additional products to hedge against inflation and economic decline.   What I found …was a minefield.   I appreciated the ideology behind Bitcoin, and I realised volatility was a significant issue. I also understood how the blockchain worked with miners, proof of stake, and proof of work. I…

Read More