Posts Tagged ‘Futures’

Sometimes it is challenging to assess how much people need to lose before the penny drops. This time, it has taken months for some, which is costly.   I am an Old Bear trader, and it never ceases to amaze me how long it takes before people accept that a bull market is over. It…

This week, I am back in the UK to see my old Mum and catch up with family before the tourist season takes off in Portugal. In a few weeks, we will be invaded by what the locals call Seagulls: Visiting tourists who make a lot of noise and leave shit everywhere.   As expected,…

This week we have seen more signs of the impending economic collapse. Indeed, the only thing that’s been good news is Elon Musk’s takeover of Twitter. For this old anarchist, it’s been a strange week in more ways than one. Firstly, getting the market direction right is something we all try to do. On the…

Although you find it difficult to see things close up, your vision of things further away seems to improve significantly. Last week, I went to Lisbon to enjoy some valuable face-to-face time with a few old friends. I do not have the opportunity to do this as much as I would like, but it is…

This week, I have been in Lisbon, catching up with a few people and chewing the fat with some of my old mates. Peter Kristensen of JPFS and Pedro Borges and Luis Alves Gomes, the co-founders of Criptoloja.   It’s great to hear that your mates are doing so well and being out of my…

Firstly, it kicks Russia out of SWIFT, which means Russia will no longer sell its oil and other commodities in dollars, or perhaps Euros, and will now only price in Rubles or other currencies it accepts, i.e., Yuan. This move by Russia and China will make Petrodollars a thing of the past and severely damage…

My mate Adam has been telling me that a report is like a penis: If it’s too long, it is hard to swallow. As he is named after the first person to own a penis, I will not argue with his advice. A few things have come to the fore this week, so I will…

I am not being negative towards the industry, because there is no chance cryptocurrencies and blockchain technology will not continue to develop, but we may be in a situation where too many products within the sector might prove to be overvalued in the shorter term. 2021 was the year of massive gains in crypto values.…

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…

Usually, when I am about to write, I typically have a list of 3 or 4 topics that I can choose from and decide what to write based on the latest news. It can be funny, miserable sarcastic, or a combination of all three depends how I’m feeling and where I am writing. Currently, I’m…

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…

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…

The Whales have grown big, because they feast on the tiniest Algae This week, I was going to talk about something else. However, after monitoring a few chat rooms, I thought I’d address why many newbies, who bought crypto at the higher levels, are now selling their positions to save 50% of their invested capital. …

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…

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…

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…

It’s been a terrible past few weeks – new investors who came to the markets expecting to see instant gains have been disappointed, but hopefully, this experience will make them better traders over the long term.   Many will be focusing on the recent collapse of cryptocurrencies. Those who remain disbelievers in this sector will…

When I was a young boy, I quickly learned that grabbing hold of the end of hot poker was not advisable.  Welcome to the world of blind speculation.   When speculating, there is nothing wrong in losing a bit of money; it’s all part of the game and a lesson learnt is worth its weight…

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…

At the end of the year, we had a few people disappointed because that much forecasted 100,000 on Bitcoin starting to look little more than a dream. But hey-ho, Rome was not built in a day. I am looking forward to 2022 and watching crypto markets grow and mature. However, I am not optimistic about…