Venezuela And The Crash In Oil

I saw it coming almost 2 years ago… I predicted that there would be “unrest and disaster”. And finally it has come true for one of the world’s economies that I named back in 2014. Today in this country there are mass protests, unemployment has skyrocketed and it costs $200 just…

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The Truth About Bankers’ Bonuses (How You’re Getting Screwed By Banks and Government)

Above is a video I posted of a live and heated debate on Al Jazeera TV on Friday about the controversial issue of bankers bonuses. As a trader I sympathise with my colleague Peter Schiff that we should not have bailed out the banks and let them fail. He does…

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Recession | Which Stage Of The Economic Cycle Are We In?

Most people assume that there are only two stages in the economic cycles: “Boom” and “Bust” – referred to as “expansion” and “contraction” by economists. This two-stage assumption is refuted by some economists who argue that we actually go through five stages: Early Expansion Middle Expansion Late Expansion Early Contraction…

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Recession | How To Profit From A Stock Market Crash by Selling Short (Part 2)

Commonly people buy the stocks of a company in order to make money as the stock rises in value. This is also known as “going long”. However, selling short is the method whereby you can make money when stock prices are falling. This is known as “going short”. This is…

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People Can Be Poor Judges Of A Recession’s End

Psst!  Have you heard yet?  The recession has finally ended.  Yes, and it did not end just now, but actually in June 2009! As hard to swallow as this may be, such were the findings released on Monday of the National Bureau of Economic Research (NBER), an economic group whose…

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