I have to admit that I, among many others, gave in to “herd mentality”. Originally I had set my mind that the Fed will taper in December, but a few days ago I changed my mind to a September taper instead. I got it wrong. No taper. So what happens…
One of the most important lessons we learn as traders is that we must be suspicious of the crowd. When everybody is expecting the same outcome, chances are the opposite usually happens. So here are three surprises we should expect this week. This could turn out “nasty” if you’re on…
According to a recent poll, almost 67% of U.S. economists think the Federal Reserve will start to retreat from its huge bond-buying programme (or Quantitative Easing) in the final months of 2013. Nearly one third of those who expect the Fed to reduce bond purchases believe the bank will begin…
In my previous update on the metals, I alerted our readers that two very good potential short trades were setting up on Silver and Gold. Those trades came to fruition and have proved to be very profitable so far. Link to this post!