This course is a broad overview and discussion of the salient subject areas that one will need to navigate to fully understand the commodity space.
Students will be introduced to what makes each of the commodity sectors tick from an international economic standpoint.
This course sets the record straight about what is a predictive indicator and what is a lagging indicator in the commodity markets.
This course discusses the successes and failures of some of the greatest traders and what the psychological issues were at the time.
I’ve written a few posts on George Soros and his recent gold accumulation. Here is Victor Sperandeo on what George Soros is actually thinking by simultaneously calling gold “the ultimate asset bubble” while at the same time raising his Gold stake to 9% of his long holdings at Soros Fund Management.
Sperandeo is the only person I know who ever received a cold call from Soros to run his money.
Why Would Soros Buy Gold Futures or a Gold ETF (GLD)?
George Soros and Gold Position Limits
George Soros: Massively Bullish on Gold
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With mutual funds paying your bills, it’s hard to not try to be bullish. Such is the life at CNBC…
Read MoreUS Banks can borrow from the Fed below 0.25% and buy 2-year Treasury Notes without any reserve requirement. They can lever this investment 100 to 1 (maybe higher) if they want and it’s a riskless trade. If rates go higher, the banks just hold the Notes until they mature.
They also don’t need an underwriting department for this, so they can lay off personnel. Since this is so lucrative, and riskless, and can be done with lower overhead, you can see why banks will be reluctant to lend money to small business owners.
Depositors are the ones fueling this trade by leaving their funds on deposit at the banks. But they’re effectively taxed at a rate of 100% since they are not getting any yield on their money.
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My mentor and I speak about Gold, commodity bubbles, Bernanke, Geithner, and I get him to answer a reader question about Market Timing.
Jeremy Siegel is still talking his book, literally.
Victor Sperandeo: Ben Bernanke never owned a future contract in his life. He might own a mutual fund, but my guess is he doesn’t know what’s in it.
Podcast with Daniel Amman.
“The price of gold is a referendum on the quantity and quality of paper money.”
Google is trying very hard NOT to be evil.
March 10 2010
George Soros called gold the “ultimate asset bubble,” but he didn’t say when it would occur. Then he quadrupled his initial stake.
March 09 2010
Gold’s quantity cannot be increased at the same rate as you can print money.
March 08 2010
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Funny or Die’s Presidential Reunion from Will Ferrell
March 03 2010
Victor Sperandeo says that US savers are taxed at 100% rate by leaving their funds on deposit.
March 02 2010
