Gold: cup & wedge
This February, I wrote an article on gold pointing out the possibility of a formation of a Cup-with-a-Handle pattern. This price pattern looks like a cup with a right handle. […]
Finance
China gold’s reserves, the warning for US
China announced yesterday that they increased their central gold reserves by 480,000 oz (approx 14.9 tonnes) in April, noting that this is the fifth straight month of increases. The announcement […]
Oil price is not a game for Funds
North America’s energy-focused private equity firms just saw a five-year low in fund closings and the lowest amount of total capital raised for energy investment since early 2016. During the […]
JP Morgan ready to put the flag in China
JPMorgan could become the first foreign company to own a majority stake in its Chinese mutual fund business, after its joint venture partner put a crucial 2 percent of the […]
Vanguard: the patented way to avoid tax in mutual funds
Last week’s big story about Vanguard Group’s patented tax dodge raised some interesting legal and tax issues. Our charge today is to try to take a slightly deeper look at […]
1MDB case: Former Goldman banker released by US Court
A former Goldman Sachs banker pleaded not guilty Monday in New York to bribery and other charges in the multi-billion-dollar 1MDB scandal after being extradited from Malaysia. Malaysian Ng Chong […]
US-China trade deal: forget the yuan
Will a possibly imminent US-China trade agreement exacerbate global business cycles or even plant the seeds of the next Asian financial crisis? If the eventual agreement – assuming there is […]
New Paths from May to October for the S&P500
As shown on the weekly S&P500 chart since November 2016, we have drawn a Widening Triangle joining, on one hand, the parabolic rising top of January 2018 and the top […]