by Runaway Slave | Aug 3, 2011 | Economics, Free Market, Libertarian Curmudgeon, Uncategorized
The Single Most Reliable Indicator In this video excerpt, Elliott Wave Financial Forecast Editor Steve Hochberg explains one of the most important things to keep in mind when assessing a market, “Extreme opinions, shared widely, constitute the single most...
by Runaway Slave | Aug 1, 2010 | Economics, Gold, Government, Libertarian Curmudgeon
Say what you will about Muslims, some of them at least are starting to figure out what a rip off paper money is and how to avoid it.
by Runaway Slave | Jul 13, 2010 | bear market, bottom, Deflation, depression, Economics, housing market, Libertarian Curmudgeon, market
July 12, 2010 By Elliott Wave International While many people spend time yearning for the financial markets to turn back up, a rare few have looked back in time to compare historical markets with the current situation – and then delivered a clear-eyed view...
by Runaway Slave | Nov 18, 2009 | bailouts, capitalism, corporate state, Economics, Essays & Articles, fascism, Freemarket, Libertarian Curmudgeon, state capitalism
There have been many deeply mistaken ideas that enjoyed almost universal acceptance until reality overtook the illusion. Take for instance the once unquestioned truth that “Key West real estate never goes down.” The persistent and widely accepted falsehood I have in...
by Runaway Slave | Nov 4, 2009 | Current Affairs, Economics, Essays & Articles, Free Market, Freemarket, government jobs, Libertarian Curmudgeon, stimulus money, stimulus package
Fighting capitalism is a thankless task that requires not only a colossal arrogance, but a masterful mendacity. A notable example is the Obama administration’s bragging about having created 640,000 jobs with $159 billion of “stimulus” money. Whether that many jobs...
by Runaway Slave | Oct 20, 2009 | Bubble, bull market, Economics, gold, investing, Libertarian Curmudgeon, precious metals
A friend of mine recently told me he was thinking of loading up his credit cards to use the money to buy silver. My friend isn’t a professional speculator, nor does he really have very much experience in speculation of any kind. I told him I thought such a move...
by Runaway Slave | Oct 14, 2009 | contrarian, Economics, gold, Libertarian Curmudgeon, technical analysis, trading
I’ve been a follower of Robert Prechter and since I stumbled on his work on Elliot Wave Theory in the 90’s. His calls have been a little late but his predictions have been consistently accurate for some years now. I’ve read most of his books and...
by Runaway Slave | Aug 23, 2009 | Economics, Libertarian Curmudgeon
I can never resist a good metaphor. Here’s and excellent one.
