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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Thursday, 20 September 2012

Interesting post from Gary Savage (also worth reading the preceding post in his blog) Am not in total agreement with his view on the dollar but its not an easy call

http://smartmoneytracker.blogspot.co.uk/2012/09/markets-are-waiting-on-oil.html
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2 comments:

  1. Trading Sunset20 September 2012 at 01:59

    Interesting post by Savage.

    He seems to care nothing for fundamentals, or black swans.

    A rally all the way into 2014 seems...unlikely, considering the underlying.

    Nevermind the ongoing bank run in the EU.

    ReplyDelete
  2. Chartrambler20 September 2012 at 12:28

    Hi PD ,yes his methodolgy seems to be cycle based,with emphasis on the dollar as the risk driver.Always an interesting read and quite original perspective.

    ReplyDelete

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