Markets move in trends. This is a glaringly obvious fact for anyone with eyes to see. In fact, already 2000 years ago in his timeless classic, "The Art of War," Sun Tzu identified trends as one of the three great avenues of opportunity. In spite of that, the idea that markets move in trends is … Continue reading My University of Texas guest lecture on trend following
As we approach the autumn season, the charts of both Gold and Silver look very interesting, suggesting that over the next few months we could see very significant price events in both precious metals. I base this purely on my reading of Gold and Silver price charts but I’ll also address some unprecedented anomalies in … Continue reading Are Gold and Silver due for an explosive rally?
Former Fed Chairman Arthur Burns said that, “A subtle understanding of economic change comes from a knowledge of history and large affairs, not from statistics or their processing alone.” So far as large affairs go, the recent events in Afghanistan could hardly be any larger. On Sunday, 15 August Taliban fighters entered Kabul unopposed and … Continue reading Why the loss of Afghanistan will ultimately end the Empire
Tens of millions of individual investors worldwide took the step of setting up their own brokerage accounts to actively manage their portfolios. Unfortunately, most of them lose money: an 11-year study published by the UK regulator FCA found that 82% of them lose money. The data published by many of the retail brokers corroborate this. … Continue reading Warren Buffett and Ben Graham: momentum players, NOT value investors!
The market for U.S. Treasury securities is the single largest market in the world. It sets the interest rates on American government debt which is the most important price in the global markets and as such kept under a microscope by an army of analysts worldwide. Recently a relatively minor drop in yields left the … Continue reading Treasury yields crash: as experts scramble for clues, trend followers profit.
Over the past four weeks Bitcoin's price fluctuations have traced an interesting pattern that suggest a favorable risk-reward ratio, an acceptable point of entry (at the time of this writing at about $32,600), close stop-loss point and a much more open upside potential. The analysis is offered in the following 7-minute YouTube video report: https://youtu.be/O1Q0FsycUO0
More than a century of empirical data covering 18 of the world’s largest stock markets show beyond a shadow of doubt that market trends are the most powerful drivers of investment performance. The foundations of a successful long-term investment management practice should rest on four pillars: TruthStrategyDisciplinePatience Truth is what we try to uncover by … Continue reading Market trends: far and away the most powerful drivers of investment performance
Last week the Visual Capitalist published another one of their infographics, this time about the oil reserves of different nations. As usual, they make nice-looking graphics, but this document yet again perpetuates the seemingly immortal myth about the magical, inexhaustible Saudi oil reserves which, says the Visual Capitalist, amount to 291 billion barrels. They got … Continue reading The coming energy crisis – the case of dwindling Saudi oil reserves (video + transcript)
After much thought and preparations I am delighted to announce the launch of MARKETS, TRENDS and PROFITS channel on YouTube. The mission behind I-System Trend Following and this channel is to explore financial markets and the secrets of investing profitably -FOR THE LONG TERM. What we’ll cover here is not commonly taught in university courses … Continue reading Money management: strategy vs. gimmicks and why it matters
A subtle understanding of economic change comes from a knowledge of history and large affairs, not from statistics or their processing alone...Arthur Burns (Federal Reserve Chairman and Milton Friedman's economics professor) Since the last financial crisis, Renegade Inc. has produced a long series of documentary programs and interviews with leading economists and thinkers like Richard … Continue reading The next stage: banking crisis or inflation?