METALS Gold is bucking the trend by strengthening in the face of a stronger US Dollar. The struggles for the currencies of Argentina, Brazil, and Turkey may… Read more "Booy’s #Commodities #60SecUpdate #37"
Month: May 2018
Before artificial intelligent, there was once the gut
We trust machines to make decisions for us, why wouldn’t we trust a “machine” like our brain that is capable of far more complex deductions? In a…… Read more “Before artificial intelligent, there was once the gut”
Booy’s #Commodities #60SecUpdate #35
METALS USD strength not abating as news from Japan and Europe aren't helping their currencies. Consequently, Gold maintains a weaker stance, while Silver shows some resilience. Platinum… Read more "Booy’s #Commodities #60SecUpdate #35"
Treat your capital like poker chips
I once walked into a casino and it was the most depressing scene of unhealthy, mindless, and hopeless behavior I had ever seen in my life. Until……… Read more “Treat your capital like poker chips”
Booy’s #Commodities #60SecUpdate #34
METALS Gold breaking $1,300 for the first time in 2018. It was an important support level. USD continues to strengthen and the path of least resistance is… Read more "Booy’s #Commodities #60SecUpdate #34"
You have to be ok with losing it all, if you want to win at all
While a healthy fear of the markets leads to proper risk management and discipline, excessive fear of losing money impairs our decision-making process and leads to trading…… Read more “You have to be ok with losing it all, if you want to win at all”
Booy’s #Commodities #60SecUpdate #32
METALS The most striking aspect of the US's exit out of the JCPOA is not the impact on Iran, but on the relationship between the US and… Read more "Booy’s #Commodities #60SecUpdate #32"
Booy’s #Commodities #60SecUpdate #30
METALS Initial reaction to employment report is negative for rates and USD, therefore stronger Gold/Silver. It's a short-term catalyst to support the rebound inside the well-known 2018… Read more "Booy’s #Commodities #60SecUpdate #30"
