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Riding the Commodity Bull Market
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I am tracking and blogging about my commodities trading account. I began the account with $2K, and my goal is to turn that into $1,000,000. I track every trade in the blog, share reasoning behind each trade and position, and update the positions weekly.
Recent Posts Tagged With 'australian dollar'
Turn Back the Clock...It's Another "Flight to Safety" Day
Mama said there'd be days like these...though you may have thought they were a thing of the past.With the DOW dropping 200 points on the day, and commodities down across the board, the "flight to safety" positions stood tall, just as they did during ...
Why Trend Following is Your Only Hope for Investment Survival
Buy and hold. Stocks for the long run. Diversify. These investment mantras were gospel during the great bull market of the 80s and 90s.Drinking this Kool-Aid will get you slaughtered today.There is no freaking way I would "buy and hold" anything ri...
Australia Caught Sandbagging Their Currency
Nice scoop on the Australian dollar from our favorite currency analyst, Everbank's Chuck Butler:And under the heading of "dirty float"... The Reserve Bank of Australia (RBA) is reported to have sold the most A$'s in the month of May, since February 2...
Australia's Avoids Recession...For Now
Technically speaking...Australia is not yet in a recession.Australia's GDP rose 0.4% in the 1st quarter of 2009 - a strong, strong performance turned in from the Land Down Under...especially as the other major economies in the world continue to circl...
More Good News for the Australian Dollar
The rally in the Australian looks poised to continue, as their central bank left interest rates unchanged - which preserves the large yield premium the Aussie still enjoys over most other major currencies.Here's the breakdown from legendary currency ...
The Fourth Turning...Into the Greater Depression?
Take a minute to think about your view of human history, and our continued progression as a species.Do you believe human history is linear...always getting better...onward and upwards to a better existence?Is it chaotic...stuff happens, people react,...
This Ain't Your Grandpa's Deflation...This Week in Commodities
Common wisdom holds that depressions are inherently deflationary. The United States in the 1930's. Japan in the 1990's and 2000's.Combine a depression with other deflationary factors going today in the US - demographics, deleveraging, falling ass...
How Much Longer Can the Australian Dollar Rally?
The trend is our friend...and right now, the trend in the Australian dollar is up, up, and up.Source: Barchart.comA couple of weeks ago, we took note of the rally in the Aussie - and decided to initiate a position. Boy am I glad we did...since that...
Australian Dollar Still Kicking Ass
Monday night, we were fortunate enough to initiate a long position in the Australian dollar. I took a long, hard look at it before entering the position - on one hand, it had already been rallying strong and was afraid may be due for a pullback. ...
Australian Dollar Hits 6-Month High...Can It's Rally Continue?
The Australian dollar topped the 74-cents mark today to hit a new 6-month high against the US dollar.The Aussie has been rallying strong of late, and this recent strength is now also underpinned by yesterday's decision by the RBA (Reserve Bank of Aus...
