In the past decade Neo-Nazi’s in Russian have been rising. Repeated incidents of violent street beatings of minorities and ethnics have transpired over the last five years with increased frequencies. These violent acts against people in Russian that look different whether Asian, Indian (dark skin), Blacks, Jews or Arab looking, have been perform by the skin heads of the Neo-Nazi movement.
Archive for the ‘Economy’ Category
Will Russia Become The Modern Day Nazi State – Racist Russia
Thursday, December 16th, 2010Bought Some Horizons BetaPro NYMEX Crude Oil Bull (HOU.TO) ETF Shares – Potential Rise In OIL
Wednesday, December 8th, 2010
Crude oil recently hit $90 a barrel and then retreated, however all the talk in the market is that cost per barrel of crude oil will hit about $100. In light of this I purchased a few weeks ago ETF shares in Horizons BetaPro NYMEX Crude Oil Bull (HOU.TO) when oil was at a price of $84…right now it is trading at $88-89. Few factors at play, we are going into the winter months and there will be a rise in demand next year according to most financial websites.
U.S Government Doesn’t Intend To Pay Off Debt and Devaluing U.S Dollar
Sunday, November 14th, 2010
Recently, Germany and China have been criticizing the U.S Government for the recent Quantitative Easing 2 (QE2) move to print more money and inject 600 billion to buy back U.S bonds / treasuries. This in fact will cause a lot of issues…one of which is the U.S dollar will go down in value and make the U.S more competitive and increase U.S
Exports. Sounds good right? Except that this move shows just how big a hypocrite the U.S Government is.
Entered Bearish Position with Canadian ETFs for S&P500 and Nasdaq 100
Thursday, October 21st, 2010
Well, looking at the charts today, it would seem that the S&P500 is showing some signs of a little weakness. After a huge run up for the DJIA, Nasdaq and S&P500, I believe things are going to stop going up and a reversal is in order. Don’t know exactly when it will hit maybe a week or two or maybe even a month, but I think we are getting a little long in tooth here.
The U.S Stock Market Has Rallied Big Time Amid Worsening Job Situation and Local Government Out of Money
Thursday, October 14th, 2010
The U.S puts out reports that the recession ended last year sometime, and the Federal Reserve say that they are going to do more “Quantitative Easing” to further stimulate the economy. The stock market responds by sending the Dow Jones Industrial Average well over 11,000. All this in my personal opinion is hog wash, it is just more U.S Government propaganda to make things seem a lot better than they are.
Entered Trade with QQQQ Put Options – Mar 2011 @ $44 Strike Price
Friday, October 1st, 2010
Well, the month of September had a nice run…the DOW, SP&500 and Nasdaq bounced back up. However, whenever there is a significant run up there has to be a pull back.
As far as the economy is concerned there is nothing in my view supporting the recent run up in the markets. From the macro view the U.S is still in huge deficit, government spending continues and jobs are still being lost despite corporations making record profit. Now add to that the recent report that over 40 million Americans are now considered poor, while the middle-class is being wiped out.
Closed Position on SLV (Silver ETF) Options – Made Small Profit
Sunday, September 26th, 2010
In previous post on MoneyAccumulator.com I wrote about the CALL options I bought on SLV (Silver ETF) for expiry of January 2010 with a strike price of $19. Well, I recently sold the options contract when the SLV ETF reached the price of $20.60.
Silver On The Move Above $20 – iShares Silver Trust (SLV) ETF
Thursday, September 16th, 2010
About 3 months ago, I bought contracts in iShares Silver Trust (SLV) ETF kind of as an experiment or litmus test to see my hunches are correct.
If the stock market and economy falters in the next 3 months by January 2010 SLV contracts with a strike price of $19 will make some money as long as the contract price exceeds my break even of $2.10. Currently the contract price is at $2.23 (Sept.16, 2010).
Dow Jones Finished Slightly Above 10,000
Sunday, August 29th, 2010
I posted on Tuesday, August 17th that the Dow Jones will drop to 10,000 points from 10,450 points then bounce a bit, and again head lower to the next support level 9,600. As you can see from trading the actions of August 26 and 27 that it is exactly how it is playing out.
Gerald Celente – Puts The Economic and Political Pieces Together and Tells it Like it is
Wednesday, August 25th, 2010
Gerald Celente of Trend Research is not afraid to tell it like it is based on data and facts his Trend Research company analyzes. It may sound doom and gloom, but it does make a lot of sense what Gerald is saying. The U.S Government would have you believe otherwise, by putting out in the media false unemployment data, that’s because the U.S Government doesn’t want the people to panic, so they make things seem better than they really are, until it is too late.
Staying Out of Stocks Until Down Leg is Done – DJIA Shows Downtrend
Tuesday, August 17th, 2010
Looking at the 6 month chart for the DJIA, it looks like the market is at the beginning of a downtrend, the 10 and 200 day moving average is well over the price adding to downward pressure, however it looks like their might be a small pop upwards as the price hits the 50-day moving average, but after that my guess is that the downward trend will continue bringing the Dow Jones down to 10,000 and if it breaks past that down to 9,600 again. Also looking at the MACD it looks like a downward indicator as well ( please read my disclaimer). I have been wrong before so do your own due deligence, this is just my read on the market.
