Author: The INO.com Team

Doug Casey on Second Passports

Posted on by The INO.com Team

By Doug Casey, Chairman

Louis James: Doug, a lot of our readers have asked about getting a second passport. I realize this is a large and complex issue – several issues, actually – but would you care to go over the basics of where to go and what to do? And for those not already thinking about this, why?

Doug Casey: Sure. We've talked quite a bit about the increasing urgency of getting some of your assets out of your home country, especially if it's the United States. We've talked about having stores of precious metals in safe places abroad, and setting up bank and brokerage accounts abroad as well. I've said that safest way to store wealth abroad is to buy property, which can't be seized by your home country without an act of war. The purchase of real estate solves several issues all at once.

But that's all about protecting assets; to protect yourself, getting a second passport is unfortunately very important. Continue reading "Doug Casey on Second Passports" →

Weekly Futures Recap W/Mike Seery

Posted on by The INO.com Team

We’ve asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Cocoa Futures-- Cocoa futures in New York rallied  for the 2nd consecutive trading session settling in the July contract at 2257 trading above its 20 day moving average and now also above its 100 day moving average with excellent chart structure and in my opinion if you look at cocoa on the daily chart it has a nice grinding stair step pattern to the upside with a possible double bottom created at 2046 which was hit on 3 – 7 – 13 with the next major resistance at 2300 and if that is broken and I do believe there is a good possibility of prices hitting 2450 in the next 1-2 weeks while a bull market might be underway in cocoa prices. Continue reading "Weekly Futures Recap W/Mike Seery" →

Today's Video Update: Gold and Oil Prices Swoon

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 12th of April.

Gold
Gold (XAUUSDO) continues to come under pressure and is going to close out the week on a negative note. It would appear as though nobody wants to hold gold anymore. The gold market is close to a key area of support around the $1,500 area. A close below that area today does not auger too well for this market. Rumors that Cyprus is selling gold to improve its bank balances is also adding downside pressure on an already depressed market. We will be checking in on gold today and analyzing just how far this market can go from here. Continue reading "Today's Video Update: Gold and Oil Prices Swoon" →

Chart to Watch- DTLK

Posted on by The INO.com Team

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of Datalink Corporation (NASDAQ_DTLK).

I hope you are having a GREAT week !!!

DTLK has set up a possible MarketClub Trade Triangle opportunity, so let's take a look at what is going on with DTLK in this week's Chart to Watch.

MarketClub put in a monthly green Trade Triangle on 11/05/12 and the monthly Trade Triangle is still green which means the longer term trend is still up as of right now.. Continue reading "Chart to Watch- DTLK" →

Today's Video Update: The Law of the Market

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Thursday, the 11th of April.

Adapt or Die - That is the Law of the Market
As a trader, you must learn to adapt to changing conditions in the market, otherwise you are not going to be successful. The current rally in the DOW (DJI) and the S&P 500 (SP500) is a case in point. Maybe the fundamentals are not there to support the kind of valuations we are seeing, but that is not the most important element to consider when you look at the markets. If you were only looking at the fundamentals, you would have missed this entire move to the upside. The trend, sentiment and perception of what the market is going to do is very important, and right now for better or worse, the market is heading higher. Markets tend to trend in the direction of least resistance and right now that trend is on the upside.

There also appears to be a complete disconnect between Washington, Wall Street and Main Street. The feedback from Main Street, which is still underwater, is not that good and I think everyone would agree Washington is totally dysfunctional. Wall Street appears to be in its own universe, ruled by Chairman Bernanke and supported by the Fed, to the tune of $85 billion every month. Providing the Fed fix continues, we are likely to see the market continue its upward trend. Continue reading "Today's Video Update: The Law of the Market" →