Author: The INO.com Team

Happy Halloween... Trick or October Pivot 2?

Posted on by The INO.com Team

The run up and aftermath to the FOMC’s QE announcement last month brought a surge of bullish optimism to market players – especially those in the over bought precious metals – that was unsustainable. Enter the predictable October fright fest that has seen big-name US earnings reports routinely punished and sentiment knocked down across the broad markets.  It should be clear to all by now that the US economy is decelerating.

Of course, one look at the Copper-Gold ratio tells that story well enough and has been telling that story since the spring time.  Gold is a counter-cyclical asset that benefits when policy makers are pressured to attempt to compromise their currencies in service to economic growth.  Copper is a cyclical commodity that goes in line with economic growth. Continue reading "Happy Halloween... Trick or October Pivot 2?" →

Daily Video Update: After the bell Amazon and Apple report earnings … Buy or Sell?

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 25th of October.

After the closing bell tonight we have the number one tech company, Apple, reporting their earnings, as well as the number one online consumer company, Amazon, reporting their earnings.

Doubtless the earnings of these two giants will have an effect on tomorrow's market. In today's video we will be looking at both Apple and Amazon and share with you how we are positioned before the earnings are reported. I think you will find how we are positioned might be very contrary to popular opinion.

UNCERTAINTY PERSISTS Continue reading "Daily Video Update: After the bell Amazon and Apple report earnings … Buy or Sell?" →

Doug Casey's Top Five Reasons Not to Vote

Posted on by The INO.com Team

By Doug Casey, Casey Research

L: Doug, we've spoken about presidents. We have a presidential election coming up in the US – an election that could have significant consequences on our investments. But given the views you've already expressed on the Tea Party movement and anarchy, I'm sure you have different ideas. What do you make of the impending circus, and what should a rational man do?

Doug: Well, a rational man, which is to say, an ethical man, would almost certainly not vote in this election, or in any other – at least above a local level, where you personally know most of both your neighbors and the candidates.

L: Why? Might not an ethical person want to vote the bums out?

Doug: He might feel that way, but he'd better get his emotions under control. I've thought about this. So let me give you at least five reasons why no one should vote.

The first reason is that voting is an unethical act, in and of itself. That's because the state is pure, institutionalized coercion. If you believe that coercion is an improper way for people to relate to one another, then you shouldn't engage in a process that formalizes and guarantees the use of coercion. Continue reading "Doug Casey's Top Five Reasons Not to Vote" →

MarketClub TV for 10/24/12: October can be a tough month for stocks

Posted on by The INO.com Team

Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Wednesday, the 24th of October.

For the first time in five months the market is lower for the month by almost 2%. October can be a very cruel month for stocks. Some of the biggest stock plunges in financial history have all occurred, coincidentally, in October.

THE BIG THREE PLUNGES

Oct. 29, 1929, the Dow plunged a substantial 12.8 percent. However, it didn’t stop there.

Oct. 19, 1987, the stock market lost $1 trillion in value in the next few weeks.

Oct. 2008, saw a start of a market melt down. The problems began months before, but October was the worst month. Continue reading "MarketClub TV for 10/24/12: October can be a tough month for stocks" →

Election Time

Posted on by The INO.com Team

By Jeff Thomas, International Man

"Anybody who wants the presidency so much that he'll spend two years organizing and campaigning for it is not to be trusted with the office." - David Broder

"If voting could actually change anything, it would be illegal." - Noam Chomsky

Generally, I tend not to comment on elections, as I consider them to be largely unimportant. That is, regardless of which candidate is elected, the actual outcome tends to be much the same. In most countries, the higher the office being contested, the less real difference there is between the candidates.

First, unlike, say, a beauty pageant, in which the voter may have up to fifty contestants to choose from (as in the US), the governments of the world do all that is in their power to limit the choices to two contestants. Second, the more sophisticated the electoral system, the more likely it is that the two candidates are quite similar in both their level of ability and their apparent sincerity in serving the public who elect them. Third, the more apparent an issue is in the eyes of the voters, the less likely it is that the candidates will actually offer a specific plan to solve it. Continue reading "Election Time" →