baselineace's Blog

Another year of voodoo economics?

baselineace — Thu, 19 Jan 2012 09:56:40 GMT

Continuation of the bull market in equities that began in March 2009 seems dependent on further monetary expansion by "Helicopter Ben" Bernanke, but even that might not do the trick.

The "choochs" on TV are quick to point out that U.S. companies are continuing to report quarter after quarter of record earnings. There is reason to...

Can CLOUD MANIA withstand macro fears?

baselineace — Tue, 18 Oct 2011 01:23:04 GMT

The tech-heavy NASDAQ has rallied more than 10 percent since the passing of Apple CEO Steve Jobs, a likely sign of more gains to come (barring any short-term pullbacks).

There is no coincidence in the correlation between this rally and the timing of Mr. Jobs' premature departure. In fact, such devastating news often dictates a market bottom and subsequent boom. Dig a little deeper and you find that the last si...

Gold bubble may have another year left

baselineace — Fri, 15 Oct 2010 19:05:38 GMT

FT markets editor James Mackintosh compares the current gold bubble to other famous bubbles of the past 100 years.

"At the moment, most investors probably aren't playing this as a bubble, but they should be," he said.

Gold isn't safe either

baselineace — Mon, 26 Jul 2010 05:41:37 GMT

Gold may not be such a safe haven after all.

Momentum has cooled since gold prices reached a nominal record high around $1,260 a troy ounce just weeks ago. Don't be surprised if that level is not revisited.

Gold prices have gone berserk in the second quarter of 2010, more so than in any other period during the past two years. Recently, gold has also fallen out of sync with the DJ-UBS Commodity Index (