The 1956 movie Forbidden Planet was at its core a tale of hubris; that technology can overcome nature, whether for Krell or human. The analogy for markets might be the conceit that the business cycle can be expunged without consequence and that one can borrow oneself out of debt. Like the ‘monster from the Id’ […]
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A solid monthly jobs report and the Fed rushes out some rumours that it may bring forward the supposed planned tapering. Yes, they’re that obvious! From the subsequent -6% drop in the gold price, it would seem a few precious metal traders were happy to take the bait, although the lack of follow through from […]
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