The Hoarding Has Begun: Venezuela Nationalizes Gold Sector

There is a major disconnect from reality. While the long term outlook for the US and the world remains dismal, the near term outlook really isn’t as bad as the media has been making it out to be. We can’t ignore numbers and forecasts – even if they are being changed week after week. Just when we thought we were in the clear for a short term rally, we get slammed with more negativ…

Conflicts of Interest

It’s funny how the stock market works. It seems every week we have the fight of intraday bulls against the weekend selloff bears.
While scratched and bruised, neither of the beasts are winning.
As bright as the markets may look at times, there’s still a lot of economic issues that have yet to be fixed. From foreclosure troubles to unemployment, the markets remain shaky for all of the r…