Gold !

I don’t even know where to start talking about gold, it defies belief that gold continues to plummet and is now making new 5 year lows at the same time as demand for the physical stuff is soaring and debt laden economies globally continue to debase their currencies and accumulate yet more debt to service […]

Bitcoin marches on

The silk road coins have been auctioned, and all sold to one bidder. In the process bitcoin has been almost officially given a stamp of approval from US Marshals as fungible units of exchange. Looks like the market approved of this result with prices shooting up towards $650. Heres bitstamp with 4 hour candles. The […]

Resurgent bitcoin

Bitcoin is up over 7% today on Bitstamp, taking price over $600. We’re still seeing support and resistance on the sloping lines I’ve been drawing for a while now. Heres a nice view of the latest chart showing last couple of weeks strong rally with 4 hour candles. I suppose many people will be wondering […]