America

Why Geopolitical Sabre-Rattling will be Good for the Gold Price

Submitted by Mike Shedlock via MishTalk.com,

This bit of asininity just came in from McCain: Send Weapons to Ukraine.

McCain also repeated idiotic comments on Russian interference in the US election.

Sen. John McCain (R-Ariz.) is calling on President Trump to send lethal aid to Ukraine after attacks this week were blamed on Russia-backed rebels.

 

Submitted by Brandon Smith via Alt-Market.com,

Submitted by Jeff Brown via The Saker,

Trump and Roosevelt: two peas in a pod?

For the record, I voted for Donald Trump. Not that I was in love with the guy. It was really a matter of default. On the Oklahoma state ballot, I had the choice of Hillary “Crimes Against Humanity + Here Comes World War III” Clinton, the Libertarian candidate Gary Johnson and Mr. Trump. I chose Trump, a populist, sometimes demagogue and buffoon, but a real outsider who might shake the establishment up.

As investors and traders, if we want to be good at what we do, we need to be objective.  We can't get emotional.  We all know this, but - it's not easy!  Humans are emotional creatures and that's why we trade algorithmic systems.  We want to make money, and not have huge losses.  The best methods that everyone agrees with - mostly - is the scientific method.  This includes simple deductive logic and reasoning.  "Belief" is not profitable in the markets.  "Hope" is not a successful strategy.  However, these themes pervade our culture, and especially our politics.  Why?