Financial Sense Blog

The following is commentary that originally appeared at treasurechests.info for the benefit of subscribers on Tuesday, December 21st, 2010.

For weeks now, the stock market has been a one-way street. Any and all dips have been bought as traders focus on the idea that the economy here in the U.S. may be improving faster than had been anticipated a few short months ago.

It was a great first week in the market for 2011. Volume picked up as traders slowly return from holidays focusing on the markets again. Looking forward volume should continue to expand because there will be more traders in front of their terminals excited to see what type of money they can make in 2011.

Our society is being kept in a dark room. When you read or see the data/ information being disseminated, what conclusions can you draw? The Negatives incease and the positives decreased, and yet, we are somehow better off???

In this article I analyze the recent work of Robert Prechter’s “Elliott Wave International”, evaluating it in terms of the quality of epistemology, methodology, data integrity, interpretation, conclusions, recommendations and results.

We have encountered questions about debt of the United States in the past few weeks and thought a Q and A about debt would be handy. This is the first of two installments of noteworthy highlights about federal debt.

Cruelty and injustice, intolerance and oppression, and where once you had the freedom to object, to think and speak as you saw fit, you now have censors and systems of surveillance coercing your conformity and soliciting your submission? How did this happen? Who’s to blame? Well certainly there are those who are more responsible than others, and they will be held accountable, but again, truth be told, if you’re looking for the guilty, you need only look into a mirror.

Can we expect gold's run to continue into 2011?

The Dow may reach 15,000 by year end pushed by the Fed's 'stimulus' programs.

The unemployment rate fell by 0.4 percentage point to 9.4 percent in December, and nonfarm payroll employment increased by 103,000, the U.S. Bureau of Labor Statistics reported today. Employment rose in leisure and hospitality and in health care but was little changed in other major industries.