DailyMarkets.com - Gold’s Parabola Equation |
- Gold’s Parabola Equation
- Chart Of The Day: Transfer Payments
- Forex – EUR/USD Weekly Outlook: August 22 – 26
- Natural Gas Futures – Weekly Review: August 15 – 19
- Forex – GBP/USD Weekly Outlook: August 22 – 26
| Posted: 21 Aug 2011 10:08 AM PDT We all hear the talk these days about gold going ‘parabolic’ and that gold’s secular bull market is itself making a large scale parabola. I decided to do a little investigating this weekend to see if I could prove or disprove some of these notions mathematically. After blowing the dust off the cover of my high school algebra book, I found the equation for a parabola which is: y = ax(squared) + bx + c. Then it all came back to me what a hassle these kind of problems are to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Chart Of The Day: Transfer Payments Posted: 21 Aug 2011 08:13 AM PDT Warren Buffett’s recent column focused mostly on the “sources of government revenue” and the income taxes collected from the “super-rich,” which he suggests should be immediately increased with higher rates on incomes above $1 million to reduce the national debt and deficit. But there’s also the other side of the equation – the “uses of government revenue” that Mr. Buffett did not address. The chart above shows “transfer payments as a share of government spending” from 1929 to … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – EUR/USD Weekly Outlook: August 22 – 26 Posted: 21 Aug 2011 07:57 AM PDT Forexpros – The euro ended higher against the U.S. dollar last week, as the European Central Bank continued buying government bonds but the single currency pared gains on Friday amid concerns that the sovereign debt crisis was spreading to the region’s banking system.<br /><br />EUR/USD hit 1.4516 on Wednesday, the pair’s highest since July 27; the pair subsequently consolidated at 1.4394 by close of trade on Friday, gaining 0.88% over the week.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Natural Gas Futures – Weekly Review: August 15 – 19 Posted: 21 Aug 2011 07:52 AM PDT Forexpros – Last week saw natural gas futures bounce off a five-month low on Friday, as forecasts showed warmer-than-normal weather was expected to return to the southern U.S. states next week, boosting demand expectations for the fuel.<br /><br />On the New York Mercantile Exchange, natural gas futures for delivery in September settled at USD3.936 per million British thermal units by close of trade on Friday, slumping 1.8% over the week, the fourth weekly decline in the past five … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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| Forex – GBP/USD Weekly Outlook: August 22 – 26 Posted: 21 Aug 2011 07:42 AM PDT Forexpros – The pound rose to a three-and-a-half month high against the U.S. dollar on Friday, before erasing gains as a combination of fears over the outlook for global economic growth and concerns over the euro zone sovereign debt crisis saw investors shun riskier assets.<br /><br />GBP/USD hit 1.6617on Friday, the pair’s highest since May 3; the pair subsequently consolidated at 1.6462 by close of trade, up 1.14% over the week.<br /><br />Cable is likely … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
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