Interesting example of value versus market price.

Babe Ruth's 100-Yr.-Old Handwritten Letter To Mistress Sells For $201K At Auction!!

Russian economic performance has been so wickedly poor under P that it is now smaller than the Australian economy and lost any claim to 'super power'. Forced to maintain an image of being important in the world to impoverished Russians P follows a ...

Ukraine calls for path into NATO after Russia masses troops

USA is still in a political crisis which has to be dealt with prior to a real resolution of economic frailties. With tens of millions of Americans supporting a man who does not believe that US democracy is functional then who can say with confidence ...

Kaplan: Economy Still in Crisis, Appropriate for Fed to Offer Aggressive Aid

Thank you for your comment. I'm very comfortable with the evidence supporting all of the points made but look forward to substantive debate.

Russia Stages Mass Military Drills Amid Tensions With Ukraine

The Russian administration is losing the hearts and minds of its citizens and the citizens of satellite protectorates. There is an inexorable momentum towards radical change. Communication technologies are a much more powerful force than old style ...

Russia Stages Mass Military Drills Amid Tensions With Ukraine

Pity no charts to see where we actually are now. Many countries are experiencing heavy investment and trading interest in residential housing and many governments are battling rising house prices in the vain attempt to achieve social goals - vain ...

Sydney house prices surged 3.6% in March - It's the fastest monthly rise in 33 years

I wrote a song once called "Hub Cap Blues" but din't make one red cent.

Notorious B.I.G. Hubcap From Death Ride Going Up for Sale at $150K

You get close when you describe both Republican and Democratic economic policies as being 'middle of the road' - the same economic objectives and instruments are used by both sides, making it really difficult to choose a Party on the basis of ...

White House called for $3T in spending & $1T in tax hikes in initial draft infrastructure...

Biggest negative for USD is lurch away from democratic norms and many tens of millions of Americans seemingly supporting the man who lost the election. If you think this is not important to forex markets then I strongly advise a rethink. USD is ...

Dollar finds footing on U.S. economy as euro falters

CCP has been in charge of China since the Revolution in 1945. 45 years of misery followed and the creation of the poverty referred to followed by a new commitment to market oriented policies and openness to trade - for 30 years now. Many countries ...

Xi thanks Cuban leaders for congratulating China on complete victory in poverty alleviation

I like AUD/USD to above 0.90 for several reasons but most recently for the move away from democracy in USA. Global economic recovery will continue to work in favour of commodity currencies and AUD has been one of the weakest commodity currencies, ...

AUDUSD fades from 0.8000, ranges around 50-day SMA

I don't find it comforting enough to rely on fiscal expansion as a convincing argument for a continuing and reliable uptrend in USD. Like it or not as a trader or investor we cannot ignore the deterioration of politics in the USA which has been so ...

Relentless US Dollar Rally Continues as Yields Top 1.6%

RBNZ has always included the housing sector, and all other sectors, in its management of monetary policy in the context of overall macroeconomic settings and global conditions. Economies are a set of interlacing markets so you cannot aim at only one ...

NZD/USD: RBNZ housing remit sends New Zealand dollar surging

This article suffers from the assumption that the US economy is a closed economy. The US economy does indeed form a part of the global economy which is engaged in (still) the most open trade economy in world history embracing a world population of ...

Why Printing Money May Not Create Inflation

Typically these chain rattling articles focus on the wrong metrics though of course sharply rising debt levels are a worry for countries, for householders as we are, and for our kids. But twiddling with worry beads is not an answer when you can do a ...

Who Bought the $4.5 Trillion Added in One Year to the Incredibly Spiking US National Debt, Now...

The trading/investment world has entered a new phase because the USA as a country has entered a new phase of diminished influence and respect. We live in a world in which 'democracy' has become a word without the substance it once had with attendant ...

US Dollar in doldrums as recovery optimism thrives

Since there is no discussion of the impeachment trial in these pages I suggest that if you are not considering the most important factor in the determination of the direction of the US dollar then it is not logical to consider less important factors.

US Dollar Index fails to sustain gains as bears eye a move below $90

USD is a huge Buy in my view provided US Senate finds Trump guilty. USD will be an almighty Sell otherwise. There is no way of avoiding talking politics in these circumstances because the impeachment outcome will provide the best evidence we can get ...

USD support warns risk-rally

Key point to fix in your mind is that forex is just cash in different countries. The short term interest rate differential with other countries is a driver of forex rates but these days a very minor one. US politics are important to economic policy ...

While China's CBDC sets the pace, the yuan stumbles in usage abroad

As forex traders who are also mostly intelligent, hard working humans, we believe that the new administration is the more powerful force over market directions than the outgoing administration. At the margin working to gain confidence in future new ...

Pence will not invoke the 25th Amendment "I do not believe that such a course of action is in...