The US Marshals Service (USMS) received more than two dozen bids for 50,000 Bitcoin seized during the FBI’s raid on Silk Road wallets. Lynzey Donahue, a spokesperson of USMS, revealed that that government received 27 bids from a total of 11 bidders. The winning bids will be announced today...
Currency
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6 December 2014, 18:11 #bitcoin
Josh McCleary, co-founder of SilverSaver.com, took some time to talk with us about how to diversify into physical gold and silver, and the benefits of doing so. Why should people choose gold or silver as opposed to other investment options...
Metals
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5 December 2014, 15:11
Recently, government officials from the Netherlands, Germany, and France have gained attention for expressing interest in repatriating their gold. What does this mean, and what consequences might it have for the precious metals market...
Metals
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5 December 2014, 09:11 #gold
As a major reversal pattern, the Head and Shoulders Bottom forms after a downtrend, and its completion marks a change in trend. The pattern contains three successive troughs with the middle trough (head) being the deepest and the two outside troughs (shoulders) being shallower...
Trading Ideas
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30 November 2014, 21:11 #chart patterns
A Head and Shoulders reversal pattern forms after an uptrend, and its completion marks a trend reversal. The pattern contains three successive peaks with the middle peak (head) being the highest and the two outside peaks (shoulders) being low and roughly equal...
Trading Ideas
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29 November 2014, 21:11 #chart patterns
Most consider the father of technical analysis to be Charles Dow, the founder of Dow Jones and Company which publishes the Wall Street Journal. Around 1900 he wrote a series of papers which looked at the way prices of the Dow Jones Industrial Average and the Dow Jones Transportation Index moved...
Market News
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26 November 2014, 15:11
The Complete TurtleTrader: How 23 Novice Investors Became Overnight Millionaires by Michael W. Covel What happens when ordinary people are taught a system to make extraordinary money? Richard Dennis made a fortune on Wall Street by investing according to a few simple rules...
Trading Systems
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25 November 2014, 21:11 #Wall Street
The New Zealand Dollar may have resumed the down trend against its US namesake after prices violated the series of higher highs and higher lows set from early November. A daily close below the 14.6% Fibonacci expansion at 0.7802 exposes the 0.7682-96 area marked by the July 2013 bottom and the 23...
Trading Ideas
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24 November 2014, 21:11 #technical analysis
Chinese e-commerce giant Alibaba Group has raised $8 billion in its first-ever bond offering, Bloomberg reported on Thursday evening. Alibaba received $57 billion in orders for the six-part bond offering, which will be used used to refinance the company’s existing credit facilities...
Market News
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23 November 2014, 21:11
After rallying from 320 to 453, the Bitcoin price retreated last week to the month’s low at 351, after breaking through a number of key supporting levels...
Currency
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23 November 2014, 09:11 #bitcoin