Ray Steve / Blog
Since entering the financial markets in 1969, Martin J. Pring has become a leader in the global investor community. He is the chairman of a conservative money management firm, Pring Turner Capital...
The IMF’s latest international gold reserves data, updated yesterday, shows that in July, Russia raised its official gold reserves to 35.5 million ounces (1,104 tonnes...
India's economy grew faster-than-expected in the three months to June and at the strongest pace in two years, preliminary figures from the Central Statistics Office revealed Friday. Gross domestic product grew 5.7 percent in the April to June quarter, which exceeded economists' forecast for 5...
After many years of trading, you’ll be hard pressed to find an indicator as simple or effective as moving averages. Moving averages take a fixed set of data and give you an average price. If the average is moving higher, price is in an uptrend on at least one or possibly multiple time-frames...
One of the most popular currency trading strategies in recent history, the carry trade has been successfully used by traders for years. With recent market conditions, this very popular strategy is beginning to look like a losing proposition...
“Of note is a weekly outside reversal and weekly RSI rolling over from above 70 this week. Prior instances of RSI rolling over (2004, 2006, and 2007) from above 70 indicated tops of at least several months.” GBPUSD has traded back to the year open (1.6565). 1.6565 to the March low (1...
Martin is definitely the most unusual trader. It's not so much his background. Though he did get to work for a while for Sir James Goldsmith, the billionaire corporate raider who was feared in corporate boardrooms on both sides of the Atlantic during the eighties...
EURGBP Technical Strategy: Flat Support: 0.7973, 0.7954, 0.7935 Resistance:0.8007, 0.8031, 0.8050 The Euro began edging higher against the British Pound as expected after prices produced in a bullish Morning Star candlestick pattern. A pullback now sees prices testing support at 0...
Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) is sitting on $50 billion which is a lot of cash to say the least. That money pile could buy a lot of businesses. He could go out and purchase a few really good companies, outright. But he's not buying much of anything...