decaff?

Eliot was right about April.

Huh? Gold up $23 on Crimean War, version 2.0.

Yes agree. After the war is over and all is settled perhaps then gold will no longer be so attractive as a safe haven.

Then the Asian War of China Sea or Taiwanese Independence come next. Gold looks cheap here.

It's far to early to tell, but one can even make a case that this will negatively impact upon the European Union. Because the voters will elect European Parliament this spring. 

The Swiss only this past month may have been the first national vote that openly defied the EU, but they will likely not be the last.

The problem for the EU is that Euro-skeptic parties, like the UKIP, are gaining support everywhere.

Ukraine may soon show that the EU cannot deliver on its primary reason for existence, which is a Europe free from the horrors of war. 

Putin does not trade at all. He makes his money the old fashioned way. He steals it!

Somehow that sounds like an old tagline from a TV commercial in the long ago past.

Bravo Matt on paint dry system.

A shame these transcripts are held for five years. it would be interesting indeed.

Well. The S-fund is the opposite of the G-fund. That's clear.

" The Dow Jones Total Stock Market Index family is a clear, comprehensive mirror to the global equity market. Anchored by the Dow Jones Global Total Stock Market Index, the Dow Jones Total Stock Market Index family includes more than 12,000 securities from 77 countries—providing near-exhaustive coverage of both developed and emerging markets. As its U.S. component, the family features the Dow Jones U.S. Total Stock Market Index, which comprises all U.S. equity securities with readily available prices."

Exposure to all possible risks everywhere, except for Martian Green Creatures invasion ~ versus, just as you quoted,  "Interest Income with out risk of loss of principal." ~ What is the rate of "interest income"?

Sounds like a good time for a great movie quote, " Do you feel  lucky ,  punk ? "   Clint Eastwood,  Dirty Harry (1971)

Is 1837 a Fib-number or something? This level is quite the value magnet!

Having enjoyed and benefited from the many tutorial concepts, Matt & Steve are real enough.

Yet the great majority of Facebook 'likes' are fake, harvested from emerging market, sweatshops called "click-farms." Yes, really! 

Fake like a Worldcom earnings report or HealthSouth, Enron, et al.

They got ready for the caper with lots of Coffee. Wow!

Well, both two and five are Fibonacci numbers.

But to get this really going, we need more than just lousy economic numbers.

No, someone will have to really crap the bed to kick off this one.

China debt default, Euro loses a member or kicks one out for defaulting.

Then the next war might get started. The interesting thing is, this will very likely involve two or more opposing forces armed with deliverable nuclear weapons.

If that were to develop, then a new paradigm of crisis.

Illinois Frailey and the Search for the Holy Grail! 

Is that ATR download in/for Ninja, TS, or other please?

Hey Matt or Steve. Is the Turkish interest hike to thank for ES going up?

If yes, how did that work? I know not US and somewhat geeky economic question. Thanks to anyone who can answer credibly!

APPL tryin' to hold $500. Gettin kilt. Ouch.

More downside to come, with tech-heavy Nasdaq and NDX to drop hard.

Wow. That's brave. But if/when vol drops, then can buy back to close. Nice!

Spreads can strictly control the risk versus reward ratio. If they are kept very tight.

Thus, if one (making up all of this from thin air) sells a SPY175 put and buys a SPY174 put for a net credit of, oh $0.50 per spread, then the risk reward ratio is exactly 2:1 [Gain $0.50 or lose $1.00]

Of course one might multiply that '2' by one's perceived probability that the price of SPY will be under $175 near the expiration date. Thus, assume 67% probability and the new deal is 1.34:1. Not a bad wager, if one has checked the charts and feels this makes sense.

It is rare (yet not unheard of) for options with lots of premium remaining to be exercised, as this is a loss to the (former) holder of the premium.

Periods of high volatility are a good time to sell premium, not buy it.

So anything that is a credit works to capture profits (vega is the term, I think). If someone confirms or corrects this, then thanks!

Selling a put is functionally the equivalent of a covered call, which is obviously selling premium.

Thus a put-sell is a means to own at lower price and profit from both vega and theta.

Cheers!

I see an inverted H & S pattern, with the left shoulder in 09/2010 and the right in 08/2013.

Your target is not extravagant, although the scenario might benefit from some disruption of supply or a pipeline accident, and so on.

If it does hit your target, then a short for spring timeframe. A nice chart. Thanks!

Clearly the long-restriction is working well as intended. Bravo!

Recently I have read offhand references to a different gold purity standard/requirements for "good delivery" in the NYC and London gold vaults/warehouses versus the ddelivery standard in China (Shanghai).

Does anyone know the details? What are the purity requirements for each location please & thanks?