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Thursday, February 9, 2017

goldbug post


I guess goldbugs should feel positive about the fact that the big boys seem to want to constantly run stops on miners and the metals.

See, for example, the action after precisely 1PM Wednesday.

Personally, I'm watching SAND and BTG, because those stocks are heavily held in the ETFs, so if there's major ETF buying of miners you'll see massive moves in those two stocks. Kinda like what Dundee Precious Metals used to do years ago.

Wednesday, February 8, 2017

Dooooom


How the hell are you supposed to prove that the orthonormal subspace of an orthonormal subspace is that orthonormal subspace?

With that out of the way, here's a bit of dooooomery from New Deal Demoncrat:


NDD - JOLTS survey continues to unimpress. New hires have been going nowhere. But won't Trump change everything?

NDD - Gasoline prices and inflation. The pop in fuel prices means real wages have now stalled. But won't President Piddles The Pooty Puppet change everything?

Interesting Brexit article


My cat has an infected wound. I have an algebra midterm today. And I have a polisci essay proposal due tomorrow (which will be based on Philip Mirowski's study of the Mont Pelerin Society, if you must know).

Then a Financial Econ quiz for this weekend, an Econometrics assignment due next Wed, and midterms next week in Advanced Macro, Economic Geography, and Financial Econ.

And probably other stuff. So, as you can see, I'm busy.

But here's an interesting study that was done on Brexit vote patterns:


BBC - local voting figures shine new light on EU referendum. The regressions show that, by and large, the vote against the EU was indeed swung by the lower-educated and older voters who have been on the losing end of globalization.