Richest Countries in the World

Wealth has besotted people since time immemorial. It’s accrued, amassed, hidden, stolen and we would even die sometimes for it, or at least knock someone off more than likely to get what they have. Wealth: the abundance of valuable assets and material possessions, the mainstay today of our consumer societies. Wealth became a target when…

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Imagine the scenario. You drive to work this morning and you spend all day slogging away at the office, with sweltering temperatures of 50° C to boot. The only bonus that you have is that you are grinding away in luxurious surroundings. But, when it comes to leaving, the doors are locked, bolted and barred.…

US Banks on Swiss: RIP

The Buffets and the Gates of the US will be shedding a few tears this week as the United States and Switzerland have reached an agreement that brings the status of the latter as a tax haven for Americans (or will they?). No more hiding their cash away in Swiss banks. No more tax avoidance…

Fat Fingers: Everbright

Fingers have two things which are common to them all over the world, wherever we come from. They are all different, which at least is one thing in common. Then they are prone to being fat and clumsy whether that be from New York to Hong Kong; especially in the financial world. There was one…

Head & Shoulders Top

The Head & Shoulders Top is a powerful reversal price pattern seen in all markets, instruments, time frames, & price ranges. It presents with the immediate background environment as bullish with up-trending price action. The Head & Shoulders Top represents a basing period with multiple failed attempts by buyers to break through an area of resistance. This can be…

Head & Shoulders Bottom (Inverted)

The Head & Shoulders Bottom (Inverted) is a powerful reversal price pattern seen in all markets, instruments, time frames, & price ranges. It presents with the immediate background environment as bearish with down-trending price action. The Head & Shoulders Bottom represents a basing period with multiple failed attempts by sellers to break through an area…