In our last article (A Minsky Moment is coming for gold) we presented the “Minsky Moment”, referring to a point in time when a period of bullish speculation leads to a spectacular market crash. Named after economist Hyman Minsky, the theory centers around the inherent...
Investors fail to grasp that currencies don’t go to zero, and they don’t go through the roof. Jim explains more, including foreign currency intervention… One of the crucial insights in currency trading that many investors fail to grasp is that currencies don’t go to...