Jesse Livermore was famous for making and losing several multi-million dollar fortunes during his professional career. In his early teens, Livermore went to Boston and started his long career in stock trading by posting stock quotes for the Paine Webber brokerage firm. He then began trading for himself and by the age of fifteen, he had reportedly produced gains of over $1,000, which was big money in those days.
Aug 20, 2018
Over the past 30 years, the technocrats in Beijing have attained an almost mythical status. Decade after two decades of rapid double digit growth has transformed China into the world’s second biggest economy, slashing poverty at the same time. Deng Xiaoping, transformed China from a poor, centrally planned, rural economy into the vibrant, export-oriented juggernaut that remains one of the world’s fastest-growing major economies.
But those golden days are now over. Beijing wanted to re-balance the Chinese economy, to make growth less…
When Turkish President Recep Tayyip Erdogan called for a presidential and parliamentary election June 24th — jumping the gun by more than a year—the outcome was foreordained. Erdogan has imprisoned a presidential candidate, and the election will be held essentially under martial law. There is virtually no independent media left in the country. Erdogan has loaded all the dice, marked every card, and rigged every roulette wheel, making sure a victory next month is guaranteed.
Two years ago, Erdogan accused Muslim cleric…
Listen to Gary Dorsch’s interview with the Financial Sense Radio Show, dated May 18th. Please Click on the Read More tab, located below, in order to listen.
