Trader Dan's Market Views: 03/16/12

“Woe to the land whose king is a child and whose leaders are already drunk in the morning. Happy the land whose king is a nobleman, and whose leaders work hard before they feast and drink, and then only to strengthen themselves for the tasks ahead”. (Eccl 10: 16-17)

"When misguided public opinion honors what is despicable and despises what is honorable, punishes virtue and rewards vice, encourages what is harmful and discourages what is useful, applauds falsehood and smothers truth under indifference or insult, a nation turns its back on progress and can be restored only by the terrible lessons of catastrophe." … Frederic Bastiat

In every stage of these Oppressions We have Petitioned for Redress in the most humble terms: Our repeated Petitions have been answered only by repeated injury. A Prince whose character is thus marked by every act which may define a Tyrant, is unfit to be the ruler of a free people. Source – The Declaration of Independence

Friday, March 16, 2012

Trader Dan visits Turdland at the TF Metals Report Site

Yesterday my pal, Turd Ferguson, the owner and proprietor of TF Metals Report site, was gracious enough to do one of his now famous podcast interviews, with yours truly as his latest victim ( excuse me - that was a typo Turd - I was supposed to write 'guest' :o) ).

Seriously - the interview was a lot of fun for me personally but more importantly, we both hope it is helpful to those who are perhaps interested in some of the pitfalls that would-be traders face as they attempt to navigate through today's wildly volatile markets.

We covered quite a bit of ground about trading in general as well as sharing some personal thoughts about the problems facing the United States as we move forward into the future.

Stop by Turd's site and check out the interview when you can or click on the following link which will take you directly there.

http://www.tfmetalsreport.com/podcast/3537/tfmr-podcast-15-trader-dan-norcini