Thursday January 31 2013
I am off to an academic seminar on accounting to morrow in Austin, that day job thing so a quick comment is in order. The Dollar continues to weaken, and as noted this weekend TLT has fallen below all its daily moving averages. Both these things are necessary to get gold prices moving higher.
The bullish percent gold miner chart I showed this morning continues to suggest it is sniffing for a bottom. We are closer and closer toa break down in bonds and the dollar.Once all this happens and the miners rebound this will be perfectly clear to everyone in the media.
Socionomics - Women Assume More Leadership Roles
Picking up where Bob loeaves off below, the Aemrican version of Margaret Thatcher has yet to emerge. To grasp what Imean read Statecraft, Thatcher's own workbook on what a Prime Minister should be and how effective foreign policy is crafted. Her grasp of history and real personalities is impressive as is her no nonsense style. This does not describe Sarah Palin or Michelle Bachman or counterparts on the left like Feinstein or Boxer. All these are echoes, not the real thing. As the Replubilcans look for their next Ronald Reagan (Joan of Arc), could it be that a woman might emerge in that role, I don't see her yet....
Bob Precther made these observations in the November 2012 EWT
OTHER RESULTS: WOMEN IN OFFICE, MARIJUANA, GAY MARRIAGE
“Popular Culture and the Stock Market” (1985) and subsequent socionomic publications have noted that the public influence of women tends to rise in bear markets. In 2013, a record 20 senators, one in five, will be women. Industry is also in sync:
For the first time in its history, Microsoft’s Windows unit won’t be headed by a man. Microsoft tapped Tami Reller, the chief financial officer and head of marketing for Windows, to run business operations for the division, while Microsoft veteran Julie Larson-Green will take over responsibility for the technical features and product blueprints for Windows software and hardware…. The expanded role for the pair also caps a prominent past year for women in technology leadership roles. Women like Hewlett-Packard CEO Meg Whitman, new Yahoo Inc. CEO Marissa Mayer and Facebook Inc. Chief Operating Officer Sheryl Sandberg have played key leadership roles in their companies in the last year. (WSJ, 11/14)
With this trend gaining steam, look for at least one political party to nominate a woman for president in 2016.
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