Pater Tenebrarum

About the Author Pater Tenebrarum

I'm an independent analyst and have been involved with financial markets for 31 years. I write economic and market analyses for independent research organizations and a European hedge fund consultancy. I'm the main author of the blog 'Acting Man', which presents articles on the markets and the economy, a mixture of commentary on current events as well as economic theory and history from an Austrian school of economics viewpoint.

S&P 500: How Bad Can It Get?

SPX, quo vadis? considering the crash potential.

Here’s Why Bitcoin Has No Yield

By Keith Weiner   The mad-cap rally in bitcoin has continued – as we recently pointed …

Bitcoin: A Fork in the Cryptographic Road

By Keith Weiner So bitcoin forked. You did not know this. Well, if you’re saving in …

Direxion Shares Exchange Traded Fund Trust (JNUG): The Anatomy of Brown’s Gold Bottom

By Keith Weiner The Socialist Politician-Bureaucrat with the Worst Timing Ever As most in the gold …

Direxion Shares Exchange Traded Fund Trust (JNUG): Gold Is Regaining Some Ground, but Very Slowly

We recently (on Thursday last week to be precise) put together a few gold-related charts …

Direxion Shares Exchange Traded Fund Trust (JNUG): What Is the Buffet Indicator Saying About Gold?

By Helder Mello Guimares Chugging along in Nosebleed Territory Last Friday, both the S&P 500 and …

Direxion Shares Exchange Traded Fund Trust (JNUG): Strange Moves in Gold, Federal Reserve Policy and Fundamentals

Counterintuitive Moves Something odd happened late in the day in Wednesday’s trading session, which prompted …

Direxion Shares Exchange Traded Fund Trust (JNUG): Gold Ready to Spring Another Surprise

Sentiment Extremes Below is an update of a number of interesting data points related to …