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.

MKM Tempers Expectations Ahead of Nvidia (NVDA) Q2 Results Today

GPU giant Nvidia (NASDAQ:NVDA) will be in the spotlight when it reports second-quarter results this afternoon once the bell tolls. MKM analyst Ruben …

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 out, the chart pattern is highly reminiscent of …

Bitcoin: A Fork in the Cryptographic Road

By Keith Weiner So bitcoin forked. You did not know this.

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 community know, the UK Chancellor of the Exchequer …

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 based on the “keep it simple” principle. The …

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 the Nasdaq composite indexes closed at record highs …

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 a number of people to mail in comments …

Direxion Shares Exchange Traded Fund Trust (JNUG): Gold vs. Bitcoin- A Game of Precious Metals Supply and Demand

By: Keith Weiner Bitcoin Mania The price of gold has been rising, but perhaps not enough to suit the hot money. Meanwhile, the …

Direxion Shares Exchange Traded Fund Trust (JNUG): The Gold-Silver Ratio Curiously Failed to Fall – Precious Metals Supply and Demand

By Keith Weiner Gold Scarcity Intensifies Further Last week (a holiday-shortened week, as Monday was President’s Day in the US), the price of …