I went into a big crazy explanation of what I thought the psychology was behind a “cup and handle” and then later in the same post, why an “inverted cup and handle” went through some of the same psychology, only in reverse. In case you don’t want to follow the link to see what I’m talking [Continue]

Ok. Since I don’t get out like I used to and take fotos of the city, AND people seem to enjoy my pictures of Montevideo a lot more than my endless rambling about how the sky is falling, I have found some nice pictures for you. I’m not sure who took these, or who this blog belongs [Continue]

Well, since Golden Lotus and I have moved through the one year in Uruguay mark, we had a chance for some reflection. When we first moved to Montevideo without knowing anyone, or having every been to South America it was a pretty big leap. When Golden Lotus started questioning the move a few weeks before [Continue]

Is Uruguay A “Paraiso Fiscal”? Admittedly, even though I studied a little bit of Spanish before I arrived in Uruguay, I’d never heard this term before I got here. Paraisos Fiscales basically translates as “fiscal paradises” — or a more direct translation is “tax havens”. To be considered a paraiso [Continue]

In a semi-amusing story that ran here locally the gov’t run casino (or at least if they don’t run it, they limit the competition for a generous piece) actually reported a loss last year. I was explaining to a co-worker that I started an online casino back in the 90’s and that it is about a [Continue]

…..be very, very, afraid… Today, the Fed dropped the short term rates by 1/2 a percent. Hooray!!! housing will be saved!!! er, not so fast. As I remember, my home equity line (back when I had a house) was based off of LIBOR. LIBOR is some fancy acroynm for interbanking lending rate. The reason the lenders insist [Continue]

Well, as my three loyal readers ‘may’ (har har) remember I posted about the general malaise that u308, gold, silver, and the mining stocks of all three seem to suffer from through the summer months. uranium juniors, gold juniors (and majors), and silver stocks have been HAMMERED this summer. then, almost on queue, the big money got [Continue]

As some of you may have surmised by now, my day job involves doing some work for “up and coming” Offshore Banking Services industry here in Montevideo, Uruguay. How do you make something as boring as “banking” sound sexy? Easy, just add in a dash of “offshore”…. Viola! Now you are dealing with arms [Continue]

….we’ll see, huh? The article below is a translation as it ran in Uruguay Daily News today. It’s amazing that they never think, “hey stop creating money faster than people create goods and services” is a solution… Government Announces 7 Measures Against Inflation Uruguay News Yesterday, at a meeting between [Continue]

UruguayGuy.com Ok….I swear it isn’t a gay porn site….Although that idea has a lot more promise of profitability. UruguayGuy.com will eventually be a site that has some relatively useful stuff and links to information for “foreigners”, visitors, expats, coming to Uruguay. In the beginning I’m going to focus on [Continue]