As speculators, we have to trade price not value.

James Mound reviews futures and commodities in his weekly report for the week of June 21.

The economy is recovering -- at least, that’s what everyone says. So why is gold hitting a record high? Something must be wrong.

Lawrence G. McMillan reviews the options market in his weekly column for June 18.

The big debate is between those who think the authorities are being too tight and those who think they are being too loose.

On the one side, the pols are pressured to cut deficits. On the other, they are pushed to create jobs.

There is always a way to make money. When prices were rising, unscrupulous speculators made money by pretending houses were worth more than they really were. Now they make money by pretending they’re worth less than they really are.

May was important, because the major stimulus efforts are coming to an end. Economists wanted to see how the economy would hold up without the government holding it up.

A properly functioning market economy gives people neither what they want nor what they expect, but what they deserve.