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Article Archive | Page 3407

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Euro Holds Gains Despite Bernanke's Bullish Comments

Aug 22, 2009 at 00:00

The EUR USD managed to hold on to its overnight gains despite bullish comments from Fed Chairman Bernanke that boosted the U.S. Dollar. Early in today's trading session the Euro…

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Strong Uptrend Continues...Testing the 70 Week MA on the SP 500...

Aug 22, 2009 at 00:00

Market Overview: Solid advance off our March lows continued this week but the market did hesitate some late week at our important 1026 70 MA on the SP 500 (see…

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This Time Is Different (In Reverse)

Aug 22, 2009 at 00:00

In past articles to explain the price action, I have defined the "this time is different" scenario. For example, at market tops we typically see negative divergences between prices…

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The Depressed U.S. Consumer and Global Reflation

Aug 21, 2009 at 00:00

For the week, the S&P500 gained 2.2% (up 13.6% y-t-d), and the Dow rose 2.0% (up 8.3% y-t-d). The Banks jumped 2.8% (up 6.3%), and the Broker/Dealers added 1.2% (up…

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Want Out of Dollars? Gold vs. the Euro

Aug 21, 2009 at 00:00

Correlations come and go, but the path of Euros and gold rarely diverge vs. the Dollar... "The DOLLAR is not a good store of value," says Nobel prize-winner Joseph Stiglitz,…

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Big Autumn Silver Rally

Aug 21, 2009 at 00:00

Silver's fundamentals offer plenty of reasons to be bullish in the coming years. Relentlessly growing global investment demand coupled with reduced production is a recipe for much higher prices. With…

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Why a new Central Bank Gold Agreement When, Little to No Gold Will be Sold?

Aug 21, 2009 at 00:00

This is a snippet from a recent issue of the Gold Forecaster with Subscriber-only parts excluded. In the week when a new Agreement by European central banks regarding gold…

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Dough for Dumps?

Aug 21, 2009 at 00:00

After having given away billions faster than even the optimists had anticipated, it was announced today that the federal government's "Cash for Clunkers" program is coming to an early end.…

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Global Recession Close To An End - Speculation Reignites

Aug 21, 2009 at 00:00

The U.S. Dollar is trading lower this morning following a turnaround in last night's trading session after the release of better than expected data out of Europe. Early in last…