Clif Droke

Contributor since: 26 Feb 2010

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• Gold vs. Wall Street's Program Traders

  Published 04 November 2013 | viewed 0 times

  Gold ran into trouble last week after an encounter with its important 150-day (30-week) moving average. The 150-day MA, which is an important psychological resistance…

• Why You Don't Feel Richer After Four Years of Recovery

  Published 28 October 2013 | viewed 0 times

  Statistics can sometimes, as we all know, be very misleading. Take the unemployment report for example. If you examine the numbers out of context, you'd…

• Economic Sabotage In Vital Year 2014

  Published 25 October 2013 | viewed 0 times

  How expensive was the 16-day partial shutdown of the U.S. government? According to ratings agency Standard & Poor's, it may have cost the economy a…

• Oversold Gold Does The Trick, Bulls Get The Treat

  Published 23 October 2013 | viewed 0 times

  In what started as a depressing month for gold investors has turned positive with metals and mining stocks posting their best performances since August. Investors…

• Why The Fed Will Fail and The Cycles Prevail

  Published 19 October 2013 | viewed 0 times

  Despite its intent to boost asset prices and restore the economy, the Federal Reserve has run into a major obstacle in achieving that goal. This…

• The Jim Rogers View On Gold

  Published 17 October 2013 | viewed 0 times

  If October has held any surprises for anyone so far, it has to be the bears. While volatility has been in evidence, the crash that…

• Goldman Sachs Strikes Again

  Published 13 October 2013 | viewed 0 times

  Call it the revenge of the gold bears. Jeffrey Currie, the Goldman Sachs chief commodity analyst whose name inspires dread on all gold bugs who…

• Bad News And The October Outlook

  Published 03 October 2013 | viewed 0 times

  In recent commentaries we've discussed the likelihood of a broad market correction due to a series of divergences among the major averages. The divergence between…

• The Secret Ruler of The Federal Reserve

  Published 29 September 2013 | viewed 0 times

  In recent commentaries we've looked at the possible scenario for an October stock market correction. This scenario is based on Kress cycle "echo" considerations as…

• A Shake-Up For The Dow

  Published 22 September 2013 | viewed 0 times

  The Dow Jones Industrial Average is getting another makeover this week. On Sept. 20, the Dow 30 stock industrial index will replace three of its…

• Magazine Cover Indicator Rears Its Head

  Published 19 September 2013 | viewed 0 times

  Contrarians take note: The latest issue of Time magazine featured another one of those infamous bull market covers. The bull was displayed rather prominently on…

• The Silent Assassin Of The U.S. Economy

  Published 13 September 2013 | viewed 0 times

  When most people think about the biggest threats to the U.S. economy they usually mention things like the budget deficit, the national debt or the…

• Gold: An Attitude Adjustment For Institutional Banks

  Published 06 September 2013 | viewed 0 times

  The last couple of weeks have witnessed changing attitudes of large institutions concerning the gold price. A growing number of institutional analysts are become bullish…

• Gold and the Return of Global Turmoil

  Published 30 August 2013 | viewed 0 times

  The last several weeks have seen a return of all the ingredients for a gold rally, from an "oversold" technical condition which sparked a short-covering…

• War On the Horizon

  Published 26 August 2013 | viewed 0 times

  After two years of winding down the U.S. military's presence in Iraq and Afghanistan, the rumblings of war are being felt in Syria. Calls for…

• Fed Hits the Kill Switch

  Published 22 August 2013 | viewed 0 times

  On Wednesday the Fed released the minutes from its July 30-31 policy meeting. Minutes from the meeting showed that most members of the FOMC agreed…

• Tight Money Has Already Started

  Published 20 August 2013 | viewed 0 times

  Aside from the fact that the 10-Year Treasury Yield Index (TNX) is rising, one reason for the recent equity market sell-off is the uncertainty generated…

• The Great Non-Rotation

  Published 12 August 2013 | viewed 0 times

  The Investment Company Institute (ICI) estimated weekly net cash outflow from bond mutual funds of $13.5 billion during the week of June 12. This followed…

• Why QE Hasn't Stimulated the Economy

  Published 01 August 2013 | viewed 0 times

  After the Fed's latest 2-day policy meeting it announced on Wednesday that it would continue its $85 billion per month asset purchase program. The major…

• Will Stocks Ignore the Long-Term Kress Cycle?

  Published 25 July 2013 | viewed 0 times

  Frequently I receive emails from clients who ask variations on the theme of the QE-driven stock market in light of the long-term Kress cycles. For…