Gold •142 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 975.10 | +4.60 | +0.47% | |
WTI Crude •10 hours | 71.24 | +1.14 | +1.63% | |
Gasoline •10 hours | 2.061 | +0.002 | +0.10% | |
Ethanol •142 days | 2.161 | +0.000 | +0.00% | |
Silver •142 days | 30.82 | +1.16 | +3.92% |
Silver • 142 days | 30.82 | +1.16 | +3.92% | ||
Copper • 142 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 9 hours | 75.17 | +0.94 | +1.27% | ||
Natural Gas • 10 hours | 3.129 | -0.210 | -6.29% | ||
Heating Oil • 10 hours | 2.275 | +0.001 | +0.02% |
Contributor since: 24 Mar 2010
GoldScents is a financial blog focused on the analysis of the stock market and the secular gold bull market. Subscriptions to the premium service includes a daily and weekend market update emailed to subscribers.
Since the breakdown out of the bear flag on the dollar index hasn't followed through, the odds now favor that the dollar has generated an…
It's been a great run over the last two months but it may be time to tighten stops on mining stocks. You can see in…
I was confident that the Fed had already begun printing. That seemed quite evident by the overall action in the commodity markets, the dollar, and…
According to recent statements by Bernanke, the Fed stands ready to act with further easing of monetary policy (QE3) if economic conditions warrant it. But…
This will be a quick post today discussing what I expect over the next 2 years, and the inter-market relationship between the currency markets, CRB…
Well, it's that time again. Every two years our senses are assaulted as politicians spew an endless stream of nonsense in the attempt to garner…
In last week's article "Three Weeks Left" I outlined a brief synopsis of what I was expecting based on how the daily cycles were unfolding.…
3 weeks, that's how long the bulls have left before stocks roll over and begin the next intermediate degree decline. That being said, the next…
Is it a bear market, or is it a bull market, that is the question. On one hand Europe is obviously in a recession. China…
I think it's clear by the action in the dollar index this morning and the response by risk assets in general, that the bottom I…
June has been the month of major bottoms. Stocks and gold have already formed major yearly cycle lows. Now it's the CRB's turn to put…
The following article is a reproduction of the weekend report published on June 2 for premium newsletter subscribers. Stocks: With Friday's employment report a…
Once every year gold and stocks form a major yearly cycle low. Commodities form a major cycle bottom every 2 1/2 to 3 years. Every…
I am making Monday's premium report available to the public. I doubt anyone was surprised by the reversal in the dollar index today. Larger Image…
It may not seem like much happened yesterday, but a very important event occurred. Yesterday the dollar index breached 78.65. The reason that is significant…
Over the last several days volatility in the gold market has collapsed forming what is known as a coil. I think the Fed announcement tomorrow…
The last bull ended when the leading stock, GOOG, entered a parabolic "bubble" phase. That was the signal that the bull had reached the euphoria…
As convincing as this rally has been I am confident this is an ending phase and not the start a new secular bull market. Actually…
In response to a bursting real estate and credit bubble in 2007 Bernanke's solution was to crank up the printing press and flood the world…
Today is a classic example of why I have been warning traders not to push the long side of the stock market. When these creeper…