Gold •142 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 975.10 | +4.60 | +0.47% | |
WTI Crude •12 hours | 71.24 | +1.14 | +1.63% | |
Gasoline •12 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 • 11 hours | 75.17 | +0.94 | +1.27% | ||
Natural Gas • 12 hours | 3.129 | -0.210 | -6.29% | ||
Heating Oil • 12 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.
Humans, for whatever reason, tend to project the past into the future. It is an emotional flaw in our genetic makeup. It is also the…
Sometime between early February and early April the market should drop down into a major yearly cycle low. Last year that cycle low came during…
It's almost impossible to find anyone who is long term bearish on the stock market or economy at this time. In the recent Barron's poll…
I've noted before that at intermediate turning points we will usually see breadth diverge from price. The McClellan oscillator is now showing a large negative…
Many years from now when we look back at history I think yesterday will be seen as one of the greatest blunders ever made by…
Lately I've been seeing quite a few analysts calling for a top in gold. I have to say these analysts don't really understand what's happening.…
It's been my position for a while that Bernanke's monetary policy would eventually create a currency crisis in the world's reserve currency. I warned that…
Every time I hear a politician or economist call for more stimuli to create jobs I just shake my head and wonder, do these people…
Lately we've been hearing a lot of talk about Kondratieff cycles, Elliot Wave super cycle, end of the world, deflation, deflation, deflation. What the deflationists…
The better than expected GDP numbers threw a slight monkey wrench in the trading plan (for you traders out there). I was expecting a gap…
Stocks: The move to a lower low on Friday puts the odds squarely in the "one more leg down" camp. I've noticed a couple of…
Stocks: I expect, barring some kind a catastrophe, next week should be another good week for the market. The recent minor pullback has worked off…
I want to discuss something that came up on the blog Friday. An anonymous poster hinted that we were going to see more gold weakness…
Just like the stock market, gold runs in cycles (all markets do because the humans that trade these markets go through periods of optimism and…
In my last article Bear's Beware I warned that shorts were running the risk of getting caught in an explosive rally as the intermediate cycle…
I'm going to go through some signs that rabid bears might do well to pay attention to because I think the market is very close…
It's sad to say but I'm afraid 90/95% of all retail traders/investors are not going to successfully ride the gold bull. The reason of course…
I have to wonder, are we entering the ending phase of this cyclical bull? For some time now I've noticed the similarities between the '02-'07…
Let me start off by pointing out that we did indeed break below the yearly cycle low yesterday. I've been saying for a couple of…
I know this is hard to do, especially when one is weathering draw downs. And of course a liberal dose of gloating from the bears…