| Gold •586 days | 2,368.70 | +35.30 | +1.51% | |
| Platinum •14 mins | 2,095.70 | -20.80 | -0.98% | |
| WTI Crude •11 mins | 64.46 | +0.10 | +0.16% | |
| Gasoline •11 mins | 1.980 | -0.005 | -0.26% | |
| Ethanol •586 days | 2.161 | +0.000 | +0.00% | |
| Silver •586 days | 30.82 | +1.16 | +3.92% |
| Silver • 586 days | 30.82 | +1.16 | +3.92% | ||
| Copper • 586 days | 4.530 | +0.111 | +2.51% | ||
| Brent Crude • 11 mins | 69.26 | +0.22 | +0.32% | ||
| Natural Gas • 11 mins | 3.147 | +0.009 | +0.29% | ||
| Heating Oil • 11 mins | 2.399 | -0.018 | -0.76% |
But after nearly 4 1/2 years of being quite bullish, I am now looking at data that suggest I should view things somewhat differently. I have already alluded to the…
Another of history's many lessons is that governments under pressure become thieves. And today's governments are under a lot of pressure. Before we look at the coming wave of asset…
Last week's rally was actually expected by us, as we were looking for wave 4 of the ending diagonal idea, however the strength was something that did surprise me, although…
Last week was volatile with most prices ending higher, however, the breadth indicators deteriorated. The Fed has been propping up the financial markets with $85B a month, but, like the…
It is difficult to trade in current market conditions because the market is only driven by the political newsflow (Fed's decisions, Bernanke's testimony, Draghi's declaration, Obama, Boehner, Merkel, ...). In…
The VIX system, which alerted us to a 100+ SPX points drop two weeks ago gave a long signal capturing a 30 point move to the upside ...
On Friday morning, gold trading was shut down for 10 seconds in a "stop logic" event, as the CME explains. In essence, when there is an overload of orders that…
Summary: Long term - on major sell signal since Mar 2012. Short term - on sell signals. Gold sector cycle - down as of 9/13.
Six days and counting. The markets have already discounted a deal.
There's no denying that precious metals are falling even as the US debt-limit deadline draws so near, you can see that it's wearing a wig.