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Markets / Other

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Wednesday Report...Precious Metals Stocks Ten Week Counter Trend Rally...Up Close and Personal

Sep 12, 2013 at 09:15

Tonight I would like to show you some charts of what this nearly 10 week counter trend rally looks like compared to this downtrend that has been in place since…

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AFL-CIO Lays Out 'Laundry List' of Formal Complaints Regarding Obamacare; The Bright Side of Obamacare

Sep 12, 2013 at 07:39

On February 19, I wrote Opting Out of Obamacare (the Unaffordable Health Care Act); Not Even Labor Unions Want It. The issue has now come to a head as the…

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The Rundown on Runaway Inflation in One Chart

Sep 12, 2013 at 07:38

Famed radio broadcaster Earl Nightingale, who was the voice of Sky King on the radio and later went on to become a motivational speaker, described what he believed to be…

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EUR/USD: Pushing Higher

Sep 12, 2013 at 06:59

EUR/USD continues to rise, breaking the resistance at 1.3281 (see also the declining trendline). Next resistances can be found at 1.3345 (intraday high) and 1.3410 (23/08/2013 high). Hourly supports are…

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Can Emerging Markets Give Bulls New Life?

Sep 11, 2013 at 16:10

The best investments have positive technicals and positive fundamentals. How long the emerging trend in the China ETF (FXI) lasts will be highly dependent on the ongoing fundamental data coming…

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Druckenmiller to BTV: Gov't Must Address Entitlement; Fed Exit Would Be A Big Deal For Markets

Sep 11, 2013 at 13:20

Hedge fund icon and former Chairman, President and CIO of Duquesne Capital, Stan Druckenmiller joined Bloomberg Television's Stephanie Ruhle and Erik Schatzker on "Market Makers" for a full hour and…

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Gold Price in India: Stronger Rupee Pushed Gold Lower

Sep 11, 2013 at 12:26

Yesterday, the Indian rupee rose to a two-week high as expectations for a narrower trade deficit and receding concerns about Syria helped the currency continue its recent recovery from record…

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Apple Cider

Sep 11, 2013 at 11:57

Apple's short-term precarious structure found a near-term catalyst yesterday as Tim Cook unveiled the latest iPhone device to overstretched sentiment and momentum.

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Sheila Bair to BTV: Banks Have Way Too Much Leverage

Sep 11, 2013 at 11:34

Former FDIC chairman Sheila Bair joined Bloomberg Television’s Trish Reagan and Mike McKee on “In the Loop with Betty Liu” and said excess leverage at banks is the number one…

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GOLD Elliott Wave Technical Analysis

Sep 11, 2013 at 10:15

Yesterday's analysis expected some downwards movement, but not as much as we got. The target was 1,394, but price fell through this and invalidated the hourly wave count. Price remains…

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