"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •672 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 2,099.00 | +36.40 | +1.76% |
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WTI Crude •1 day | 89.83 | -12.44 | -12.16% |
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Gasoline •1 day | 3.324 | -0.297 | -8.20% |
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Ethanol •672 days | 2.161 | +0.000 | +0.00% |
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Silver •672 days | 30.82 | +1.16 | +3.92% |
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Silver • 672 days | 30.82 | +1.16 | +3.92% | |
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Copper • 672 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 98.33 | -11.54 | -10.50% | |
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Natural Gas • 1 day | 2.720 | -0.068 | -2.44% | |
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Heating Oil • 1 day | 3.612 | -0.418 | -10.38% |
Markets / Other
EUR/USD: Strong Resistances Near
EUR/USD moved higher yesterday. It is now close to the high of its rising wedge (a bearish technical pattern) but also to its down trendline. Note also the strong horizontal…
Weekend Update Part II
The CRB, a basket of commodities, has been declining in Gold terms over the last few years. We have been trading below its March 2009 low for quite some time…
Who Do You Blame for the Woes of the Middle-Class?
The Pew Research center ponders The Lost Decade of the Middle Class.
Investor Sentiment: When Is The Big Question
Last week I stated that a close below 1407.75 on the SP500 would be a double top, and with the SP500 closing at 1406.58, we have our signal. A weekly…
Weekly Technical Analysis
The internal structure of the pattern from the June lows is clearly corrective hence it is suggesting that price is involved in a countertrend move. This move can be counted…
SP500 Index: Make It or Break It?
Ben Bernanke is anticipating another round of measures to support the economy. These could help stocks and gold until the year's end. The U.S. dollar should instead contract. However, failure…
The State of the Trend
Three weeks ago we posted our upside targets for this year. And little has changed since then to alter our outlook. Expectations for a new round of stimulus from the…
Fractal Gold Review and Update
The Fractal Gold chart work is a direct comparison of Gold, today, to the late 70's Gold Parabola. Thus, "timing" is taken directly from the late 70's cycle, with price…
Fractal Silver Update: 08-31-12
The Fractal Silver Chart from the late 70's is a bit different than today, mostly due to the effect that the deflationary psychology of the current period has had on…
The Consumer Has In Fact Changed
The consumer represents 70% of total economic output. So as the bond market is to the capital market, so is the consumer to the economy. When the consumer sneezes, the…
