Gold •136 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 945.10 | +1.10 | +0.12% | |
WTI Crude •1 day | 67.02 | -1.68 | -2.45% | |
Gasoline •1 day | 1.949 | -0.032 | -1.63% | |
Ethanol •136 days | 2.161 | +0.000 | +0.00% | |
Silver •136 days | 30.82 | +1.16 | +3.92% |
Silver • 136 days | 30.82 | +1.16 | +3.92% | ||
Copper • 136 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 1 day | 71.04 | -1.52 | -2.09% | ||
Natural Gas • 1 day | 2.823 | +0.038 | +1.36% | ||
Heating Oil • 1 day | 2.171 | -0.041 | -1.87% |
Last week failed to bring about the expected pull-back, but SPX is now technically even more vulnerable to a short-term reversal.
Gold did not become more scarce when its price dropped $24. So the fundamental price dropped more than the market price. It's still twenty-five bucks above the market, but that's…
It's now been almost three weeks since Donald Trump's shocking (to mainstream propaganda media outlets) victory over Hillary Clinton and her establishment cronies in the presidential election ...
The SPX is due to go down into Wednesday. I believe the 2144/45 area beckons.
Gold is clearly broken but its decline is due for a pause. Gold has been strongly correlated to the bond market which may have made an interim low last Wednesday.…
So what does a fiat currency/fractional reserve banking Establishment do when confronted with such a looming catastrophe? What it always does of course: Cut interest rates and ramp up money…
Using our Jim Hurst Cycle tools we can find major cycle bottoms in a time series. Time series do cycle, and multiple times cycles find major bottoms. A gold cycle…
The major stock indices settled at all-time highs this week as the so call Trump rally continues unabated. The upward move may seem a tad overextended but there is still…
Everything you look for in a bull market is happening to extremes. Except bonds which are at extremes in the other direction. I expect the major averages to be higher…
Summary: Long term - on major buy signal. Short term - on sell signals. Gold sector cycle is down. Trend is down. Correction continues.