"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •216 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,014.80 | +12.30 | +1.23% |
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WTI Crude •10 mins | 72.84 | -0.32 | -0.44% |
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Gasoline •10 mins | 2.099 | -0.019 | -0.88% |
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Ethanol •216 days | 2.161 | +0.000 | +0.00% |
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Silver •216 days | 30.82 | +1.16 | +3.92% |
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Silver • 216 days | 30.82 | +1.16 | +3.92% | |
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Copper • 216 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 76.31 | +0.35 | +0.46% | |
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Natural Gas • 10 mins | 3.311 | -0.041 | -1.22% | |
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Heating Oil • 10 mins | 2.430 | -0.033 | -1.35% |
Markets / Other
The US is Becoming Argentina
Although many are confused by these markets, there is a simple explanation for every strange thing going on right now: The United States is rapidly devolving into a Third World…
Are Institutional Investors in a Selling Trend?
Note that the Institutional selling activity abated with the Institutional selling showing a downside cross-over. This is a positive for the market which needs to be tested during the day…
US Treasury Yields Go Negative Everywhere But Here
Negative interest rates are an existential threat for insurance companies, pension funds and other financial entities that need positive investment returns to survive. As rates on government bonds have gone…
USD/CHF - Increasing But Volatility Declines
USD/CHF continues to bounce from hourly support given at 0.9634 (02/08/2016 low) while strong resistance is given at 9956 (30/05/2016 high). Volatility is very low and should indicate that this…
Greenspan Gets One Right: Here Comes stagflation
In a recent interview, former U.S. Federal Reserve Chairman Alan Greenspan (the "Maestro") warned that the economy was experiencing, "the early signs of stagflation." This is a very rare occasion…
Elliott Wave Analysis On GBPUSD And Crude OIL
On GBPUSD we can see a strong decline from 1.3373 high which is a clear impulsive structure, but traders should not fall in love with this weakness too much, as…
The Phony Job Recovery
Until the notion that wealth and prosperity can come from a printing press is eradicated from the thinking of policymakers, economies around the world will remained mired in this malaise.
It is Time to Watch the Transportation Index
Last week we commented that "Now is a really good time to keep an eye on the Transportation Index along with all the Dow Theorists".
It's All About Interest Rates
As far as the markets are concerned, it all depends on interest rates. Because disenfranchised millennials don't give a fig about how high they go (because they are poor), but…
The Great Silver Bubble
The price of gold was down about fifteen Federal Reserve Notes this week. The price of silver was down sixty-two copper-plated zinc pennies. Is the Federal Reserve Note a suitable…
