"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •146 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 934.30 | +4.40 | +0.47% |
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WTI Crude •10 mins | 68.94 | +0.17 | +0.25% |
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Gasoline •12 mins | 1.990 | -0.001 | -0.07% |
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Ethanol •146 days | 2.161 | +0.000 | +0.00% |
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Silver •146 days | 30.82 | +1.16 | +3.92% |
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Silver • 146 days | 30.82 | +1.16 | +3.92% | |
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Copper • 146 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 72.94 | +0.13 | +0.18% | |
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Natural Gas • 10 mins | 3.350 | -0.117 | -3.37% | |
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Heating Oil • 17 mins | 2.232 | -0.009 | -0.38% |
Markets / Other
That Was The Week That Was!
A trading week full of surprises, with gold looking toppy, but bouncing back each time a decay began, leaves the week looking resilient. Physical trade constantly make its presence felt…
Comparing the U.S. and EU Constitutions
Several characteristics of the U.S. Constitution have contributed to its relative success and survival as a body of foundation law. The preamble, for example, describes the objectives of the Constitution…
The S&P 500 Interim Top
But even though we have just witnessed a typically slow summer trading season, the last few months have still left us with much to ponder as we rapidly plunge into…
Essentialist Observations
It came to us neither as the result of logical inducement nor sober reflection. Nor was it revealed to us as a divine truth. Instead, we just took it up…
The Fed Gives Gold Investors a Green Light
Now, Greenspan and Co. can say whatever they want about interest rates but at the end of the day the market will determine when short-term rates are hiked and by…
Market Letters Digest
Weekly stochastics can stay oversold or overbought for years. Notice the negative divergence the weekly stochastics had with the USD rise. Figure 2 shows the buy and sell signals generated…
Consumption Junction
This gale force wind is starting to die down. The MBA Refinance Index dropped 20% last week to the lowest level since July 2002. Equally concerning is that the percent…
Social Justice
The ancient Greek philosophers set forth concepts and doctrines of justice that elevated the State to the supreme moral agent. Plato who has influenced Western thought for more than 2400…
An Elliott Perspective on the S&P Index
This concept is based on the ASSUMPTION that the down move to be genuine must have a greater slope than the up move of similar degree.. The red dotted line…
Gold Stocks, Interest Rates and the US Stock Market
Over the past few years we've spent a lot of time discussing the relationship between gold stocks and interest rates. In particular, we've discussed how gold stocks, as a group,…
