"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •98 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 978.40 | +21.10 | +2.20% |
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WTI Crude •10 mins | 75.42 | +2.18 | +2.98% |
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Gasoline •10 mins | 2.138 | +0.072 | +3.47% |
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Ethanol •98 days | 2.161 | +0.000 | +0.00% |
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Silver •98 days | 30.82 | +1.16 | +3.92% |
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Silver • 98 days | 30.82 | +1.16 | +3.92% | |
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Copper • 98 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 78.90 | +2.32 | +3.03% | |
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Natural Gas • 10 mins | 2.661 | +0.001 | +0.04% | |
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Heating Oil • 10 mins | 2.340 | +0.063 | +2.78% |
Markets / Other
The Midas Touch Consulting Report
Gold has clearly broken out of its falling wedge - earlier than anticipated. The stellar performance during the last two weeks has likely changed the big picture and probably marks…
Out of Touch
The Fed appears to be increasingly delusional. It appears they are lost in their own bullshit story. The net result of this confusion, which is seated in their desire to…
Draghi's Fears and Hesitation; Negative Results; Four Signs Financial Crisis has Returned
In December, Draghi disappointed the market by cutting interest rates to -0.3%. Keynesian and Monetarist economists (who are themselves part of the problem) say Draghi did not do enough to…
AUD/USD - Rising Slowly
AUD/USD has stalled below 0.7200. Hourly resistance lies at 0.7181 (intraday high). Expected to monitor hourly resistance at 0.7217 (05/02/2016 reaction high). A break of this level would signal significant…
Big Rallies Are Common In Bear Markets
Under our approach, if we remain disciplined and follow the rules (and that includes staying with the approach during normal countertrend moves), the hard evidence will keep us aligned with…
Central Banks Fool The Markets Again, But Only For A Little While
Over the weekend, the following happened: China's exports and imports fell by 11.2% and 18.8%, respectively, numbers which, for a trading power, are nothing short of apocalyptic. Japan's Q4 GDP…
Devalue or Die; Negative Interest Rate Wars Have Begun
The "devalue or die" currency wars are picking up steam; Japan's central bankers are not alone when it comes to taking rates into negative territory. A host of European nations…
Deranged Central Bankers Blowing Up The World
It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt is about to crash…
The Silver Blaze Report
Again, we had another big drop in the dollar this week. No, we don't mean against the dollar derivatives known as the euro, pound, etc. We mean by the only…
Gold - Erasing Recent Gains
Gold is declining sharply, but not invalidating the recent technical improvements. Hourly support is given at 1206 (11/02/2016 low) and daily resistance can be found at 239 (12/02/2016 high). Break…
