"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •101 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 994.40 | +18.20 | +1.86% |
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WTI Crude •1 day | 75.56 | -0.29 | -0.38% |
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Gasoline •1 day | 2.152 | +0.001 | +0.03% |
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Ethanol •101 days | 2.161 | +0.000 | +0.00% |
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Silver •101 days | 30.82 | +1.16 | +3.92% |
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Silver • 101 days | 30.82 | +1.16 | +3.92% | |
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Copper • 101 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 day | 79.04 | -0.36 | -0.45% | |
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Natural Gas • 1 day | 2.632 | -0.043 | -1.61% | |
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Heating Oil • 1 day | 2.344 | -0.007 | -0.30% |
Markets / Other
EUR/CHF - Further Bullish Move?
EUR/CHF is trading the symmetrical triangle but the upper bound is targeted. Hourly support lies at 1.0733 (28/08/2015 low) and hourly resistance can be found at 1.0956 (29/09/2015 high). Expected…
Market's Wild Swings May Continue into the New Year
I also see the possibility of a Dec 4 type melt-up in both the stock market and gold/GDX Monday Dec 21. This could easily be followed by another large drop…
Gold Market Update
Gold's technical picture is actually little changed from the last update posted on the 6th, apart from its having made marginal new lows late last week. What has changed is…
Silver Market Update
Silver has been somewhat weaker than gold in the recent past and dropped to clear new lows last Monday, as we can see on its 6-month chart below, but this…
The Recession And Bear Market Of 2016, In Two Charts
Good friend Michael Pollaro just sent a couple of charts that show the US economy heading for a brick wall. The first illustrates what happens when business sales (the green…
Market Turning Points
Indeed, with last week's action, it appears that SPX is starting a new downtrend after having made a secondary top at 2104. Because the amount of distribution which has been…
Date-Dependent Fed Might Have Nailed the End of the Cyclical Bull Market and the Beginning of the Next US Recession
Ever since the famous Irrational Exuberance comments by Greenspan in late 1996, Fed Chairs have made all kinds of comments about bubbles, or lack of bubbles, in the stock market…
The Fed Screwed Up
It is bizarre that stocks rose sharply during the two day Fed FOMC meeting, a mysterious time-out inside a declining trend from our December 8th Purchasing Power Sell Signal, which…
Yield Curve Flattening Further, Why it Matters
I am becoming increasingly concerned over the flattening yield curve. This curve enables us to get a first hand view of sentiment towards economic growth among bond investors and other…
Market Summary
The Benchmark SP500 Index and Blue Chip-heavy Dow Jones Industrial Average ended the week with their worst two-day sell off since September 1st. All the major indexes finished the week…
