"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •103 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,003.00 | +8.60 | +0.86% |
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WTI Crude •10 mins | 74.06 | -1.50 | -1.99% |
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Gasoline •10 mins | 2.110 | -0.041 | -1.92% |
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Ethanol •103 days | 2.161 | +0.000 | +0.00% |
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Silver •103 days | 30.82 | +1.16 | +3.92% |
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Silver • 103 days | 30.82 | +1.16 | +3.92% | |
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Copper • 103 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 10 mins | 77.65 | -1.39 | -1.76% | |
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Natural Gas • 10 mins | 2.496 | -0.136 | -5.17% | |
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Heating Oil • 10 mins | 2.279 | -0.065 | -2.76% |
Markets / Other
Markets Discover That Higher Interest Rates Are Bad
US stocks opened down hard today, in part because China released some truly horrendous trade numbers over the weekend, but also because the imminence of a US interest rate increase…
Boom Boom Boom
Anybody who did not heed our warning last week that stocks could rip higher into November is hurting big time if short. It was the combination of promised QE by…
U.S. Manufacturing Renaissance Turns Into the Dark Ages
The October ISM Manufacturing Index, which has been the official barometer of the U.S. manufacturing sector since 1915, came in with a reading of just 50.1. This was a level…
Elliott Wave Analysis: SP500 And USDJPY
I am looking across the FX USD pairs and searching for my favorite pair for USD opportunity. I came out with USDJPY. The first reason is because USDJPY is the…
Payrolls +271,000; Is the Game Changing?
The Fed is backed into a stance of having to raise interest rates to keep its credibility. Think about that.
Reader Asks 'Without a Job, Who Can Afford to Buy What Robots Make?'
The solution is not higher minimum wages, but rather deflation that let's people buy more with their money. It's not about how much one makes but how far it goes…
Dow Index Soars, Doctors of Doom Wrong, What's Next?
Mass psychology dictates that one should oppose the crowd only when they are in a Euphoric or panic stage. The crowd has not turned Euphoric yet, but they have panicked…
A 14 Handle on Silver. Again
What's the difference between the Supply and Demand Report 1 November and the Supply and Demand Report 8 November? Just a minor punctuation change. Last week, we asked (rhetorically) if…
GBP/USD - Moving Sharply Lower
GBP/USD is declining sharply invalidating the recent short-term uptrend and suggesting a deeper corrective phase. Next support can now be found at 1.5026. Hourly resistances stand at 1.5219 (05/11/2015 high).
Does the Bell Toll for the Fed?
Last week Federal Reserve Chair Janet Yellen hinted that the Federal Reserve Board will increase interest rates at the board's December meeting. The positive jobs report that was released following…
