"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •136 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 945.10 | +1.10 | +0.12% |
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WTI Crude •21 hours | 67.02 | -1.68 | -2.45% |
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Gasoline •21 hours | 1.949 | -0.032 | -1.63% |
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Ethanol •136 days | 2.161 | +0.000 | +0.00% |
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Silver •136 days | 30.82 | +1.16 | +3.92% |
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Silver • 136 days | 30.82 | +1.16 | +3.92% | |
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Copper • 136 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 20 hours | 71.04 | -1.52 | -2.09% | |
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Natural Gas • 21 hours | 2.823 | +0.038 | +1.36% | |
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Heating Oil • 21 hours | 2.171 | -0.041 | -1.87% |
Markets / Other
USD/CAD - Collapsing
USD/CAD has strongly declined. Hourly support found at 1.3388 (25/01/2017 high) has been broken. Expected to show continued weakness towards stronger support given at 1.3324 (13/04/2017 low).
Active Trader Predicts Vix Spike & Nasdaq Selloff
Goldman worries that the boom has created an “valuation air-pocket,” similar to the ridiculously high valuations for tech stocks during the Dot-Com boom.”
Will Technology Stocks Sell-Off Drive Stock Market Lower?
Concluding, the SP500 index continued to trade within a short-term consolidation on Friday, as it lost just 0.1% after technology stocks sell-off. Will the uptrend resume?
Manipulated and Made-up Markets
The economic ruse that is run by Communist China is growing bigger by the day. The formula behind what has been the Great Red Engine of global growth is really…
This Past Week In Gold 06-12-2017
Gold prices and ETF's have seen a reversal recently and the trend in currently up
Triangle On German DAX Points Higher!
German Dax made a three wave drop, from blue wave d highs, which can only mean that final wave e of a triangle is in motion. Ideally we will see…
Crude Oil - Bearish Momentum Is Fading
Crude oil's decline is stopping since the recent collapse from $52. Support is given at a distance 43.76 (05/05/2017 low). The technical structure suggests further weakness towards 43.76.
Crowded Longs, Shorts and a New Z1
It was a week that saw Mario Draghi cling stubbornly to ultra-dovish monetary policy, the UK's Brexit strategy thrown into even greater disarray after Prime Minister May's failed election gambit,…
Gold-Stock Inflection Nears
The gold miners’ stocks remain deeply out of favor, largely shunned by traders. Since this sector just spent the better part of a year grinding sideways, such bearish sentiment isn’t…
Gold Price the Winner in Early June; Rest of Precious MMI Flattens
Although the Global Precious Metals MMI did not reflect it in the May-to-June time period, the U.S. gold price increase after June 1 has gotten some heads turning.
