"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •849 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •15 mins | 1,436.00 | -57.30 | -3.84% |
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WTI Crude •20 hours | 104.12 | +2.12 | +2.08% |
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Gasoline •20 hours | 3.157 | +0.068 | +2.21% |
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Ethanol •850 days | 2.161 | +0.000 | +0.00% |
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Silver •849 days | 30.82 | +1.16 | +3.92% |
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Silver • 849 days | 30.82 | +1.16 | +3.92% | |
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Copper • 849 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 19 hours | 113.43 | +2.63 | +2.37% | |
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Natural Gas • 20 hours | 2.898 | -0.054 | -1.83% | |
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Heating Oil • 20 hours | 4.791 | +0.055 | +1.15% |
Markets / Other
GDXJ/Gold Ratio
The HUI/Gold ratio looks a bit better but certainly nothing to write home about. Consistent with the weak-showing in this ratio, gold is struggling to breach overhead resistance on its…
EUR/CHF - Remains in its Declining Channel
EUR/CHF is drifting lower and is now close to the hourly support at 1.0515 (see also the low of the declining channel). Another support can be found at 1.0414. Hourly…
Forex Trading Alert: Sharp Decline In USD Index And Its Implications
Yesterday, Ms. Yellen said that the Federal Reserve will likely raise interest rates later this year, but it will not occur after the FOMC next meeting in April. She also…
A Gold Trading Idea
Yesterday's FOMC was bullish for most assets, as the FED indicated it was not ready to beginning raising rates. The FED's ZIRP policy, designed primarily to encourage lending and speculative…
European QE Creates Distortions in World Economy
In the closing months of 2014, Germany faced a difficult dilemma. Although its own economy was holding up well, incoming data showed that the rest of the Eurozone was rapidly…
The Fed Drops 'Patient'
The Fed lost patience. Well they did not so much as lose patience but they dropped the word "patient" in their "guidance" language. It seemed to be widely expected that…
Financial Repression Authority with Marshall Auerback
Financial Repression is an experiment that " is flawed in terms of the economics behind it. I don't think it does much to help elevate aggregate demand (spending power) and…
Falling Interest Causes Falling Wages
Interest rates have been falling for over three decades. Conventional economics has two things to say about this. One, inflation expectations are falling. Monetarists believe that the interest rate is…
The Double-Edged Sword of a Strong Dollar
Until the latest pullback on Wednesday, the U.S. dollar index had been on a rip-and-tear for most of this year. Earlier this week the dollar hit a new multi-year high…
Stock Trading Alert: Stocks Got Close To All-Time Highs Following Fed's Decision Release
The main U.S. stock market indexes gained between 1.1% and 1.3% on Wednesday, extending their recent move up, as investors reacted to the Fed's Decision release. The SP500 index got…
