Markets

Jul 07, 2014 at 05:59

Silver is showing signs of weakness. Monitor the supports implied by the short-term rising channel (around 20.85) and the rising trendline (around 20.79). An hourly resistance now lies at 21.29…

Jul 07, 2014 at 05:55

Any path Gold chooses to follow short-term should be within the context that Gold will be rising in a dramatic wave 5-up within a few months at the latest.

Jul 06, 2014 at 16:25

The debate over which, if any, business deserves an exemption from Obamacare's contraception mandate is rooted in a misunderstanding of property and contract rights. All businesses and all Americans deserve…

Jul 06, 2014 at 16:18

Another minor top appears to be forming, preceding a correction which should exceed the former one in depth; but limited and very short-term (not lasting more than a few days).…

Jul 06, 2014 at 16:16

The Dow Jones Industrial Average moved past 17,000 and the benchmark SP500 index rose to within 1% of 2,000 during the holiday shortened week. As displayed in the chart below,…

Jul 06, 2014 at 09:51

The picture for the coming week is anything but clear. The market is overbought at new highs. Seasonally the market has been up more often than not but the average…

Jul 06, 2014 at 09:41

Summary: Long term - on major sell signal since Mar 2012. Short term - on buy signals. Gold sector cycle - up as of 6/20. This week's COT data not…

Jul 04, 2014 at 20:05

Pick your poison for knowing what news is impacting gold and silver these days. Both have been in year-long TRs, [Trading Range], within a broader down trend context. That may…

Jul 04, 2014 at 19:48

I have liberally excerpted from Janet Yellen s July 2 speech to the International Monetary Fund: "Monetary Policy and Financial Stability." I expect this paper to be critiqued for years…

Jul 04, 2014 at 12:38

Until recently, the world has forgotten about gold and gold futures prices it would seem. A few years ago, all we heard about was gold and silver futures making new…