Markets

May 16, 2014 at 06:39

Value investors in gold who buy on falling prices are predominately Asian. For Asians the value in gold comes from the continual debasement of national currencies, a factor rarely considered…

May 16, 2014 at 06:17

This week started with a severe markdown in gold and silver prices when markets opened in the Far East on Monday morning, taking gold down $12 to $1278 and silver…

May 16, 2014 at 06:08

SP500 has turned bearish in this week and even accelerated lower yesterday. More importantly, prices fell through the channel support line connected from 1803 low, and also moved slightly beneath…

May 16, 2014 at 06:06

Stock markets around the world have rallied considerably last 2 years and have reached valuations that are on the par or worse than at major tops of last 100 years.…

May 16, 2014 at 05:14

Silver: Price has moved upwards in choppy overlapping movement which is what last week's wave count for Silver expected. I have a new wave count for you which may be…

May 16, 2014 at 05:07

Precious Metals continue to be in a long bottoming process that began last summer. Though many quality juniors have already bottomed and while GDX, GDXJ and SIL probably won't see…

May 16, 2014 at 04:56

Gold has faded near the resistance at 1316 (see also the declining channel). Hourly supports stand at 1289 and 1278. An hourly resistance now lies at 1309 (14/05/2014 high).

May 15, 2014 at 20:39

We made no changes to our mix of stocks (SPY), bonds (TLT), and cash Thursday. However, we did review all accounts and build trade files for two possible defensive chess…

May 15, 2014 at 20:37

Gold Summary: A third wave down has most likely begun. The target for it to end is 1,247 and this may be reached in four more days, or more likely…

May 15, 2014 at 18:11

Earlier today, the combination of positive economic indicators in the U.S. pushed the euro to a 11-week low against the greenback. Thanks to this news, EUR/USD slipped to important support…