Markets

Jul 11, 2013 at 15:01

Review of the last few weeks and forecast. The Forecast made on 6/22/13 Swing cycle weekend Summary: 6/21L, higher into 6/27H, 7/3L and the Actual was: Monday 6/24 Low, 6/27…

Jul 11, 2013 at 14:50

The FOMC released its June 2013 minutes on July 10, 2013. The FOMC is roughly split with about half believing that a reduction in QE3 would likely be warranted but…

Jul 11, 2013 at 14:39

Nothing is normal: not the economy, not the financial system, not the financial markets and not the political system. The financial system still remains in the throes and aftershocks of…

Jul 11, 2013 at 12:02

In the next part of our on-going look at the global gold market we now turn our attention to the Shanghai Gold Exchange. An exchange which has received more interest…

Jul 11, 2013 at 11:08

A confidential internal International Monetary Fund report was recently leaked to the Wall Street Journal, with the contents later being made public by the IMF. The contents of this report…

Jul 11, 2013 at 10:51

Background: Gold prices peaked in September 2011 and have dropped over one-third in the past 22 months. Sentiment by almost any measure is currently terrible. Few in the US are…

Jul 11, 2013 at 06:46

Inquiring minds note the interesting action in gold today following the non-news from the FOMC minutes from June 18 that the Bernanke Fed is not quite ready to tighten.

Jul 11, 2013 at 05:44

EUR/USD has risen sharply, breaking many resistance levels in the process. Resistances can now be found at 1.3207 (intraday high) and 1.3254 (21/06/2013 high). Hourly supports are at 1.3032 (03/07/2013…

Jul 11, 2013 at 05:43

Much of the day's trading session was as languorous as the Bermuda-shorted walkers on Lexington Avenue in the wilting, moist heat of the New York summer. But, late in the…

Jul 10, 2013 at 16:48

Many analysts predict that banks will be hurt by higher interest rates. Yet the best leading indicator of banks' future profits - financial sector stocks - aren't showing the slightest…