Markets

Apr 22, 2013 at 12:06

My speech, "A Brief Lesson in History", is available at Wine Country Conference Speaker Presentations. The videos are the actual presentations, and we are making a couple of them available…

Apr 22, 2013 at 12:00

Failure of gold's key support at $1500 - $1550 triggered a stunning plunge as masses of stops were triggered. We can see what happened on the 6-month chart below. The…

Apr 22, 2013 at 11:25

Silver crashed its key support last week and plunged in sympathy with gold. On its 6-month chart below we can see the big drop that followed failure of the support,…

Apr 22, 2013 at 10:42

As we pointed out in March, the kinetic potential across the hard commodity-scape appeared to be of the 2008 variety; i.e. watch for disorderly and cascading declines. Following the commodity…

Apr 22, 2013 at 10:20

The "coordinated smashdown of gold and silver" was on everyone's mind this week, but is it true? Did the price of paper gold (futures) divorce from the price of physical…

Apr 22, 2013 at 06:41

What is a "Safe-Haven"? It should be defined as a long-term investment that holds its value internationally, in extreme financial times. Is gold one of these? After all, it has…

Apr 22, 2013 at 05:26

USD/JPY is challenging the resistance at 99.94 (11/04/2013 high). Monitor also the strong resistance at 101.45. Hourly supports can be found at 98.96 (intraday low) and 97.22 (17/04/2013 low).

Apr 21, 2013 at 21:02

The cyclical recovery that began in March 2009 has been impressive but is getting long in the tooth. Investors wonder when it will end, and while this can't be known…

Apr 21, 2013 at 19:03

After the current recovery I expect US$1,250.00 to be tested in the coming months. If US$1.250.00 breaks we should be going down to even US$1,150.00 and US$1.050.00. Here we will…

Apr 21, 2013 at 16:49

SPX has returned to the 1539 support level which held the last time it was tested and was followed by a new all-time high. This time could be significantly different…