| Gold •592 days | 2,368.70 | +35.30 | +1.51% | |
| Platinum •14 mins | 2,020.90 | -56.20 | -2.71% | |
| WTI Crude •11 mins | 63.20 | +0.31 | +0.49% | |
| Gasoline •11 mins | 1.909 | -0.002 | -0.11% | |
| Ethanol •592 days | 2.161 | +0.000 | +0.00% | |
| Silver •592 days | 30.82 | +1.16 | +3.92% |
| Silver • 592 days | 30.82 | +1.16 | +3.92% | ||
| Copper • 592 days | 4.530 | +0.111 | +2.51% | ||
| Brent Crude • 11 mins | 68.03 | +0.28 | +0.41% | ||
| Natural Gas • 11 mins | 3.034 | -0.209 | -6.44% | ||
| Heating Oil • 11 mins | 2.398 | +0.010 | +0.41% |
The market has been deteriorating technically since the 1st of the year, but, the number of new lows is still insignificant. I expect the major averages to be higher on…
What happened?! is the question so many are asking about Friday's waterfall in prices. A better question is, "Why?" Outside of the insiders, no one really knows. Yes, there can…
Summary: Long term - on major sell signal. Short term - on sell signals. Gold sector cycle - down as of 4/05.
Perhaps the crack in commodities markets is indicative of a confluence of unfolding faltering Bubble risk in Europe, China, the emerging markets and the hedge fund community.
Fast money was made on both sides of the field this week - some quicker than others. While strong countertrend rallies in the precious metals sector were accomplished in the…
I recently asked Elliott Wave International analyst Jeffrey Kennedy to name his 3 favorite technical tools (besides the Wave Principle). He told me that Japanese candlesticks, RSI, and MACD Indicators…
Gold's safe haven allure takes a beating as Cyprus seeks to raise about 400 mln Euro in gold sales to fill the 13bn Euro portion of its total financial needs…
The problem with central banking is that there are no longer any bankers in central banking. Too many economists, particularly of the interventionist kind. The latter spend their time and…
This week we saw some interesting developments on the financial markets, mainly in the general stock market - S&P 500 has finally reached (and surpassed) the long-awaited 2007 high level…
Ironic isn't it? A record number of people on food stamps yet new highs for stock indices. Below is an interesting question posed by Michael Snyder. The answer is very…