Markets

Jan 22, 2013 at 05:18

USD/CAD continues to move within its shortterm horizontal range between 0.9825 and 0.9973. The recent sharp move and the current mild correction favour a move towards the high of this…

Jan 21, 2013 at 19:37

The very-long-term cycles are down and, if they make their lows when expected (after this bull market is over) there will be another steep and prolonged decline into late 2014.…

Jan 21, 2013 at 11:00

When I went to the post office the other day it felt like a ghost town. There was only one person behind the desk and the place seemed darker than…

Jan 21, 2013 at 10:55

One fine day on the streets of Washington D.C. the ghost of Charles Ponzi struck up a conversation with the ghost of Cassandra. He was a charming devil and assumed…

Jan 21, 2013 at 10:45

Michael Pettis at China Financial Markets believes optimism regarding China and Europe is unwarranted. Via email, he states the case while giving nine key things to watch in 2013. The…

Jan 21, 2013 at 10:45

In an article entitled "Ignore the 'buy gold now' crowd" on CBS MoneyWatch this Monday, columnist and equities analyst Larry Swedroe criticizes forecasters who remain bullish on gold despite its…

Jan 21, 2013 at 08:41

Last week President Obama bluntly warned Congress that he will not negotiate when it comes to raising the statutory debt limit. If Republicans attempt to use a debt ceiling vote…

Jan 21, 2013 at 07:43

... there is not enough physical gold left in the vault to deliver to Germany, which is why they are stalling for time. What was presented to us last Wednesday…

Jan 21, 2013 at 05:59

USD/JPY has made a higher high. Hourly supports can be found at 89.23 (intraday low) and 88.73 (61.8% retracement of the rise from 87.79 to 90.25).

Jan 20, 2013 at 16:49

Germany has announced that it plans to take home all 374 tonnes of its gold stored at the Banque de France, and 300 out of 1,500 tonnes held at the…