Markets

Jan 06, 2013 at 09:34

Despite all the hoopla surrounding the 12th hour fiscal cliff negotiations, the markets did what they always do: swinging from overbought to oversold and back to overbought condition.

Jan 06, 2013 at 08:16

Just who does the Fed think it is kidding, making noises about choking off QE and Treasury purchases? Any serious attempt to do this at the eleventh hour would crash…

Jan 06, 2013 at 08:15

After the Fed induced scare on Thursday, silver at first dropped again steeply on Friday before staging a dramatic turnaround to close little changed on the day, leaving behind a…

Jan 06, 2013 at 08:11

I want to begin this weekend technical analysis with a review of the SPX long-term count. (I will use this discussion to update the long-term SPX count thread) The main…

Jan 06, 2013 at 08:09

Central bankers and big financial institutions are borrowing money from the FED at rates near zero, and then reinvest it into the ten year or thirty year notes, which are…

Jan 05, 2013 at 17:34

This "fiscal cliff" idea originated at the Fed, and blatant idiots in the mainstream media latched on to the idea. Of course Obama latched onto is as well, as did…

Jan 05, 2013 at 16:35

The fiscal cliff was always going to end with a whimper because that was the obvious path of least resistance. In the end, simply avoiding big tax increases and spending…

Jan 05, 2013 at 16:11

In the book Escaping Oz, one of the subtexts centered on the intersection of politics and economics. Due to the nature of our monetary system and its effect on government…

Jan 05, 2013 at 12:22

Gold: The bigger picture hasn't changed and isn't going to for some time: a major private sector secular economic contraction in the West being fought with manufactured money/credit units by…

Jan 05, 2013 at 12:19

Oil (Crude) was Up again BIG but that won't last. Last Week I said: "A Mini-Rally is in force, however I would expect a pull back to begin again rather…