Markets

Jun 04, 2012 at 06:15

It appears as if European leaders still do not grasp the severity of "messing with" the markets. The entire market for sovereign debt could unravel at a shocking rate if…

Jun 04, 2012 at 05:18

When I see this chart, it don't bode well for this market, although it's not a 100% correlation with Gold in US$, it doesn't exactly inspire me to be bullish…

Jun 03, 2012 at 19:06

In a few years, the marinas will be full of abandoned yachts and Lamborghini dealerships will be loaded with pre-owned bargains, just waiting for gold bugs to use their coins…

Jun 03, 2012 at 19:03

With Friday's employment report a few things began to clear up. The first one is the correct cycle count on the stock market. With the break to new lows it's…

Jun 03, 2012 at 16:11

Coming after an extended decline, Friday's action has all the earmarks of a selling climax in the making. Best guesstimate is that it will reach the suggested 1255-1265 projection before…

Jun 03, 2012 at 13:35

Okay, we get it: gold miners are not the same thing as gold. Mining is a business with all kinds of issues that have nothing to do with the metal's…

Jun 03, 2012 at 13:33

Weakness should persist and Q3 is in the cards. It should support stocks and contract the U.S. dollar. A Redemption Fund is instead gaining consensus in Europe. It would provide…

Jun 03, 2012 at 13:09

My SPX long-term count remains unchanged. As long as price does not prove it erroneous I maintain that from the November 2008 lows, price is unfolding a counter trend large…

Jun 03, 2012 at 12:59

Now, keep in mind that I favor physical Gold over Gold stocks over the long term and, in fact, own no Gold stocks for the long term. My long-term holdings…

Jun 03, 2012 at 12:57

A short article yesterday reports that the U.S. Government has just revised U.S. Q1 2012 GDP down to 1.9% from 2.2%. This is said to be an "Annual rate of…