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Markets

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China Gets Picky

Jul 15, 2011 at 09:49

It turns out that China is not willing to pay whatever it has to for energy and metal resources. Several resource deals have faltered in recent months, indicating an increasingly…

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Bullish Copper Technicals

Jul 15, 2011 at 09:39

Copper is growing increasingly popular among speculators, who are catapulting this unassuming base metal up into the rarified ranks of market-darling commodities. Neither precious like gold, nor immediately consumed like…

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Gold and Silver Miners Stop as General Stock Market Declines

Jul 15, 2011 at 08:52

Gold surged to a new record on Wednesday, propelled by the possibility of a third round of quantitative easing in the US. Already rallying hard on the back of fiscal…

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The American Dream? More Stimulus?

Jul 15, 2011 at 07:46

Notwithstanding Bernanke's remarks to Congress on the Debt Ceiling, the ongoing Debt Limit Negotiation was reported last evening as 'going no-where' after a 2 hour meeting held late yesterday afternoon.

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Rhodium Trading Thoughts

Jul 15, 2011 at 07:36

On a regular basis seems one of the world's economic leaders reconfirms the wisdom of investing in precious metals. On Wednesday, Chairman Bernanke testified before Congress that if the U.S.…

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Update: Keep an Eye on this Rare VIX Pattern ...

Jul 15, 2011 at 06:56

The chart below shows what happened since last week. From the chart above, you can see that the VIX was testing the bottom circular support last week. Now, when you…

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This is What Distribution on the SP500 Looks Like

Jul 15, 2011 at 06:44

You guessed it the public is not a great benefactor of distribution phase. They are the pansy required to buy stock at this time.

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Bernanke Says No Immediate QE3...

Jul 15, 2011 at 06:25

Thursday was a disappointing day for the bulls as bearish sentiment continues to grow. The boost stocks received when Bernanke confirmed the Fed would consider further quantitative easing was reversed…

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Daily Technical Report

Jul 15, 2011 at 06:03

Gold: This week's break over 1577.57 now suggests a resumption of the larger rising trend is now in force, negating our prior bearish bias for the near-term. In fact, while…

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An Epic Energy Crunch

Jul 14, 2011 at 20:52

Bearing in mind the fact that global usage of liquid fuels will only increase in the future, one does not need to be a rocket scientist to figure out that…