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Markets

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Turning Point

May 17, 2011 at 09:52

I received an email from a good friend of mine today. His comment, per the email, is in response to a prediction by Gann Global Financial, that 12 May 2011,…

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Three Reasons to Believe in $100 Oil

May 17, 2011 at 07:22

After selling off nearly 14 percent the previous week, oil prices finished last week slightly higher at $99.65 per barrel. While the end result was a net positive, the volatility…

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Be Ready for Rebound in Platinum - BUY!

May 17, 2011 at 06:33

I am adding platinum to my portfolio!

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The Risk-Reward Market Report

May 16, 2011 at 20:59

Weekly indicators are turning down or have a negative bias. Weekly STOCH is below EMA & Williams is close to being bearish.

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The 'Smoothing Out the Bumps' Fallacy

May 16, 2011 at 20:38

Governments and central banks have invoked the writings of J.M. Keynes to justify the massive increases in government spending and monetary inflation that have occurred over the past few years.…

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Soggy

May 16, 2011 at 20:37

I am sure it is just pure chance, but sometimes it seems as if the market action matches the weather. Today in New York it was cold and rainy, with…

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The Dollar Bull Monkey Dance Will End Badly, with a QE3 Party?

May 16, 2011 at 20:35

Interesting to watch all of the Silver and Gold Bears running out into the streets from their caves beating their chests due to the silver shellacking we just saw. Getting…

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Raising the Roof on Debt

May 16, 2011 at 14:58

Today the U.S. government officially borrowed beyond its $14.29 trillion statutory debt limit. And even though the Obama administration has assured us that accounting gimmickry will allow the government to…

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The Milk Police

May 16, 2011 at 13:51

On April 20th, after a year-long undercover sting operation, armed federal agents acting on behalf of the Food and Drug Administration (FDA) raided the business of Pennsylvanian Amish farmer Dan…

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Downside Targets/Support for Gold Stocks

May 16, 2011 at 13:45

The gold stocks are in a correction which could turn out to be the largest and deepest since the crash of 2008. Now is not the time to panic but…