Markets

Mar 21, 2011 at 06:58

During the first nine years of this gold bull market, gold prices moved with a near perfect inverse relationship to the US dollar. Indeed, in the early years gold was…

Mar 20, 2011 at 19:43

The Washington Post recently published a story revealing that if the hidden jobless were included in the unemployment rate it would jump to 10.5 per cent. This is a damning…

Mar 20, 2011 at 14:12

On Friday, the indices had an opportunity to demonstrate that they had ended their correction and had reversed. They failed to do so. The SPX could not break out of…

Mar 20, 2011 at 12:31

The U.S. government borrows and spends, running up its debt obligations, ad infinitum. At trend growth of 1.5 times U.S. net private savings and rising, such borrow and spend policies…

Mar 20, 2011 at 12:30

To say that financial markets have experienced a bit of turmoil since my last public piece back in late February would be an understatement. Middle East revolts as well as…

Mar 20, 2011 at 12:00

Extremes in investor sentiment were seen over 2 months ago while the high in prices was seen 5 weeks ago. Often times, indicators of investor sentiment precede moves in the…

Mar 20, 2011 at 11:09

Wow that's some week, the past week has seen some of the craziest moves in FX for a long time, the JPY crosses moved to some extremes, the focus was…

Mar 20, 2011 at 11:07

As can be seen the direction is down After the turn date around Late February. The Graph (YBR = Yellow Brick Road) is not exact and nothing can ever be,…

Mar 20, 2011 at 11:04

An interesting thing happened last week, garnering no coverage in the face of a global meltdown, literally and figuratively. Nike reported horrible earnings. A rare miss by the industry all…

Mar 20, 2011 at 09:14

Expect a lower low ahead, the 03/15 low might not be the final low. Just a wild guess, the rebound could over around 03/21.