| Gold •510 days | 2,368.70 | +35.30 | +1.51% | |
| Platinum •10 mins | 1,574.10 | +8.10 | +0.52% | |
| WTI Crude •11 mins | 57.69 | -0.26 | -0.45% | |
| Gasoline •12 mins | 1.857 | -0.000 | -0.01% | |
| Ethanol •510 days | 2.161 | +0.000 | +0.00% | |
| Silver •510 days | 30.82 | +1.16 | +3.92% |
| Silver • 510 days | 30.82 | +1.16 | +3.92% | ||
| Copper • 510 days | 4.530 | +0.111 | +2.51% | ||
| Brent Crude • 11 mins | 62.14 | -0.34 | -0.54% | ||
| Natural Gas • 11 mins | 4.543 | +0.062 | +1.38% | ||
| Heating Oil • 13 mins | 2.340 | -0.014 | -0.60% |
In short, gold will bottom when stocks bottom and the dollar bounce falters - unless fund managers run out of gold to sell before either of the other two events…
While our long-term gold chart, which shows the bullmarket in its entirety, definitely shows deterioration, with the gold price dropping way below its long-term moving averages, which are now rolling…
If we define a bearmarket as the price making a series of lower intermediate lows beneath falling long-term moving averages, then silver is in a bearmarket against the dollar and…
For ages I have been warning where the Reserve's dangerous monetary policy was leading. All to no avail. I was warning that Australia was definitely heading into recession while the…
I won't argue that Greenspan's Fed was excessively loose with money and credit in 2001-2004 and there's no denying that his ultra loose monetary policy led to the creation of…
The last of my series of three important charts covers: The Dow Jones Industrials divided by the price of gold (Dow/Gold Ratio). We are starting to see this chart more…
It's been fun over the past few years watching EuroPacfic Capital's Peter Schiff educate mainstream (i.e. clueless) economists and money managers on CNBC and elsewhere.
While a bear market is not fun, we should acknowledge the benefits. First, it will eliminate much of the "hedge" fund industry, those that helped create the mortgage debacle and…
Shocked - well, we are shocked that Mr Greenspan is shocked. The former Fed chairman who was revered as a god by Wall Street now has the chutzpah to say…
Improvements in the credit markets provided little encouragement to battle-weary investors in the face of weak US earnings reports and a poor outlook for at least the next few quarters.…