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Markets

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Gold Stock Seasonality

Oct 08, 2004 at 00:00

In our opinion, the odds of an important October-November low remain slightly better than the odds of a high. Clearly, though, if the major gold stocks continue to make new…

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Gold - The Weekly Global Perspective

Oct 07, 2004 at 00:00

But the perception that this drives the gold price entirely, should be readjusted. It is the New York bullion market that is waiting for the jobs data tomorrow, for it…

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Slowing Economy, Bullish Market!

Oct 08, 2004 at 00:00

Of course the major Wall Street and Bay Street firms will never tell you that things are about to go to hell in a hand basket. Without the flow of…

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Major Dow Theory Non-Confirmation

Oct 08, 2004 at 00:00

A major development since the last newsletter is the continuing non-confirmation between the DJIA and Dow Transports. The non-confirmation has gone on for the better part of 7 months, which…

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Cracks Appear In Housing

Oct 07, 2004 at 00:00

The second quarter of this year was one of the rare times in recent history that gross private investment contributed more to GDP growth than personal consumption. In fact, it…

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An Inflationary Blow-Off

Oct 07, 2004 at 00:00

It has to happen, I suppose. One final inflationary blow-off to scare everyone into thinking that a 1970s-type inflationary environment is coming upon us once again. This will most likely…

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BondWorks

Oct 07, 2004 at 00:00

I still like bonds on a longer term, fundamental basis. However, there are a number of short-term negatives (outlined above) that take me to neutral in the short run. A…

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Stock, Bond, Vix Ratios Turn Down....

Oct 07, 2004 at 00:00

Therefore, it is with opportune deliberation that I point out that these two ratios for the first time ever have retested their all time peaks together and begun to turn…

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Government Economic Reports: Things You've Suspected but Were Afraid to Ask! -- Gross Domestic Product

Oct 07, 2004 at 00:00

When it comes to government economic data, it is easy to get terribly confused. In recent years, it also has become easy to be more and more suspicious of the…

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Son of "A Day Late and A Dollar Short"

Oct 06, 2004 at 00:00

In the spring of 2004 we published "A Day Late and A Dollar Short" an analysis outlining the risks of what we called a "dollar short squeeze" scenario where we…