Markets

Oct 06, 2004 at 00:00

I can find NO aspect of the Financial Markets that even begin to approach financial sense, let alone a tattered shred of anything resembling common sense. This makes perfect sense…

Oct 05, 2004 at 00:00

Although this will be no cheer to the bulls in the market, I would expect that the odds favor a continuing retracement of the precious metals prices, all else being…

Oct 06, 2004 at 00:00

Wall Street and the financial press are forever obsessed with some "indicator" that will explain what "drives" the stock market. If your memory is good, you may recall that in…

Oct 04, 2004 at 00:00

Last week I laid out some parameters this market needed to comply with in order to hold this trend. I stated that my opinion was the index would hold those…

Oct 05, 2004 at 00:00

At the risk of angering more than a few, a distinction is drawn between Gold, a real asset, and stocks, which are financial assets. Regardless of the outlook for Gold,…

Oct 05, 2004 at 00:00

Could the "deafening silence" be because further announcements not to sell, after Italy's statement of no sales would send the gold price up dramatically? The failure to confirm these sales…

Oct 04, 2004 at 00:00

The DOW has moved down a little over 61.8 %. It has bounced on the trend line through '03T4?' moving up from mid point bifurcation point of the IRAQI WAR…

Oct 04, 2004 at 00:00

Our money is worth less. A Federal Reserve Note buys 96% less in 91 years. Living wages require two income streams for the average American. Aspirational ideals rooted in the…

Oct 04, 2004 at 00:00

In years gone, banks would reduce a speculative froth, by tightening lending terms. But not this time. With central banks pumping out cheap money, banks looked for ways to lend…

Oct 03, 2004 at 00:00

Rallies inside secular Bear markets are often violent and surprisingly sharp as shorts must join in the buying fray to cover their positions at the first hint of a trend…