Markets

Mar 15, 2004 at 00:00

Once the initial selling pressure abates then we could enter a phase where foreign buying of gold would outweigh the currency effect and the two would rise together. While gold…

Mar 14, 2004 at 00:00

Note that the retracement stopped within a whisker of 50%. It is an additional confirmation of the upper bifurcation point was correct. The fast move and 50% retracement suggests a…

Mar 13, 2004 at 00:00

During a longer term upward move there will be sudden sharp declines. As the upward cycle matures prices flatten out then slowly begin to turn downward (tops form slowly while…

Mar 13, 2004 at 00:00

In fact, the dollar held its ground against the euro early on in anticipation of the trade data release, and when the data were released, the dollar jumped. According to…

Mar 14, 2004 at 00:00

The next two charts show that on Wednesday, March 10th, 2004 the concurrent price action of the Dow Transports and the Dow Industrials triggered an alarming Dow Theory "Sell" Signal…

Mar 13, 2004 at 00:00

The old line is that no one rings a bell at market tops and bottoms. Of course, in hindsight, we all imagine we heard the bell and wish we had…

Mar 12, 2004 at 00:00

The flaws in the Inflationists' analysis are many. There is no control today over the system of Global Wildcat Finance's creation of new claims, nor is there the capability to…

Mar 12, 2004 at 00:00

The only meaningful deposits of Platinum are found in South Africa and Russia. These two regions account for roughly 90% of global supply. But total global platinum production only represents…

Mar 12, 2004 at 00:00

There hardly exists a more predictable and transparent "Intervention" than in the Gold and Silver markets. This daily affair no symbolizes just how much is at stake. Honest money cannot…

Mar 12, 2004 at 00:00

Given the general euphoria about the U.S. economy and its recovery, there appears to be a general apprehension in the markets that the Federal Reserve will be forced to raise…