Markets

Dec 29, 2003 at 00:00

When the medium-term outlook for the gold price is bullish, as it is now, gold stocks usually do well during the initial stages of any substantial downturn in the broad…

Dec 28, 2003 at 00:00

This is a chart of the DOW presented some time back as the most likely Elliott labeling. At that time I expected a failure in the 5th wave. Normally a…

Dec 27, 2003 at 00:00

Typically of all seasonally strong periods the returns have been much better for the small caps. The historical performance for the last three trading days of the year has been…

Dec 27, 2003 at 00:00

If there was ever a reason for investors to get out of a brand new- largely untested designer currency like the euro, it would be the recent double-fiasco of a…

Dec 26, 2003 at 00:00

The year looks as though it is ending what, in the context of the last few years, was a confirmation that gold had turned from a two decade long fall,…

Dec 26, 2003 at 00:00

Now European investors, when they aren't writing me charming e-mails, are seeing a vastly different gold picture. The blue euro-gold line above and its white 200dma betray a fact that…

Dec 23, 2003 at 00:00

Note that in the above gold futures chart a massive parabolic bowl -- largely responsible for the upside move since the July low -- is still intact since it hasn't…

Dec 22, 2003 at 00:00

Nevertheless, the general public remains skeptical or unaware of what's happening in the world of gold. They're still in the stock market, either trying to recoup their 2000-2002 losses or…

Dec 22, 2003 at 00:00

The excessive monetary policy of the past few years have been surprisingly reminiscent of the early Johnson years, when the United States fought the Vietnam War and provided for the…

Dec 22, 2003 at 00:00

The Fed has now been about as explicit as they get in stating what contingencies will cause them to raise rates. The release of the Fed's Oct. 28 minutes has…