Markets

Mar 24, 2016 at 06:52

Robin Hood robbed the Rich to help the poor; in the modern day version the Rich rob both Robin Hood and the poor to become even richer. The rich in…

Mar 24, 2016 at 06:39

Today felt like a short covering rally during the bear market years in the PM complex only in reverse. Days like today can make one think that the rally over…

Mar 24, 2016 at 06:12

In our opinion, no speculative positions are justified ...

Mar 24, 2016 at 06:00

Revised short term Elliottwave structure suggests dips to 84.15 ended wave ((w)). Wave ((x)) bounce from there is unfolding as a triangle where wave ((a)) ended at 86.29, wave ((b))…

Mar 24, 2016 at 05:51

Gold has exited the short-term uptrend channel. Strong hourly resistance is given at 1284 (11/03/2016 high) while closer hourly support at 1225 (15/03/2016 low) has been broken. The metal is…

Mar 23, 2016 at 18:21

The market after an extended run which mirrors the move up off our bottom back in October of 2015 tagged 70 RSI back then which marked a top. If you…

Mar 23, 2016 at 17:23

If the EW count that I am following is correct the corrective decline from the April 2015 top is not over yet, as one more down leg is needed to…

Mar 23, 2016 at 14:31

India has had a long-standing love affair with gold. At Indian weddings, some of the brides get so much gold jewellery that it weighs them down. There are upwards of…

Mar 23, 2016 at 14:04

Savers are the obvious victims of the past few years' plunge in interest rates. But there are other casualties, including money market funds, which have no reason for existing if…

Mar 23, 2016 at 14:02

The shouts of warning are finally starting to come out from official bodies. Since the collapse of the oil and gas market, we have been writing about the fact that…