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Markets

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GBP/USD - Pushing Lower

Jun 25, 2015 at 06:18

GBP/USD has erased the rising trend-line and is now heading toward the hourly support at 1.5626 (17/06/2015 low). Hourly resistance is given at 1.5930 (18/06/2015 high).

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Driverless Car Attitudes: Who Wants Em? Societal Disruption Coming Over Robots?

Jun 24, 2015 at 12:20

In response to First Self-Driving Truck Hits the Road Already, Nevada License AU010 I received an email from reader Stephen who welcomes the day driverless cars take over.

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GOLD and EURUSD Intraday

Jun 24, 2015 at 07:36

Gold fell to a new low but found a support near 1170 where metal might have accomplished a five wave decline in wave i, However, this can be confirmed only…

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Gold and Silver Headed for Breakdown

Jun 24, 2015 at 06:25

Gold has held in over the past few months but its recent price action suggests trouble is ahead ...

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Expect A Wave Of Consolidation In The Oil Industry

Jun 24, 2015 at 06:23

Listening to the Federal Reserve yesterday it was clear that the pressure on the dollar rise is being lifted as they now realize that, despite attempts to fudge economic statistics,…

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EURJPY Short-Term Elliott Wave Analysis

Jun 24, 2015 at 06:04

Rally to 141.05 completed wave (W). Current revised short term Elliott Wave view suggests wave (X) pullback is unfolding in a double corrective structure W-X-Y. Wave W took the form…

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The Forgotten History (and Potential Future) of Silver as Money

Jun 23, 2015 at 17:41

In contemporary discussions of sound money, silver tends to get short shrift. Even among staunch sound money advocates, the historic role of silver as money is often marginalized or ignored…

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Housing Recovery? Nah, It's Just Spiking Mortgage Rates

Jun 23, 2015 at 16:12

This morning saw two very strong housing reports ...

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Whither Bonds? Arnott Answers

Jun 23, 2015 at 15:59

I really enjoy reading, and listening to, Rob Arnott of Research Affiliates. He is one of those few people - Cliff Asness is another - who is both really smart,…

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Gold: Don't Fight Beijing

Jun 23, 2015 at 15:31

I realize that most analysts in the gold community are nervous about gold, and nervous about China's stock market. In contrast, I think this is the greatest time in history…