Markets

Jun 13, 2015 at 07:00

Summary: Long term - on major sell signal since Mar 2012 when $HUI was at 550. Short term - on sell signals. Gold sector cycle - down as of 5/16.…

Jun 13, 2015 at 06:45

If the market is going to move laterally, it's really nice to see the worst day of the week occurring on a Friday. Leaving a nasty taste in the mouth…

Jun 13, 2015 at 06:30

What are the possible scenarios for Greece and what do they imply for the gold market? The base-case scenario is that a bailout deal will be reached in coming days…

Jun 12, 2015 at 17:58

Ok pardon the play on a 1986 Kurt Russell action adventure flick entitled "Big Trouble in Little China". China isn't little but the bubble is potentially big. Apparently, the Chinese…

Jun 12, 2015 at 17:55

Despite three consecutive weeks of losses precious metals have failed to mount much of a rally. Gold closed last week above $1170 and may close this week below $1180. Meanwhile,…

Jun 12, 2015 at 17:40

Even though crude oil prices have moved lower than most traders expected (and we admit it -- lower than we expected!) there are signs that the decline may have farther…

Jun 12, 2015 at 16:10

For bank account holders in Zimbabwe, the government will do a forced exchange of Zimbabwean dollars to US dollars at the rate 175 Quadrillion Zimbabwean Dollars Per $5.00.

Jun 12, 2015 at 16:10

History teaches that long trends end only when everyone is finally convinced that they'll keep going. Maybe no trend in modern times has been as convincing as interest rates. The…

Jun 12, 2015 at 15:20

In short: short speculative positions, $stop-loss at $247, take-profit at $153. In an article on International Business Times, a former MasterCard employee turned Bitcoin company manager offers some comments on…

Jun 12, 2015 at 14:40

Gold remains deeply out of favor, languishing near major lows. Traders are still convinced gold is going nowhere, and want nothing to do with it. But provocatively that's par for…