Our headline says it all as far as the current state of the gold market. Gold has idled in a net sideways pattern now for nearly an entire year. Technically, this consolidation can only mean one of two things: accumulation or distribution...
After spending most of October and November in a relentless runup, the Dow Jones Industrials may finally be losing steam. Certainly, a correction is long overdue and our technical indicators point to at least the 8400-8650 area as the most...
Summary: The global equities markets have enjoyed and extremely bullish rise from early October to the present, with many market indexes retracing 100% of their previous losses or more. This is surely a positive sign for the still-...
The last two months in the U.S. equities market have been nothing short of nerve wracking, especially for investors of a bearish mindset (as we have maintained throughout). Shorts positions were forcibly covered, put options were killed,...
Ah, those incomparable Canadian junior gold mining stocks. Where else in these troubled financial times replete with deflation, volatility and falling prices can one find such comfort, such joy, such amazing profit potential for so little...
It is widely recognized that the roaring engine of the U.S. economy is showing the signs of wear and tear from its high octane performance over the past several years - and almost certainly will slow down in the coming months. Even most...
Canadians, much more so than Americans, are inveterate goldbugs. They are especially fond of gold mining stocks and exploration companies—as well they should be since so much of Canada's economy depends on the market condition of the...
The technical outlook in gold is looking better than it has in quite some time and it is starting to be confirmed by a rapidly improving fundamental picture as well.
Quite simply, gold's daily price chart hasn't looked this promising in...
The outlook for U.S. stocks, while somewhat mixed, is still firmly bearish based on our indicators. A serious decline in the major indices is still a distinct possibility as we head into November. Stock markets abroad, meanwhile, also...
The past week in the equities market has been nothing less than tortuous for the bears as we continue to monitor the market for signs of a continued collapse. Our benchmark Dow Jones Industrial Average gave us yet another "October surprise...