Two questions that I’m commonly asked are: “Do you still expect the market to correct next year, even with all this liquidity?” And, “Can the Fed mute the effects of the cycles bottoming in October 2014?”
Gold ran into trouble last week after an encounter with its important 150-day (30-week) moving average. The 150-day MA, which is an important psychological resistance barrier that is programmed into many Wall Street trading algorithms,...
Statistics can sometimes, as we all know, be very misleading. Take the unemployment report for example. If you examine the numbers out of context, you’d be forced to conclude that workforce participation has steadily increased over the...
How expensive was the 16-day partial shutdown of the U.S. government? According to ratings agency Standard & Poor’s, it may have cost the economy a staggering $24 billion.
In what started as a depressing month for gold investors has turned positive with metals and mining stocks posting their best performances since August.
Despite its intent to boost asset prices and restore the economy, the Federal Reserve has run into a major obstacle in achieving that goal. This obstacle is serving as a reminder that ultimately the long-term natural cycles of inflation...
Call it the revenge of the gold bears. Jeffrey Currie, the Goldman Sachs chief commodity analyst whose name inspires dread on all gold bugs who hear it, has made yet another bearish prediction for the gold price.
In recent commentaries we’ve discussed the likelihood of a broad market correction due to a series of divergences among the major averages. The divergence between the Dow and the NASDAQ, for instance, suggests insider distribution. Not...
In recent commentaries we’ve looked at the possible scenario for an October stock market correction. This scenario is based on Kress cycle “echo” considerations as well as a number of technical and market psychology indicators which...
The last couple of weeks have witnessed changing attitudes of large institutions concerning the gold price. A growing number of institutional analysts are become bullish – some them ultra bullish – on gold’s near-term outlook. What makes...