Mark J Lundeen
I'm happy to say that this week Barron's magazine published an article I wrote on Electrical Power Consumption. You may want to buy an issue to check it out. Now down to business.
Gold has formed two double bottoms in the chart below:
This past week was unusual as the stock market was under pressure, especially the bank stocks, while the price of gold and silver reversed their declines late in the week! More comments on this in my market update section below.
In Early May, some potentially big things are happening that I want to bring to your attention.
In early May of 2012, the Silver to Gold Ratio (SGR), or the number of ounces of silver that one ounce of gold will buy is looking really good. How is that? While it's true that from its lows of 32 last April, the ratio had retraced all...
Sorry for not writing for most of the month of April, but I've been under the weather for the past few weeks. Now that I'm feeling better I should be back writing weekly articles.
Gold is forming its second bear box since last September. So what does that mean? Well, by taking the daily closings in the price of gold and noting if each day was up or down from the day before, I then add all the +1 & -1 and plot...
There can be no doubt that the stock market is moving on to a new phase in its bull market. No kidding, that's all that CNBC talked about this week. We've certainly seen the Dow flirting with 13,000 over the past month, but we don't know...
"Anti-government extremists opposed to taxes and regulations pose a growing threat to local law enforcement officers in the United States, the FBI warned on Monday. These extremists, sometimes known as "sovereign citizens," believe they...
I haven't posted the Barron's Confidence Index chart for a while, so here it is. Since 1938, Barron's has computed its CI by dividing their Best-Grade Bond Yield by its Intermediate-Grade Bond Yield to derive the CI. I pushed the series...
