Mike Swanson
Mike Swanson Articles
I'm sure you are well aware of the big stock market drop that hit the US stock market on Friday as the DOW fell over 600 points following the UK BREXIT vote. Almost every sector of the stock market fell except for gold and Treasury bonds...
Yesterday the stock market and gold prices fell into their closing bells after the release of minutes of the Federal Reserve’s April meeting. The Federal Reserve did not raise interest rates at that meeting, but the minutes showed that...
Is the market going up or down? That is the question everyone wants to answer right now. They want to know if their losses are going to come to an end. People are incredibly anxious and nervous right now. I know, because I realized last...
The gold smashup - that's what gold bugs have faced over the past several weeks. Just two weeks ago gold appeared to be poised to breakout and begin another big bull run. Everything seemed to be lined up. The XAU and HUI had been...
Two weeks ago the XAU gold stock index attempted to breakout and begin a run to its 52-week highs. After bottoming in May, the XAU rallied up to 95 where it encountered triple resistance - its 150-day moving average, its 50% retracement...
Last week almost every index and market, except the dollar index, fell after the Federal Reserve raised interest rates and admitted in its accompanying statement that there is indeed inflation. Bulls of all stripes got hit hard, while the...
According to Warren Buffett’s Berkshire Hathaway annual report, which is hot off the presses, the world’s most successful investor made $1.8 billion on his foreign exchange bet against the dollar last year.
“Before March 2002, neither...
