GLD - on buy signal.
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GLD - on buy signal.
Many observers to the wild gyrations, deep contortions, extreme measures, and other bizarre activity in the government and banking arenas are suffering from severe confusion.
One of the many tools available to economists and analysts in determining the suitability of fiscal or economic policy is partial equilibrium (PE) analysis.
One of the many tools available to economists and analysts in determining the suitability of fiscal or economic policy is partial equilibrium (PE) analysis.
In the last update we were looking for gold to turn lower, it did turn lower and dropped quite heavily back to its 200-day moving average.
"Now a man can work a whole year and earn $40,000 (£25,000) and work hard for that. And now the government can in a millisecond print the same amount of money and that's what they do.
GLD - on buy signal.
Ostrich investors are a major driving force in today's financial markets. As the name implies, they are hiding their heads in the sand like the popular literary perception of the king of birds.
History is being made. The American public has never been no nervous, perhaps fearful of something dreadful and imminent. The global monetary system is crumbling. The typical stimulus has failed to jumpstart the USEconomy.
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and cor
Prices continue to churn as traders and investors try to figure if they want their hard earned dollar in cash or investments.
The S&P500 once again was rebuffed from falling markedly below the very significant 1070 level which could mean we are heading higher once again, at least for the short term.
GLD - on buy signal.
Silver has been drifting in a rather lackluster summer. Ever since surging to $19.50 in mid-May, this often-popular white metal has been grinding sideways to lower. By late July it had fallen over 10% to about $17.50.
Trading commodities and indexes through the use of exchange traded funds sure keeps things simple for an average trader.
Gold and the Dollar: Going Higher Together?
The Federal Reserves announcement this past week that they will monetize their debt sent markets reeling initially, but they seem to have somewhat stabilized, at least for now.
GLD - on buy signal.
Precious-metals stocks really haven't had a great summer by any means. After rallying initially in June, they started relentlessly drifting lower in July. The net result of this lackluster summer trading is a lethargic drift sideways.
The article of July 22nd on "Smoking Guns of USTreasury Monetization" hit more desks, raised more dust, and brought more attention than expected to the heightened malfeasance in progress using USGovt debt securities.
WILL THEY EVER LEARN?
I took some stick over the past week for my predictions that the market was about to "come a cropper", in the Message to Wall St and Friday's Candlestick Warnings articles.
I find it amazing how many traders do not use volume as a factor in their trading decisions.
Anyone who has kids or has been around them whatsoever knows this weeks title is Buzz Light years oft repeated phrase.
GLD - buy signal this week.
Commodities have been shining recently as the US Dollar loses its luster for investors. Also the weakening dollar has helped boost equities as a lower US dollar helps the large multi national companies.
A theme of frequent mention has been the Paradigm Shift in the financial world. It refers more specifically to the global shift away from a USDollar-centric alignment.
It doesn't have to play out, but a note of warning of the possibility is to be forewarned. Recently, I suggested that the fractal surrogate chart I have from the 70's played out with a final sharp drop in that PM stock surrogate.