It was 20 years ago that the world stopped. And like the assassination of JFK, for many of us, we'll always remember exactly where we were and what we were doing at that moment. You never get over it, let alone if you loved or knew of...
"Has the S&P crashed yet?" Such query has been woven into a bevy of recent editions of The Gold Update. As penned two missives back: "The stock market crash really is coming; we just don't know when": nobody does.
Long-time readers of The Gold Update know we've hidden microphones in many a salient place, including those still installed at the Salzburg clinical offices of noted analyst in the psychosis of precious metals, Dr. Youara Nichtsogut, to...
Never was anything of such high intrinsic value so unloved: Gold. Never was anything of such low earnings output so adored: the S&P 500. And as you regular readers well know, the current market levels of Gold (1783) and the S&P (...
Gold just posted its best net weekly gain of the last five, price settling yesterday (Friday) at 1782. 'Course, hardly was the week's gain impressive solely by the mere up blip in the above Gold Scoreboard's evolving price track for this...
Adoring Wednesday's ADP report of suddenly slower growth for July's jobs, Gold's price in turn zoomed up from Tuesday's 1810 low to 1835. Abhorring Friday's Bureau of Labor Statistics report of fervently faster growth for July's jobs, Gold...
Ah, August. In a word, the Oxford English Dictionary defines "august" as "impressive": as has historically been the month of August for Gold. Recall what we penned a week ago: "...with August on the horizon, that month has finished higher...
Parsing our title, Gold is gripping in completing a fourth consecutive up week. Moreover per the above Gold Scoreboard, recent weekly closes [green rectangle] continue to track those of a year ago, indeed so much so that were such pattern...
Let's begin with this from the "History Repeats Itself Dept." by having a look at the above Gold Scoreboard. See what we're seein'? (Hint: 'tis in the Gold Weekly panel...)
As the stock market cavorts in making all-time highs nearly every day, (in turn nullifying our "massive top" notion), we briefly begin with this friendly reminder/query: "Has the S&P crashed yet?"