Whilst preparing to "leave the building" as is our wont on FedDays, several hours prior to Wednesday's dastardly deed performed by the FOMC, I enjoyed a brief exchange of emails with a valued colleague up in Montréal, who bemoaned the...
Query: Come this Wednesday, 16 December, shall the Policy Statement from the Federal Open Market Committee confirm their having voted to nick the Federal Reserve Bank's overnight lending rate from 0.25% up a notch to 0.50%?
Specific to Gold's 30-point (+2.8%) gain this past week, in the spirit of our oft referring to the otherwise foundationless fluff of fiat monies as "bow-wow currencies", we rightly ask: "Who let the dogs out?"--(Baha Men, 2000). Answer? A...
Save for Monday (November 30), we've 11 months of 2015 now in the books. And upon digging into our toolbox of "phamous phrases", there are two which come to mind in reflecting on the year-to-date: 1) "Change is an illusion, whereas Price...
Following the Friday 13 November atrocities in the Île-de-France, the Precious Metals secured little "safe-haven" response. But for their wee reactive bounce, 'twas bizarre having both Silver and Gold commence last week with three...
Lacking enough sleep, we write this morning with quite the want for more winks, a very dear broadcast friend of ours having been in the Stade de France last night and penning to us "...Viens juste de rentrer à la radio ... No word for...
'Twas what that we wrote one week ago? Quote: "[Gold's] weekly parabolic trend remains comfortably to the Long side, resting well above the ascending blue dots as we see here." Now one week later, might we defer to the great Inspecteur...
One week ago, we pointed to the then pending Federal Open Market Committee policy statement as a "non-event". Essentially 'twas, despite the buzz. And yet, au contraire, we ought be shaking in our boots now, what? No, not because 'tis...
"What's up, Doc?" Try the Dollar, the Stock Market ... and Gold. Who knew? Surely such positive correlation amongst these three specific markets is a phenomenon not normally found in nature. But on the heels of our having noted a week ago...
In rising 1.9% for the week, the price of Gold has now gained as much as $119/oz. (to 1191) since the year's low (1072) in July, a move of +11.1%. There are Gold equities which have increased multiple times that percentage from their...