To quote the fictitious, yet widely beloved, Thomas Magnum: "I know what you're thinking." Entitle this piece with the inference that Gold isn't going to go down anymore, and quick as wit, 'twill summarily be flung off the cliff for a few...
Parabolics, that is, which as we below see on a weekly basis have stifled Gold since 20 February. But upon this past Wednesday's being the third strongest upside performance-to-date in 2015, our Captain Endicott successfully navigated Gold...
If you've been sensing, amidst increasing annoyance, within what we recently dubbed "Gold's Flight at 1200", (all of its turbulence and gyrating about notwithstanding), that price is neither breaking out to the upside nor downside, your...
Gold lost 2½ points for the week. Boring? Hardly. And thereto, we give a most deserved tip of the cap to Captain Endicott, who a week ago advised us to return to our seats and buckle up as turbulence aboard Gold's flight was imminent.
Long time readers of The Gold Update have come to learn that our microphones are just about everywhere, even aboard Gold's ongoing flight at (what was) 1200. To wit: "Uhhh, ladies and gentlemen, this is Captain Endicott speaking: you may...
One might even substitute the word "flight" in the above title with "fight", for 1200 is proving more and more to have become a battle line in the sand for Gold. You may recall from three missives ago (28 March's "Gold Managing The Madness...
Astute market observers are likely aware that Mr. James Dimon (JPMorgan Chase's Chairman and President and Chief Executive Officer, like so many folks in this economy having to hold down three jobs), noted in his annual shareholders letter...
The "Big News" presently making the rounds is the "Big Drop" in StateSide payroll creation for the month of March, the number (126,000) being some 50% below that anticipated by expert economists coast-to-coast, et alia.
2015's March Madness has well-exceeded the thrilling bounds of a bunch of talented youngsters running to and fro tossing basketballs, an annual State-Side event that captivates millions of us to the extent that seemingly hours of sports...
And, save for the Dollar, so did "Everything." To wit, at last Sunday's Investors Roundtable, a colleague of ours queried as to whether or not we're in the "Golden Age" of the stock market. The notion is that unsupportable earnings don't...