My bottom line: GOLD/SILVER – Bearish US DOLLAR – Bearish STOCKS – Bearish T-BONDS – Bearish In August. I posted two major comments on gold/silver with these headings: Gold is hot – should you buy? Is it time to...
MY BOTTOM LINE: GOLD/SILVER – Bearish STOCKS – Bearish US DOLLAR – Bearish T-BONDS – Bearish Regular readers know that I have been tracking the dollar’s highly convoluted path up to my projected high for some time –...
August is traditionally a volatile month in the stock markets – and this one is no exception. Already we have seen five large waves of 1,000 pips in the Dow up and down this month. As I noted to...
US stocks in particular have been in a melt-up phase since at least the Christmas low with the Dow trading at the 21,500 region. It then staged what can only be described as a ‘melt-up’ rally to the ATH...
Last time I asked the big question: Gold is hot – is it time to buy?. And hot on the heels of my blog came this article last Tuesday on seekingalpha.com: Is it time to add gold and silver...
As long time readers will know, I just love going against the crowd – but only when the time is right! I realise many non-professional traders consider themselves contrarians – but are they? Since a large portion of them...
Last week, my headline asked: Will the Fed lower interest rates next week? Of course, I already knew the answer because the market was already yielding lower rates and the Fed always follows the market as night follows day. ...
We are well and truly into the dog days of summer with reduced trading volumes and relatively gentle market action. This may well persist for a while as Europe’s trading desks will see an exodus for the beaches next...
We are in the last leg of the gold bull – and what a leg! While many MSM pundits are suddenly very bullish on the PMs (after the silver price has advanced from $14.50 to $16 this week alone),...
T-Bonds topped on Thursday 3 July ans as I accurately foresaw last week, the Bond Mania bubble is now bursting with T-Bonds down a hefty 4 handles (big points) since our first short trades a week ago or so....
Far fewer traders/investors trade bonds than get involved in shares and their various indexes. But I have been banging the drum for bonds for some time as I believe we are about to see some huge and very...
On balance, I believe there is one more new high for the Dow for the current move. One reason is the increase in alarmist articles on zerohedge.com. Yes, I know they are in the business of scaring the daylights...