ANNOUNCEMENT To celebrate the fifth anniversary of my VIP Traders Club, I am opening the doors and you will receive a week’s worth of my Trade Alerts starting Monday. You will see in real time how we manage our...
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...
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 stock market bears gasp in disbelief, the Dow powered into even higher highs in the scorching post-Christmas rally yesterday. Does something smell fishy to you about this stunning move? It certainly did to me – until I discovered...
Last time I asked if anyone had seen Santa as markets were in a tailspin a week or so ago. The bulls were in dire need of a Santa Rally alright. And a day late, someone told me he...
That was a terrific week for us. Last Friday October 12, I forecast that the current vigorous stock rally would top out at mid-week on Wednesday. And right on cue, the Dow made its high at 25,850 at am UK time. Most of us were awake to capture that in a short sale! And
Finally! I have read a quote from a money manager that seems to understand how markets really work. In a Bloomberg piece about the tumultuous Turkey shoot, he comments about the record pull-out of South Korean investments in Turkey: ...
ANNOUNCEMENT I have engaged a professional website deign team to upgrade my website and they are working on it as I write. They tell me my site is showing its age! I’m sure they are right. More details as...
This is so much like MSM ping-pong. First there was the yuan scare as the MSM latched onto this story pretty late in the game (as usual). Then we had the Turkey shoot (see last week’s post) where the...
At significant market turns, such as we are now in, divergences between related markets proliferate and become stark. We have them in stocks and gold/silver. Such is the case in stock markets where the leaders in the current stock...
Last time, I explained at length why your views are not nearly as important in forecasting the price path as that of the other traders. Unless you have more funds available than hedge funds, central banks and governments put...
Like most people, I follow the incredible story of UK house prices and their stratospheric ascent in recent years. As I have pointed out before, the chart since WWII shows a lovely five wave pattern Isn’t that pretty? We...