General markets continued to consolidate while we are seeing some nice moves in select stocks still. It is a stock pickers market at the moment and I am a stock picker!
Long term – on major sell signal since Mar 2012. Short term – on sell signals. Gold sector cycle – down as of 8/8. COT data suggests a top is in for the metals.
Today’s stock valuation is more grossly exaggerated and unrealistically inflated than in the 1920s. Historic testament suggests today’s pie-in-the-sky lofty stock prices are irrational and driven by the artificial force of the Fed’s QE…and fueled by illogical investor...
Gold and silver have been pounded lower over the past month, contrary to their bullish seasonals. This selling pressure has come from the usual suspects, American futures speculators. They’ve been busy aggressively dumping gold and silver futures, particularly on the...
Gold Key Number, Silver vs Gild Signal, Coppock Curve Key Assets, GDX Gold Distribution & GDXJ RSI Leader Analysis via videos.
You'd think that the US dollar has suddenly become strong, and the chart below of the other three major currencies confirms it.
BIG PICTURE – After bottoming out in 2012, America’s housing market has climbed to a 6-year high and it is probable that the 2006-record will be surpassed within the next 2-3 years.