The Bible teaches: "You can't change other people, you can only change yourself". Will We Ever Learn?
Gold Market Analysis
Technical analysis to forecast future price trends of gold and other precious metals, as well as the US Dollar and the Euro.
As I've stated in countless article before, the Fed is good at nothing but blowing bubbles.
Last week was volatile thanks to China raising their interest rates a quarter basis point. This rate hike caused the Dollar to spike in value which in turn forced equities and metals to sell off sharply.
The G20 meetings this weekend seem to have ended as they began. The two heavyweights are China and the US.
Gold has enjoyed a relentless and rather one-sided rally since late July.
Before I get to the meat of this short article, I'd like to say that the correction in Gold is very welcomed by me.
The Chinese are clever people. Their leaders play a good game of chess in the global scramble for commodity supply and financial dominance.
I'm just saying that I've been thinking about 'Risk' and specifically about risk in the securities markets. What prompted that thought?
With QE2 apparently coming within the next few weeks, markets are shedding off the more common October blues and rallying.
Gold's relentless climb to new record highs is driving a renaissance of investor interest in junior gold stocks.
Long time readers may recall that I lived in Copiapo, Chile for quite a while - 2 years to be exact, although I now live in the very different Lake District in southern Chile, near
It's been an interesting week with stocks, commodities and currencies having a knee jerk reaction to the FOMC minutes released Tuesday afternoon.
"A government that robs Peter to pay Paul can always count on Paul's support." -- G.B. Shaw
The increasingly visible vote of no confidence in the fast failing USGovt financial structure, and in the missing capital formation apparatus that was once Wall Street, and in the entire avalanche of paper i
The metals corrected slightly this past week and look about ready to put on hold, their runs higher. Don't worry though, it won't last long.
Inspired by gold's relentless momentum, investors drove the flagship HUI gold-stock index to new all-time highs this week.
We are on the point of a major breakout by Precious Metals stocks that is expected to lead to a powerful rally.
Wednesday's session closed mixed on the day. The DOW posted a third of a percent gain while the tech sector closed down almost nine tenths of a percent.
There is no shortage of predictions and opinions, experts and forecasters, theories and ideas. Despite this, certainty is in short supply and chaos threatens to become the new norm.
I am quite often asked by readers "what do you think will happen?" in some monetary Armageddon-scenario, such as the complete collapse of the entire, global fiat-currency system, or 'merely' the collapse of
Investors around the globe are concerned with the economic outlook, not only with the United States but with virtually every country.
Two of our three requirements for a major uptrend developing across the Precious Metals sector that were set out in the last Gold and Silver Market updates have now been met - first silver has broken out to
You may find this difficult to believe, but there are over 300 million scrap metal and paper recyclers in the United States.
Wednesday the market didn't tell us anything new.
Human stupidity manifests itself sometimes as a one off act and at other times as an enduring strategy. The experiment with fiat currency falls into the latter category.
Some prefatory stories are highly revealing. Bank of America is badly on the ropes.