Tom McClellan

Tom McClellan Articles

Congress and the White House seem intent upon spending a lot more of our money. In the past 12 months ending in February 2021, the federal government has spent $2 for every $1 it took in. That has boosted the deficit up to an amount never...
Back in February 2019, I gave a brief lesson on a bit of charting magic known as a “rainbow convergence”.  T-Bond prices this month have given us another great opportunity to examine this topic.
Since bottoming on Dec. 12, gold has had an impressive run higher, closing up on 13 out of the past 14 trading days.  Or at least that’s true for gold prices measured in dollars.
We are now entering the upward phase of gold’s 8-year cycle, and that should bring some fun gains. And this comes at a time when gold has not been getting much of investors’ attention. If gold stays flat for a year, and Bitcoin twinkles to...
The purity of gold is measured in carat weight.

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