Editorials

February 26, 2020

The market crash called for on the site on the 15th, right before it started, is now going full bore, and in this update we are going to consider the short-term outlook, especially insofar as it impacts upon our Tech sector puts, and also the grim longer-term...

I don’t know about you, but I never thought I’d see the day when the yield on the 30-year Treasury bond dipped below 2 percent, let alone 1.8 percent. And yet that’s precisely what happened on Tuesday as investors weighed the global impact of the coronavirus virus,...

Much remains concerning the corona-virus, its potential planning, or else its exploited event. The discussion and debate, along with investigations and accusations, will remain for a long time. This is an historical event, like 9/11, certain to change the global...

Back in 2019, we often wrote of how Fed Chairman Powell was being painted into a policy corner by the bond market. We knew this would force fed fund rate cuts, and it did. And now here we are again in 2020.

In his State of the Union victory lap, the president crowed that the “great American comeback” entered this decade with the longest bull-run in American history. Unsaid is that in dancing to all time highs, the bond and stock markets are priced for perfection. In...

Gold has rallied extensively from the lows near $1560 over the past 2 weeks.  At first, this rally didn’t catch too much attention with traders, but now the rally has reached new highs above $1613 and may attempt a move above $1750 as...

February 25, 2020

Sector expert Michael Ballanger charts the latest changes in the markets and prognosticates on when and why silver prices should make a move.

The US stock market is in “sleigh ride” mode against gold stocks. Yesterday was another day of disappointment, fear, and outright terror… for most investors who are locked in the Dow versus GDX sled. The disintegration of the US stock market against GDX began long...

Two economic reports were released which demonstrate that the money printing is not helping the economy. In the fourth quarter of 2019, U.S. household debt pushed over $14 trillion, reaching an all-time record high. This was fueled by a surge in mortgage and credit...

I went out in the afternoon with gold screaming upward on COVID-19 hysteria. I see something like that and I mentally prepare for the “volatility violence” we talked about in last weekend’s edition of NFTRH (#591).

The gold futures contract gained 1.69% on Monday, as it further accelerated its uptrend following breaking above $1,600 mark. The price of gold is the highest since early 2013. Investors keep buying the safe-haven asset amid corona virus outbreak, economic slowdown...

Keeping up appearances is about to get a lot harder for the central planners trying to manage perceptions of the U.S. (and global) economy. The coronavirus is going to have a meaningful impact on global supply chains, even if stock market cheerleaders haven’t fully...

February 24, 2020

And it’s not just gold. The Fed is already hinting that more money printing is coming.  Powell suggested at his semi-annual Congressional testimony that QE would be used in the next recession.  A couple other Fed officials this week confirmed that the FOMC is...

Gold rally goes on, reaching almost $1,700 per ounce. What the heck is just happening in the precious metals market? Wow, what an escalation! On Thursday, we reported that gold jumped above $1,600. On Friday, its price surpassed $1,640, as the chart below shows. And...

The best performing metal this week was palladium, up 11.52 percent as precious metals had a stellar week. Gold hit a seven-year high this week, holding above $1,600 an ounce to the highest since February 2013 largely on coronavirus fears.

Indian news organizations are going crazy about India’s having discovered a major gold mine in Uttar Pradesh. India has claimed to have found a mine containing 3,500 tonnes of gold. This would be, by a massive margin, the biggest gold mine in the world, in a country...

Billionaire Eric Sprott Recently Shared His Secrets of Success + his 3 Mining Stock Investments Striking the Motherlode amid Coronavirus Scare. Global Economic Slowdown plus Coronavirus Pandemic Creates Rare, Perfect Setting For Gold and Silver to Thrive

The gold futures contract gained 1.75% on Friday, as it accelerated its uptrend following breaking above $1,600 mark. The price of gold is the highest since the early 2013. Investors keep buying the safe-haven asset amid corona virus outbreak, economic slowdown...

Quite a bit of information can be gleaned from the US Treasury Yield Curve charts.  There are two very interesting components that we identified from the Yield Curve charts below.  First, the bottom in late 2018 was a very important price bottom in the US markets...

The current 65-point pull-back in the SPX is only a blip on the weekly chart. And it will probably stay that way if this correction is only caused by the bottoming action of the 20-wk cycle. But we’ll need to make sure that this is confirmed by future market action...

February 23, 2020

Last week's trading saw its low registered in Monday's session, here doing so with the tag of the 1581.80 figure (April, 2020 contract). From there, a straight shot higher was seen into late-week, with the metal running all the way up to a Friday peak of 1652.10 -...

Indeed there 'tis in the Gold Scoreboard: "Gold Forecast High for 2020: 1675". With actual price having settled out the week yesterday (Friday) at 1646, the high en route was 1652, just 23 li'l ole points away from 1675. And 'tis only February!

If you are wondering why gold is starting to accelerate away to the upside, you need look no farther than the following amazing chart forwarded to me by reader Larry Fike, which Larry has kindly given me permission to reproduce in this update…

The week closed with the Dow Jones Index down almost 2% from its last all-time high. Realize the bulls are only happy when the object of their affection is making new all-time highs, something the Dow Jones failed to do this week.

February 22, 2020

Our proprietary cycle indicator is now up. To public readers of our updates, our cycle indicator is one of the most effective timing tool for traders and investors. It is not perfect, because periodically the market can be more volatile and can result in short term...

February 21, 2020

Here are today's videos and charts. The videos are viewable on mobile phones as well as computers.

Gold is enjoying an awesome week, surging back above $1600 for the first time in nearly 7 years!  That big round psychologically-heavy level is really catching traders’ attention, great improving sentiment.  Yet this recent gold surge has proven peculiar.  Unlike...

“Minsky Moment” refers to the idea that periods of bullish speculation will eventually lead to a crisis, wherein a sudden decline in optimism causes a spectacular market crash. Named after economist Hyman Minsky, the theory centers around the inherent instability of...

The gold futures contact gained 0.54% on Thursday, as it extended the recent advance even further above $1,600 mark. The price of gold has reached new medium-term high of $1,626.50. It is the highest since 2013. Investors keep buying the safe-haven asset despite...

Teaser: $500 billion. This is the sum the Fed has already pumped into the repo market since the crisis there started. We invite you to read our today’s article, which examines the situation in the US repo market, and learn whether the investors should worry about...

February 20, 2020

Ladies and Gentleman, gold has overcome yet another barrier, jumping above $1,600 amid the fresh FOMC minutes and the renewed fears about the coronavirus economic consequences. What’s next for the yellow metal?

The Incas thought gold represented the glory of their sun god and referred to the precious metal as “Tears of the Sun.”

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