Tag Archives: precious metals
Stock Market Investing: Technical/Fundamental Battle, Investment Strategy: Ride the Gravy Train, FOMC Policy, Consumer Credit, Busi. Bankruptcy
Stock Market Investing: A battle between investment disciplines has developed over the last 3 weeks. As discussed in the Oct. 28th post, numerous warning signs of a technical nature are flashing. However, last week’s news headlines were replete with US$ bearish/equity market bullish fundamental data. Which discipline will ultimately prevail, technical or fundamental? The answer is unclear, for now we […]
Stock Market Investing, Investment Strategy, Precious Metals Thesis, IMF Sells Gold to India, Conversation with Gary Rosenthal
Stock Market Investing: The equity averages continue to languish, however, as anticipated, the relative strength of precious metals investments soars. The Dow, S&P500 and the NASD all sit at or near their respective lows of the last two weeks while Gold hits a new high for the year at $1,085.65 and Silver crosses $17. Investment Strategy: We have used the […]
Important US$/Gold Events, Basel Compliance, “Option” Mortgages to Explode, U.S. Treasury Stealing Premiums? Volcker Calls for Trading Restrictions
Possible important US$/Gold events in the near future: The G20 meeting in the U.S. city of Pittsburgh on Sept. 24-25: The equity market rally has gained steam over the last few weeks not because of the much discussed possible economic recovery but because of the falling US$. As the US$ sinks to new lows cash in short term […]
US$ Decline, T-Bond Prices Decline / Rates Up, CRB Index Down, Precious Metals Higher
By viewing the five charts above, (UUP = US$, TLT = Treasury bonds, CRB = Commodities, GLD = Gold) you have just witnessed a graphical demonstration of the beginning of the stagflation trade. Those of you who read this blog regularly know we have been warning of the inevitable rise of hyper-inflation at a time when a jobless recovery will […]
Swedish Riksbank Takes Unprecedented Step, FOMC Minutes, Gold Bullish
This story is a must read and read carefully. The unprecedented actions of the Swedish Riksbank may be the precursor to a whole new phase of the quantitative easing shell game. And make no mistake about it, a true shell game is going on with the worlds fiat money supply. The central bankers are moving ever greater amounts of consistently […]
Economy Not in Good Shape; Recent Changes to the Way the U.S. Treasury Tallies Demand at its Bond Auctions
News That Moves Markets RCM Comment: O.K. we have a lot to get to today, so let’s get started. First, I’ve put together a list of economic numbers recently released to offer more evidence in support of my pronouncement that “the economy is not in good shape”. I know this proclamation is not the favored view at the moment. […]
RCM Editorial: Fed Action Leads to Market Reversals: The Cat May Have 9 Lives
A quick update to the post on Friday the 13th: I wrote last Friday that this week’s action would hold some of the keys to unlock the true direction of the markets going forward. Dead cat bounce or a real change in direction? That is the question that needs answering. Allow me to begin by writing that real changes don’t […]
Investment Strategy, Equity Market Trouble, “Positive” GDP, Norway Increases Rates
Stock Market Investing: The equity averages are down another 2.5+% today capping off an awful week during which time the uptrends from March and the 50day moving averages have been violated. The price action should not come as a shock but instead as a reminder of the tightrope the Fed must walk in order to keep this economic house of […]