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Market Talk – August 5, 2015

With the exception of the bond sell-off yesterday, the markets behaved reasonably well – even in thin summer trading. This comes after Federal Reserve Bank of...

Gold – Still Holding For Now

The trading range is defined by our Daily Bearish Reversals at 1080 below and 1109 above. The Energy Models are improving and a closing outside of this range will...

Hedging vs. Trading – What Really Makes the Low?

The lack of understanding with respect to market development is astonishing. The gold promoters desperately continue to argue that demand is somehow rising for...

France Paying Informants to Confiscate Wealth

French customs officials received a tip that lead to the confiscation of a rare painting. The Guardian reported that French customs officers boarded a yacht...

EU Downgraded to NEGATIVE by Standard & Poor’s

Standard & Poor’s 500 Index has lowered the credit outlook for the EU as a whole to NEGATIVE. SPIEGEL Online reported, in addition to the new aid for...

IMF says Yuan is not Ready for Prime Time

The IMF has taken the position that it should put off any move to add the yuan to its Special Drawing Rights currency basket until September 2016. This seems to...

Thank You for the Pictures

  Thank you for sending copies of all the photos people took after “The Forecaster” premiere. They are greatly appreciated. I always like to retain...

Market Talk – August 4, 2015

None of the core Asian Equity Indices managed to trade in positive territory today: Nikkei (down 0.19%), Shanghai (-1.12%), and HSI (-0.92%). We saw weakness again...

Gold & the Commodity DEFLATIONARY Wave

Gold remains extremely weak. We need a daily closing above 1108 to say the low is temporarily in place and a bounce back up is possible. The 1080 level is critical...

The ECM Date October 1 = Fiscal Year-End

Congress kicked the can down the road to precisely the ECM target date. This is when the government will go into shutdown mode. There is a greater than 50/50 chance...