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Markets by Sector

Soros Lost Big on the Pound This Time

COMMENT: Soros has been long gold and sold all his stocks. He made a fortune. REPLY: No professional trader tells people what he will do in advance. Those...

It’s Not the British – It’s the EU

  While everyone is busy blaming the Brits, the real culprit is the EU. The audacity of various EU ministers demanding immediate withdraw is akin to a spouse...

The Reversal Phenomenon

QUESTION: Marty; I have been reading your blog on gold and get all your reports. One things that I have notices was this 1206 number. Back in 2013, it was important...

Dow – Down & Dirty?

The Dow has been bouncing off the Reversals as well. Despite being above 17800, it would fail to close above that. The question becomes WHEN will the Dow breakout...

Private Blog Metals Update

Private Blog Metals...

Awesome Collapse in Pound as “Leave” Vote is Ahead by Almost 300,000

This is what happens in a panic. Dealers step back and spreads widen. Sell and buy orders at the market are simply filled as they come in. It appears the bookies...

Buy the Rumor – Sell the News

Our numbers today are 1259.30 in gold nearest futures, 1.4830 in the cash pound, and 18018 in the Dow. Gold has crashed, testing the key support again, and the Dow...

EU Wants to Charge Social Security Taxes on Robots As If They Were People

Japan’s Toshiba 6502.T robot has taken on human form and visitors to the world’s biggest travel show in March were greeted by a lifelike robot. Under...

BREXIT & the Fraud Begins

COMMENT: Marty; Nobody paid any attention to BREXIT but you. Now Everyone is talking about how it will be a big deal for the world economy. Guess they took the...

Gold Almost – The Close of June 17, 2016

Gold closed above the 1280 Weekly Bullish, yet below 1299 despite the fact that it pushed up to 1301 after the close. Notice that gold rallied up to 1318.90, and...