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April 17, 2013
The Euro has TWO Daily Bearish Reversals for the close today in New York – 13030 and 13000. A closing beneath these levels should spark a retest of support. Friday is a key day for this week as it is showing up in other markets as well. We need a close ABOVE 13081 on the […]
April 17, 2013
Nigel is absolutely fantastic. There are a few good ones in government. Not many! But we do have to stick together!!!!! Nigel is spectacular. http://www.youtube.com/watch?feature=player_embedded&v=BfK3_kJ4z7k
April 17, 2013
The Dow is starting to get a little tired on the daily level. The Uptrend Channel rests at 14568. A daily closing below 14450 will signal a correction short-term. Volatility starts to rise next week. The Oscillators are confirming on the daily level the market its tired. The big turning point is due the week […]
April 17, 2013
There are actually people hinting behind the curtain that the Feds should take over all pension plans. I suppose they can then manage them like they do Social Security. Will this age of caring so much for us ever end? They are looking at more than $5 trillion there. The next crisis after 2016, who […]
April 17, 2013
As always, when it comes to gold, the conspiracy theories lead the way desperately trying to explain why the gold promoters were never wrong, so buy more now to prove they were always right. The stories range from massive short positions of 400 tons but fail to mention to sell that much there had to […]
April 16, 2013
The ECB has made a study a few days ago claiming that those in Southern Europe are richer than those in Germany to support the view that no more bailouts will take place of banks. The ECB now claims that Cypriots are more wealthy than the Germans. The average assets of a German household is just […]
April 16, 2013
The traditional gold promoters are out in force claiming manipulation. Then there is the authoritative good one: sell offs like this take place when gold stocks drop sharply. These are all excuses as to why they were WRONG and never once ever say sell. This is just salesmanship – not analysis that is ever rooted […]
April 16, 2013
The 2013 Metals Report covering Gold, Silver, Platinum, Palladium, and Copper. This special report covers the possibility of a 5 Year Bear Market into 2016 but illustrates that the bulk of any decline takes place within the first 2 years from a high and should be concluded in 2013/2014. This special report also illustrates our […]
April 16, 2013
One of the solid rumors behind the curtain that has sparked even movement of gold supplies as some are now leaving for even Asia, is Europe is moving toward global taxation and is starting a “money laundering” investigation, which means simply people who they think owe taxes. We will begin to see new parties start […]
April 16, 2013
Gold fell after NY close to 1321.5 in Asia holding the target at 1310. The Weekly Breakline for this week is 1398.6 and this will provide CLOSING resistance at this point. The Major overhead resistance stands at the 3 Monthly Bearish Reversals so we are not going anywhere just yet other than the traditional bounce after […]