Gold has broken out and is holding its level above the high set in the aftermath of the Trump election upset. Silver is holding its level on the 18 handle. Now gold seems to be consolidating, most lik...
The gold stocks are off to the races again, with big gains mounting. They just staged major breakouts, shattering a vexing consolidation that had trapped them for an entire year. Such momentum early...
Machines are worshipped because they are beautiful and valued because they confer power; they are hated because they are hideous and loathed because they impose slavery. Bertrand Russell Manufacturing...
The stock market has been on a stellar ride this year courtesy of a pickup in global economic activity, robust corporate earnings, and rising consumer confidence. But bouts of volatility and uncertain...
AUDUSD extends its bullish movement from 0.7871 to as high as 0.8095, breaking above the previous high resistance at 0.8065. AUD/USD 4-hour Chart On the upside There is a bullish trend line with suppo...
New York Fed president William Dudley expects the Fed to proceed with its asset reduction plan at the September FOMC meeting. Dudley is upbeat on economy’s underlying trajectory and claims Hurrican...
Over the past two weeks, my market health indicators have bounced around a bit and while doing it have been compressing near the zero line. When this happens, a strong move often follows. At the mome...
The global pension crisis is possibly the biggest issue facing policymakers and CEO’s alike today. Earlier this year research showed that US cities and states face a $3.9 trillion gap in their p...
The US dollar fell precipitously against the Japanese yen and of course, several other currencies around the world, and as we broke down below the 108.50 level, that was a very bearish sign. At the en...
One day after Equifax announced (more than one month after it itself had learned) that its systems had been hacked, resulting in up to 143 million social security numbers, names, addresses, driver...