Gold prices advanced on Monday to log their highest settlement in nearly three weeks as political turmoil in Greece and weakness in equities spurred demand. European shares were under pressure after the Greek bourse continued to sink and sharp falls in regional inflation numbers out of Germany stoked fears of deflation. Both the Dow Jones, and…
As the U.S. bull market is turning six years of age, growth investing is gaining huge popularity. Because growth investing is basically a momentum play, it is a great strategy in a trending market (a market characterized by a prolonged uptrend). Naturally, when the broader market sentiments have a predetermined positive direction, there is hardly…
By most measures, one would think that 2014 was a relatively quiet year for the VIX and equity volatility in general. In fact, the average VIX of 14.19 was the lowest for the full year since 2006 and the third lowest going back to 1995. Of course, averages can be misleading and just as you…
Economists are among the most optimistic groups on the planet. Year in, year out they project improvements in growth. So today, despite despite 4th Consecutive Decline in Factory Orders, it’s no surprise that economists remain optimistic. Orders to U.S. factories fell for a fourth straight month in November, with demand in a key category that…
It appears “the trend is your friend” is only a mantra that ‘speculators’ are willing to follow for stocks as the incessant rally in US Treasury bonds has led traders to position for higher rates at the largest level since May 2010 (more short squeeze, rates to 1%-handle ammunition?). However, the surging stock market has merely encouraged more to…
In a world where just about anyone with an idea and a couple of bucks can attempt to create the “next big thing,” it is rare to come across a startup that genuinely has a compelling value proposition. Nevertheless, I believe Quicklegal is one such opportunity, and I encourage readers to visit the company’s website, www.quicklegal.com,…
Tensions between Russia, and the West continue to push precious metals higher. Gold climbed back above the critical $1200 mark. Once again the Greek debacle is coming back to haunt markets as investors fear another decline in the Euro. The Dow was down over 300 points yesterday as investors are beginning to brace for uncertainty…
A sharp fall in the price of crude oil sent FX traders flocking to the safe haven currencies which sent the Japanese Yen surging. Also adding to the flight to safety are mounting worries over the strength of the world’s economy, uncertainty over the upcoming Greek election and growing deflationary fears for the Eurozone. According…
‘We are in a currency war,’ says Jim Rickards, writer of The Death of Money. In 2011 we saw a weaker dollar, today we see a stronger dollar and Jim Rickards expects that we will see a weaker dollar once again soon enough. His message? Buy gold before it is too late… Strong…
The BUBBLE for 2015.75 should be the bond market – not stocks. The capital flows should move into the typical flight to quality mode and drive rates even lower. This will set the stage for BIG BANG. To accomplish that, we should see the stock markets tread water, but not necessarily drive off the cliff….
