Last year, the Today show celebrated Tao Porchon-Lynch for inspiring others with her verve for life. At ninety-six years of age, she is recognized by Guinness World Records as the oldest yoga teacher and still going strong. Yoga Journal quotes her as saying “I don’t want to know what I can’t do. I’m only interested in what I can do.” Mental Floss Magazine likewise…
Gold prices dropped $13.57 an ounce yesterday, extending losses into a second session, as concern about the strength of the global economy and the timing of a U.S. interest rate hike kept pressure on commodity prices. Gold’s surge in recent weeks was fueled partly by speculations Fed policymakers will delay interest rate plans. Long-side profit…
Video Length: 00:01:57 During the session on Tuesday, there is hardly anything out there that’s going to push the market around as far as economic announcements are concerned. The CB Consumer Confidence number coming out of the United States is the only announcement worth paying attention to, which could possibly move the stock markets, but beyond that we don’t…
EURGBP- With the cross remaining on the offensive, we look for more strength to build up. While it holds above the 0.7360 zone, expect more strength possibly towards the 0.7482/0.7500 region. On the upside, resistance lies at the 0.7450 level where a violation if seen will turn risk towards the 0.7500 level. On further upside,…
I am often amused by the Western media’s readiness to attribute godlike powers of long-term planning and Sun-Tzu-like strategic brilliance to China’s leadership. A well-known anecdote illustrates the point. Zhou Enlai, Premier of China in the Mao era, who when asked by Henry Kissinger about the French Revolution, is reputed to have replied, “It’s too early…
DOW – 312 = 16,001 SPX – 49 = 1881 NAS – 142 = 4543 10 YR YLD – .07 = 2.09% OIL – .03 = 44.40 GOLD – 14.20 = 1133.10 SILV – .53 = 14.70 Well, this was just ugly. All three major indices traded in correction territory today or more than 10 percent…
I first posted the attached three weeks ago, and here we are again, knocking on the door of the Bullard Rip low of last October 15th. While we will know soon enough whether this battered and bloodied bull will give up the ghost on this trip down and slice through 1867 on the S&P 500 or stage…
A Bear market from this Correction is more likely than not Yield Curve suggests Bull has further to go Breadth measures suggest Bull is exhausted Triple top and Head & Shoulders pattern suggests breakout to the downside 4 Factor Technical indicator suggests Bear is around the corner [the following is a copy of our letter to…
Of course, gold’s value lies in its scarcity. But just how scarce is it, really? We all have a vague idea, but you will probably still find the reality quite shocking. A series of 12 stunning visualizations of gold published by Visual Capitalists puts the rarity of gold into vivid perspective. Demonocracy.info put together this…
So now we have all noticed that the Fed eschewed tightening a week and a half ago, and we have digested all of the analysis of the “negative dots” which indicate some member of the Fed projected not just unchanged rates but actually negative rates. (Incidentally, here is a good article in The Telegraph about…
