The markets have finally cracked and things are about to become a lot more interesting. Today, the price of gold surged more than $60 and silver $0.60 as the markets crumbled. Even though the markets recovered after some TWO-BIT announcement by OPEC stating that they were talking about “Cutting Production” again… I believe the worst…
While we are huge proponents of leveraging low cost and liquid ETFs for virtually every asset class; ETFs that invest in closed-end funds (CEFS) are a different story altogether. The two funds that have garnered the most investor attention in this space are the PowerShares Closed End Fund Composite ETF (PCEF) and the Yieldshares High Income ETF (YYY). Both…
Does EUR/USD have more room to rise? It took a break for now, but could certainly resume its upward move. Here is the explanation from Danske: Here is their view, courtesy of eFXnews: We now expect the ECB to accompany a 10bp rate cut in March with the introduction of a two-tier deposit rate system…
Oil and natural gas prices have been falling for almost a year now, and the decline in prices has seriously hurt the top and bottom lines of many oil and gas producers.Unfortunately for these producers, the prices have continued to decline, and future expectations have drastically fallen as well.One of these producers is Targa Resources (TRGP – Snapshot Report),…
No one but me would be bold and insane enough to suggest fading this mega-rally, but that’s how I roll. I’m not shorting crude oil per se, but I’ll be looking hard at the energy sector:
It was only a few short months ago I was looked upon as if I was suffering from paranoia, seeing monsters in every corner of the market. No many of my subscribers think I have gone mad because I don’t see the obvious signs of a U.S. recession. Meanwhile, equity fund manager and/or strategist after…
What an incredible run in the gold market. Let’s get things straight: this is a short squeeze of epic proportions. The trend channel, which has determined support and resistance in an extremely accurate way for three years, is close to be invalidated. As seen on the chart, the price of gold exploded from support through resistance…
The January retail sales report demonstrates perfectly the nature of this whole recovery, but especially the last year or so when everything holding to the primary narrative boils down to the unemployment rate – a statistic that is more and more determined by peculiar assumptions and calculations. The advance release from the Census Bureau had enough positive…
Roughly 2 ½ years ago readers were introduced to a paradigm of crime, corruption, and control which they now know as “the One Bank.” First they were presented with a definition and description of this crime syndicate. That definition came via a massive computer model constructed by a trio of Swiss academics, and cited with favor by Forbes magazine. The…
Always stay calm while others are panicking – especially in financial markets. There is a lot of talking one`s book going on in the markets with incentives to create panic and hysteria in the financial markets with the media the willing accomplice in how the game is played. The world is rarely a worst case…
