Among all the choices you have for gold and silver bullion, genuinely historic metal is still around at reasonable prices. The runaway classic is ninety-percent U.S. silver coinage. The lyrical ring of a handful of silver coins speaks not only to the history of the United States but also the entire heritage of sound money….
The red-hot gold stocks have spent most of March in consolidation mode, grinding sideways near their 2016 highs. Interestingly this month’s rally pause is par for the course seasonally in gold-stock bull markets. Like gold itself, this sector tends to slump to a seasonal low in mid-March before embarking on a strong spring rally in…
The SPX at the 2050 level looks like a great place for a ‘pullback’ to begin as indicated in the chart below. There is a potential “distribution topping phase” in which the SPX may pull back to 2000. I see a potential target at 1890. The price has made a series of lower swing highs and lower swing…
Today the BEA released its third estimate of 4th Quarter 2015 GDP. Fourth quarter GDP purportedly increased from 1.0% in the second estimate to 1.4% in the third. The BEA used to label the three estimates as advance, preliminary, and final. Now it’s just 1-2-3. That was a good move because there is nothing final about…
Talk about diminished expectations. This morning’s estimate of 1.4% Q4 GDP growth is being hailed as a pleasant surprise. Which is odd, considering that for most of the past century a number this low would have been seen as weak enough to require emergency action. And that’s just the headline number. Dig a little deeper…
Investing in the waste removal space is probably not for you if you prefer to exercise a very aggressive growth strategy.These days though, it’s best to play it safe.We’ve all seen the market take us for a wild ride in 2016 so far, so it may be wise to tread the safer path.We have rebounded…
EUR/USD The EUR/USD pair initially fell during the course of the session on Thursday, but found enough support below to turn around and form a perfect hammer. This hammer sits upon the top of a massive collection of trading just below, and with that being the case I feel that this hammer has formed at…
We have been covering the consumption tax, pardon, endless spending black hole that is Obamacare for over a year, so we doubt it will come as a surprise to anyone that in 2015 healthcare was the second biggest use of US consumer funds, soaking up a record $1.9 trillion in real dollars, and more importantly for US…
Himax Technologies, Inc. (HIMX), is a fabless semiconductor solution provider, based in China. The Company is engaged in display driver integrated circuits (IC) and timing controllers used in televisions, laptops, monitors, mobile phones, tablets, digital cameras, car navigation and other consumer electronics devices. Last Friday Himax stock crashed and is trading at slightly above $10.00,…
At the beginning of this month, I discussed the monthly statistics for March. To wit: “It is often the case that the month following a negative return month will post a positive return as markets bounce from oversold conditions. However, as shown below, this is not always the case. The chart below shows both February and March…
