By Dave KranzlerA couple of my subscribers emailed me expressing frustration over the fact that their recent homebuilder puts are either not moving higher or losing value despite the sell-off in the overall stock market. There's two factors. First, the homebuilder sector has dropped well over 30% since late January. To an extent there may be some seller's fatigue. At some point there will be sho...Read More
By Clint SiegnerThe Democratic party will be moving back into the control room in the House of Representatives.Congress may commemorate the return to split government with a partial shutdown. The feud over construction of a border wall looks like it will not be resolved in time. It could be the first of many political dramas in 2019.The debate over funding for the wall is theater, make no mistak...Read More
By David HaggithThe Big Bear is back. Ursa Major is in the house of the rising sun, and Taurus is in the house of the setting sun. Those are bad signs for investors who are now daily diving into their horoscopes. The market is pouring out of an inverted Big Dipper, otherwise known as the Big Bear (Ursa Major), and no one (not even the Fed chair) nor any positive event seems able to stop it. I ca...Read More
By Justin SmythAssets that are typically the most inversely correlated to the stock market during bear markets have started exploding higher in the last few weeks. The IEF bond ETF broke out of a Stage 1 base recently. The utilities ETF XLU broke out of a Stage 2 continuation pattern and is making new all-time highs. Gold mining stocks are the sector I'm paying very close attention to right no...Read More
By PlungerUsing Charles Dow's well known method of reading the stock market's movements , on Friday December 14th 2018 , the averages confirmed a bearish indication and can now be classified to be in a bear market. This action Friday is the first occurrence of a valid bear market signal in 11 years. Together the Dow Industrials and Transportation averages triggered a bear market signal followi...Read More
EWF Lewis : Firstly, the GDX ETF was created in 2006. From there it bounced higher into the September 2011 highs. This not shown on the chart however the price trend was obviously up. The pullback lower into the January 2016 lows corrected the cycle from the all time highs. The bounce from the January 2016 lows was strong enough to suggest it was no longer pulling back lower. It ended that bullish...Read More
Early investors could see a windfall as this invention unlocks $15.7 trillion in revenue.It's been called humanity's last invention...The "king of disrupters."And "the most important conversation of our time."Insiders are already predicting it will have a bigger economic impact than the steam engine, electricity and the internet...The World Economic Forum claims it will usher in the "4th industria...Read More
Gold is not only flowing from West to East.It is also flowing into the house account at Goldman Sachs. Or at least the paper claims for it in New York.Below is the monthly report showing the large amounts of physical gold which have been steadily flowing through the Shanghai markets into strong hands in China.Few commentators are talking about this.What is less familiar, and what I have not read...Read More
Fastmarkets MB organized a North Africa Steel Summit on Thursday December 13 in Dubai, which immediately followed the Middle East Iron and Steel Conference.What follows are the main topics discussed at the summit by two key Egyptian speakers.1) Egypt has over 13 million tonnes per year of steel production capacity, which according to Nourhan Ashry, vice president at Ashry Steel - Egyptian tube and...Read More
Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More
Zero. The US inflation rate was unchanged in November. What does the flat CPI mean for the gold market? What Happened With Inflation?The CPI was unchanged in November, following an increase of 0.3 percent in October. It was the weakest number since March 2018, when monthly inflation fell about 0.1 percent. However, the flat reading was caused by a sharp decline in the price of gasoline – tha...Read More
The stock market "secret" no one is talking about.The world's richest investors have been using this simple "trick" to build massive fortunes for decades.They've done everything in their power to hide the truth from individual investors. In the process they've created a totally uneven playing field... where most of the players don't even know the rules of the game.This lack of fairness is one of...Read More
Our team of researchers, at www.TheTechnicalTraders.com, believe the recent upward price move in Gold has reached a level where prices will pause and retrace a bit before the next big leg higher begins.The recent downward pricing pressures in the US and global stock markets have prompted Gold to move well above recent highs near $1242. We predicted this move over 40 days ago with this resear...Read More
Full Article: Outlook 2019 - Rush to SafetyBy: Kitco News(Kitco News) - Once again the Kitco News team has been working hard to create the definitive resource for precious metals investors ahead of 2019.Our efforts have again paid off with today's launch of 2019 Outlook - Rush To Safety. I have lost count of all the bank reports we have read, analysts we have talked to, and data we have review...Read More
Precious metals expert Michael Ballanger discusses the role of silver historically as well as recent moves in the market. Could there have ever been constructed four finer sentences strung together for the purpose of defining eight items related to money and social standing than the following?"Gold is the money of kings. Silver is the money of gentlemen. Barter is the money of peasants. And debt i...Read More
Early investors stand to reap the rewards as a new technology looks to change everything.One research firm - which recommended Google and Amazon before they became household names - has built a worldwide reputation of identifying profitable tech trends well before Wall Street and the talking heads on T.V.And just recently, they've uncovered a technology that's already being labeled "humanity's las...Read More
Our proprietary Fibonacci predictive modeling system is suggesting Natural Gas is about to break down below the $4.30 level and move aggressively toward the $3.05~3.25 level. This could be an incredible move for energy traders and a complete bust for existing longs.This Weekly Natural Gas chart is showing our Fibonacci Predictive modeling system and highlighting the lower support price targe...Read More
Fewmarkets are as depressed – and, as many analysts argue, suppressed – as silver.Prices for the white metal continue to languish in a low-level trading rangeamidst lackluster demand.Theupshot for investors is that they can nowobtain silver bullion at both a low spot priceand a low premium above spot.Howlong this buyer’s market will is unknowable last. But given silver’sman...Read More
Prices in all producing and buying regions have been falling, following a downtrend in flat steel markets. There is no expectation of upside in the following weeks, according to sources.AsiaImport prices of the semi-finished product in Asia are likely to remain soft for the remainder of this month amid the sustained weakness in the region's finished flat steel markets. No upside is expected in the...Read More
This won't be the last time that you read this headline.The stock market is crashing again to start the last trading week before Christmas. The Dow and S&P 500 both declined by 2.1% today, while the NASDAQ is down 2.3%. The major drivers of this market decline are slowing growth projections, an escalating trade war between the United States and China, as well as rising interest rates.Investors are...Read More