The Gold & Silver Speculator

Posted on by The INO.com Team

The Gold & Silver markets spent yet another quiet week languishing in the summer doldrums essentially going nowhere fast with prices tightly bound within tiny ranges and even weaker trading volumes.

Bulls and Bears alike seem content to wait things out to see just whether something of significance will come to pass 2 weeks from now at month’s end during the Jackson Hole Symposium and ECB Policy Meeting.

For now, “The Song Remains the Same” (Markets = Dead Calm) as both sides of the trade sit idly “Waiting On a Friend.” (Bernanke QE On/Off?) Or “Waiting For the Sun.”(ECB Bailouts) (Thank you to The Led Zeppelin, The Rolling Stones, and The Doors) Continue reading "The Gold & Silver Speculator" →

Morning Index Commentary

Posted on by The INO.com Team

The September NASDAQ 100 was higher overnight as it extends the rally off June's low. Stock-index futures rallied for the fourth time in five days, on mounting optimism that this week's meetings among euro-area leaders will lead to progress in resolving Europe's debt crisis. Stochastics and the RSI are overbought but remain neutral to bullish signaling that sideways to higher prices are possible near-term. If September extends the rally off July's low, psychological resistance crossing at 2800.00 is the next upside target. Continue reading "Morning Index Commentary" →

Big Changes Ahead: Gold Just Became Money Again

Posted on by The INO.com Team

By Doug Hornig, Casey Research

On June 18, the Federal Reserve and FDIC circulated a letter to banks that proposes to harmonize US regulatory capital rules with Basel III.

BASEL III is an accord that tells a bank how much capital it must hold to safeguard its solvency and overall economic stability.

It's a global standard on bank capital adequacy, stress testing, and market liquidity risk.

Here's the important bit: Continue reading "Big Changes Ahead: Gold Just Became Money Again" →

Poll: Will the S&P 500 Index close out the week higher or lower than last Friday’s close?

Posted on by The INO.com Team

The S&P 500 index has closed higher for six weeks in a row. The question on most investors minds this week is, can the S&P 500 make it seven weeks in a row or are we going to see a lower close?

What do you think?

Do you think the S&P500 Index will close higher or lower for the week?

View Results

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Thanks for sharing your view.

Adam

Gold Chart of the Week

Posted on by The INO.com Team

Each week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

WEEKLY GOLD SERIES (August 20-August 24)

After completing what seemed like a fairly strong week in global markets, I now look back at the daily charts for most futures and realize that overall, things were not really all that exciting. While the Treasuries quietly slipped lower day after day, and the Crude Oil and Stock Indexes maintained their upward bias, the US Dollar, the Euro Currency, and the Precious Metals were overall fairly boring. There were no real breaks above or below the ranges that we continue to be stuck in. I suppose the reason there may have been some excitement in the overall trade last week is that despite the low volume (which hit record low in some markets) there were opportunities to hold positions without fear of the intraday or overnight “stop-hunt” that we all have become so accustomed to. If traders sold Treasury or Yen Futures, or bought Crude Oil, Grains or Stock Index Futures to start the week, they had the first chance in a long time to hold out for the directional move. If traders were involved in the Dollar, Euro, Gold or Silver Futures, the same rules applied but there was much less direction to speak of. Continue reading "Gold Chart of the Week" →