The US stock markets mirrored Olympic gold medalist running champion Usain Bolt by earning its own medal with the SPY bolting to highs not seen since April. The US outpaced other stock indexes while registering five consecutive weekly gains. However, unlike Bolt, the Markets are anticipating its next victory based on a fresh round of monetary steroids from the FED and support of the EURO by the ECB. Continue reading "Stocks Indexes Bolt to Recent Highs"
Tag: Guest Bloggers
Chart to Watch - SLV
We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be be analyzing a different chart using the Trade Triangles and his experience.
Today he is going to take a look at the technical picture of the SLV - iShares Silver Trust (SLV) Continue reading "Chart to Watch - SLV"
Deflation: As Good As Gold?
It has been a year since gold began its downward biased consolidation out of the acute phase of the Euro meltdown and resulting hysteria. In that time, the deflation case was released from the jail that had been a heightened public fear of inflation (the pinnacle of which was in spring of 2011, a time when bond king Bill Gross was very famously short long-term US Treasury bonds). Continue reading "Deflation: As Good As Gold?"
WASDE Special Report
By: Craig Turner
The USDA will release the August WASDE tomorrow at 7:30 AM CDT. We are expecting cuts in yield and production for Corn and Soybeans. We are also expecting draws on the global wheat supply.
While many analysts are expecting the USDA to cut yields, production and stocks in this WASDE report, prices will not automatically rally. The market has already priced in the expectations of production cuts. Therefore, it is very important to know the market expectations for the report tomorrow. If the cuts are greater than what the market expects, prices should rally. If cuts are less than what the market expects, prices should decline. If the report comes in as expected, the WASDE could be a non-event in the Grain Markets. Continue reading "WASDE Special Report"
Could Gold Be Tripped Up by a Coming Deflation?
Interview with Jim Puplava, by Jeff Clark, Casey Research
Jim Puplava has robust convictions….
The CEO of Financial Sense News Hour, Jim is a man you should listen to carefully if gold factors in your portfolio or if you are thinking about adding gold anytime soon.
In this interview, Jim talks about how the dollar affects gold prices. Continue reading "Could Gold Be Tripped Up by a Coming Deflation?"
