We have the benefit of being able to watch daily readership of the website. Yesterday was classic, viewership compared to average was down over two thirds, a telltale sign of a reaction to a big down-day after a sell recommendation. …Continue Reading →
After a quick glance at the charts this morning I would say it would appear that last year’s pattern may hold, where the gold stocks were the early indicators and the stock market followed it down by about 15 trading days….Continue Reading →
The same crowd that orchestrated last years commodity run-up while a recession was unfolding, have tried again this year. It was not quite as successful as last year but it was exciting nevertheless. Over the past 45 days we have…Continue Reading →
In spite of all the talk about inflation and rising commodity prices, the fact remains that gold, oil, and other commodities are rising primarily due to investors with short memories piling into commodity ETF’s to protect themselves. This will end…Continue Reading →
Maybe it is me, but a stronger dollar/higher interest rate scenario will not be in the same ballpark as higher commodities and stocks at this point in the cycle. The next few days remain crucial in terms of market direction…Continue Reading →
The most important aspect of yesterdays market change was the rebound in the dollar and the subsequent drop in many commodities and gold on good volume. It will take a couple of days to see if this turn in sentiment…Continue Reading →
An index we keep of the total value of the stock market divided by the price of gold has rebounded to the level that we saw at the October 10, 2008 stock market price momentum low. After that momentum low…Continue Reading →
The restructuring of the auto industry is kind of the completion of the meltdown prevention phase of the Greenspan Bubble pop. The Obama administration has focused on restructuring the parts of the economy that were too big to fail, like…Continue Reading →
Based on our 2009 outlook which we published here on March 9th, all the major markets that we follow are in the upper quartile of projected prices for this year. Does that mean we should sell them, probably not too aggressively, but…Continue Reading →
There are advisers looking for areas to invest at this juncture. In our opinion your time would be better served by waiting and watching. For most if not all sectors, things are not bad enough to be bearish or good…Continue Reading →