Lee Adler

Gold Hanging Around- With a Noose

Gold needs a solid uptick today to break the short term downtrend channel and end the risk that it will plunge to the latest 13 week cycle projection. This report covers the key benchmarks to watch, and likely price targets depending on whether gold clears trend resistance.

Bulls Are Overeating The Thanksgiving Turkey, But They’ll Be Puking Next Week

The recovery rally in stocks in October was a direct result of Treasury paydowns, which was a temporary effect. That has been reversed as the debt ceiling was raised and the Treasury returned to the market with a vengeance, pounding it with $310 billion in net new supply since the end of October. $100 billion…