Gold is setting up to either crash again, or signal an end to its bear market. Here are the benchmarks and triggers to watch.
Long term indicators are now signaling a bear market. But the short run could be a different story. Here’s what to look for this week, including the triggers that could accelerate the crash.
Demand for Treasuries at the regular auctions has risen by slightly more than the increase in new issuance lately. But yields continue to trend higher because selling in the secondary market has outstripped demand. With total systemic liquidity waning thanks to the Fed and its central bank cohorts, this is also bad news for stocks,…
Tax collections fell again in September as the Trump Tax Cut continues to bite into federal revenues.
Gold has stalled at resistance. Here’s what you need to know.
Short term cycles have entered up phases. A 6 month cycle low is due, and a 13 week cycle upturn is overdue but most technical indicators are still weak. Here’s what to look for.
Treasury supply continues to bulge, thanks to the yawning Federal budget defecate, and the fact that the Treasury must raise $30 billion per month to repay the Fed, which is demanding the money back that it lent to the US Government under QE. A tidal wave of supply is set to inundate Wall Street. This…
Gold and and the mining stocks have broken out. It’s a big deal. Here’s what it means.
The market smashed the long term uptrend channel dating back to February 2016 last week. That signals the end of the bull market, although there may still be one or two head fakes before the bear gets to sink its teeth in.
The Fed has shed $293 billion in assets since mid October 2017, when it started the “bloodletting,” or balance sheet “normalization” program. As of this month, it is draining $50 billion per month from the banking system. Anybody who thinks that this is not a problem for the stock market is kidding themselves. This report…