Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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Dr. Kent Moors joins FoxBusiness to explain why the traditional ways to determine oil prices aren't telling us as much as they used to — how a new element is intervening to create market volatility, something Moors calls "the Vega Factor." While this may sound like a problem for traders and oil investors, it...
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Lee Adler expounds on why the Fed doesn’t have market risk, but why it was the causa proxima of not only the 2008 stock market crash, but the economic panic that accompanied it. Given the Fed’s record of careening from blunder to blunder un...
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As you know I have never had any doubt that the Fed directly caused the 2008 market collapse. Back in September 2008 I was calling attention to the fact that what the Fed was doing would cause a market crash.
Now I can also say, unequivocally, th...
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Here’s what Bloomberg had to say about this morning’s reported jump in pending home sales (signed sales agreements). Pending sales of U.S. existing houses unexpectedly jumped by a record 10 percent in October, indicating the industry at the center of the last recession is stabilizing as the job market improves. Allow me to phrase...
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Here’s the best stab I’ve seen yet on explaining what happened yesterday. It comes from UnSane over at Capitalstool.com. This is my own pig-ignorant reconstruction of what happened. The Yen went nuts, 4c in an hour. CAD did the same thing, only less so. The currency action was crazy and started well before the...
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The Treasury finished up a light week with a 4 week bill auction that drew another wave of panic buying keep the rate near zero. There’s no real sign of a letup to the mania, as terrified investors continue to seek the “safety” of the shortest term Treasuries. Panic behavior of this nature always...
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The Treasury is throwing $10 billion in new supply on the market this week, sucking cash out of other sectors. $10 billion is not a lot by recent standards, especially including this October when they were pounding the market with $100 to $200 billion per week in new supply. We know what that caused...
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