As the Fed has cut back on QE, Primary Dealers have also cut back their inventories of Treasuries and the leverage that they use to finance them. That’s not bullish. Here are the details and a few charts along with a suggested strategy to play the dealers’ game, not the one they want you to play as they set up new traders for the kill.
There are 5 mining picks on our chart list while digging gold patiently. Subscribers, click here to download report. Try Lee Adler’s Gold Trader risk…
The long holiday weekend has ended and bulls are back at their desks.
Bullish on Biden’s growing lead in the polls, right? Because when the market was going down 2 weeks ago, the papers said that was because the market feared Biden. I guess traders switched sides, because the charts sure look bullish again all of a sudden.
Wow.
Here’s what to look for to signal that this is for real. Along with a few ideas on how to ride it.
What’s driving the rally? Lee Adler tells Lindsay Williams what he sees in this interview on Strictly Business.
The Treasury’s numbers are in for June and they’re not good. First things first. The BLS jobs data is just BS.
Subscribers, click here to download the report.
Common sense says that as case numbers increase, tax collections would fall and vice versa, REGARDLESS of whether governments imposed lockdowns. So my expectation was that as governors across the country lifted restrictions, case numbers would rise, and tax collections would fall.
Well here we are.
Gold has edged above resistance this morning. Is it a breakout, and if so, what does it mean? This report has answers and a few mining picks to dig.
There are no guarantees in this game. Crashes are extremely rare events. But these are extreme times, and this particular setup calls for extreme caution.
The imbalance between Fed QE and Treasury supply is ugly as as it gets for the next week, but then it gets less ugly. Here’s what you need to know and how you need to see it to trade successfully.
Gold is poised for a breakout. Here’s what to look for and a couple new mining picks to swing.