I think gold noticed I said it always failed and decided, “Oh, YEAH?” As I’ve persistently said, I want gold to thrive. I’ve got a bunch of the stuff in a safe, and I think there is no better jab in the eyeball to Powell tha…
As the coronavirus crisis is wearing off in many parts of the world, supply chain troubles are increasing once more for many companies, mainly concerning the U.S. and the Eurozone. Components of the International Monetary Fund’s purchasing managers’ in…
Over the span of just five years, tech companies have taken over all of the top 8 spots of the World’s Best Employers ranking. In 2017, the first year the ranking was published by Forbes in collaboration with Statista, half of the top 8 companies were …
When it comes to the potentially devastating results of natural disasters, Oceania is the most susceptible. Not only does it show the highest median World Risk Index (WRI) figure, the place with the highest number on the index overall, Vanuatu, is also…
Some passports afford their bearers more freedom than others. In 2021, Japan and Singapore were named the countries with the world’s most powerful passports by the Henley Passport Index. Holders of these passports have the unbeatable luxury of being ab…
At least so far, the majority of Brits haven’t been directly affected by the goods shortages caused in part by a chronic shortage in lorry drivers in the country. Nevertheless, almost a quarter report having been unable to purchase their desired non-es…
Here’s the 2 hour bar chart. While we still have an hourly bear market, the 5 day cycle count and pattern of the past two weeks certainly looks base-y. The levels to watch on the downside are 4327 and 4309. Break those and we could have a bear party.
…
Today’s Fed QE
When all feels hopeless is usually when a bottom arrives. Right now feels semi hopeless. Maybe not a good thing.
If this was a daily chart, it would be a bear market. It’s not. It’s just 2 hour bars. And last week’s triangle breakout looks like a bottom. The current pullback would be a test of the low, and it appears to have reversed in the last hour, as of 6 AM …