Hi! Is it really all it’s cracked up to be? I think so, but I want you to see for yourself and you don’t have much time to decide. They’re taking this…
One former congressman’s banking nightmare
Bank You Very Much Or “The House Always Wins” Beginning in 1921, bank failures in America increased significantly. There were far too many banks and they were virtually unregulated. Taking note of…
Gold Daily Technical Outlook
Comex Gold (GC) Gold’s sharp rally sent it through 974.3 resistance as well as upper trend line resistance, suggesting recent triangle consolidation might be completed already. At this point, intraday bias remains…
Silver Daily Technical Outlook
Comex Silver (SI) Silver rises sharply higher today and the break of 15.185 resistance confirms that whole rally from 12.435 has resumed. At this point, intraday bias remains on the upside for…
Crude Oil Daily Technical Outlook
Nymex Crude Oil (CL) With 4 hours MACD crossed above signal line, an intraday low is in place at 67.43 and outlook is turned neutral for the moment. Nevertheless, another fall is…
Natural Gas Daily Technical Outlook
Nymex Natural Gas (NG) Natural ga’s down trend resumes by taking out 2.692 low and at this point, intraday bias remains on the downside as loing as 2.913 minor resistance holds. Current…
Reasons For Gold’s Rally: Return Of Safe-Haven Appeal And Seasonality
Gold price rallied +2.3% to 978.5 Wednesday despite weakness in equity and oil prices. Investors’ concern over the US banking sector boosted demand for safe haven. As we noted yesterday, gold’s firmness…
Commodities Strengthen As China Stocks Rebound
Crude oil price rebounds above 69 as rally in China stock market boosted confidence on better oil demand. Reports show that crude oil production in Russia rose +1.3% yoy to 9925M bpd…
The Nasdaq cut open and broken down
Today we are going to be examining the NASDAQ Index. This market, which made its peak in 2000 at the height of the dot com bubble, remains in a secular bear market….
Can we save the economy from a walking financial disaster?
When one of the most powerful people in Congress says, “There ought to be a law,” you might want to duck for cover. That’s especially true when that person is Barney Frank…