Hello my dear readers and visitors. I’d like to take a moment to wish you all a: Merry Christmas!!! ..and also if the world does not end in 2012 (lol I’m sure…
European Union Agreement: Good or Bad for the Dow Industrials?
By Elliott Wave International Did European Union leaders make the sovereign debt crisis “go away” last week? Not even close. What they did agree on is tougher budget rules: “…17 countries of…
Permanent Crisis: The First 5 Years
Cheer up! This permanent state of emergency is doing a wonderful nothing to unwind the bubble… SO 2012 will mark the fifth anniversary of the global financial crisis. There’s little reason to…
Gold “Could Be Weak but Volatile” to End of Year, “Large Scale Liquidity” Required to Restore Confidence to Markets
London Gold Market Report SPOT MARKET gold prices climbed to $1608 an ounce Tuesday lunchtime in London – a 2.8% gain from last week’s low – while stocks and commodities traded higher, with…
The Stock Market Is Not Physics: Part I
By Elliott Wave International The following series is excerpted from two classic issues of Robert Prechter’s Elliott Wave Theorist. Although originally published in 2004, the valuable series has been re-released in the…
Physical Demand “Will Determine Support for Gold” while Selloff was “Driven by Euro Weakness”
London Gold Market Report WHOLESALE MARKET gold bullion prices rose to $1607 an ounce Monday lunchtime in London – 0.5% up from last Friday’s close – while European stocks and commodities were broadly…
Ron Paul – Beware the Coming Bailouts of Europe
The economic establishment in this country has come to the conclusion that it is not a matter of “if” the United States must intervene in the bailout of the euro, but simply…
BullionVault – The New Year Ahead
The end of 2011 feels unusually dark. Things are getting worse. There is now maybe a 30 percent chance of a steep financial and commercial decline on a par with the Great…
Gold “Remains Under Pressure” as Banks “Forced to Sell Crown Jewels” to Raise Dollars, But Physical Demand for Gold “Responding to Pull Back in Prices”
U.S. DOLLAR gold bullion prices climbed 1% Tuesday morning in London – reaching $1669 per ounce around lunchtime – while stock and commodity markets also regained some ground, despite mounting evidence of…
“Funding Stresses” as Gold Plummets, European Summit Deal “Shows a Lack of Progress”, MF Global Fallout Causes Confusion Over Who Owns Gold Bars
London Gold Market Report SPOT MARKET gold prices dropped to $1670 an ounce Monday lunchtime in London – 2.3% off last week’s closing spot price – while stocks and commodities also fell and…