Although crude oil futures moved a bit higher yesterday, the major resistance zone created by three gaps and the 61.8% Fibonacci retracement again stopped the buyers. A pullback followed, and the futures invalidated the earlier breakout above the previous peaks. Tog...
Nadia Simmons
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December 9, 2019
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The US Federal Reserve, the country’s central bank, did what many expected on Wednesday, and held interest rates steady, while signaling that a rate cut is on its way. Despite pressure from President Trump to lower interest rates, the Federal Open Market Co...
Richard (Rick) Mills
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June 21, 2019
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The long-anticipated US Federal Reserve decision last Wednesday to notch interest rates downward was, like most of these over-hyped meetings, anti-climactic. Since the central bank in June hinted that a rate cut was in the offing, North American stock markets have trended ...
Richard (Rick) Mills
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August 7, 2019
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Rudi Fronk and Jim Anthony, co-founders of Seabridge Gold, discuss Fed policies and what they mean for gold. In our view, the gold story is getting much simpler and much more urgent. Here is how we see it. The Fed cannot exit QE. QE is a failed policy. More QE is comi...
Streetwise Reports
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March 26, 2019
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Back in 2013 I recall having a bearish view on the stock market due to extremely bullish sentiment readings. The market completely ignored that, made a major breakout through 13 year resistance and continued running for years. Lesson learned. Turning to Gold, we find s...
Jordan Roy-Byrne, CMT
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February 27, 2019
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As everyone knows, these past couple of weeks have seen the markets on a wild ride, based on concerns about the coronavirus, culminating in the sharpest declines in most markets since 2008, and many for much longer. By Friday, no market or sector had escaped the slaughter...
Streetwise Reports
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March 18, 2020
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Tuesday’s session brought us another day of strong selling that overpowered whatever buying attempts emerged. And it turned out that yesterday’s premarket upswing was the key one. Before the closing bell, stocks slid through not one, but two imp...
Monica Kingsley
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February 26, 2020
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Many times in the past, the relationship between gold and oil gave us valuable clues about crude oil future moves. Will the history repeat itself once again? What can we infer about the next gold move from the chart below? Let’s examine the cu...
Nadia Simmons
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October 29, 2019
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Please call me for your next bullion purchase 855.505.1900 or email: maurice@milesfranklin.com
Maurice Jackson
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March 19, 2020
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This week has been a wild and emotional one and it’s just started! With Monday’s big pop in the stock indexes, the big rally was based on vaccine news and bullish comments from the fed, convincing most traders and investors to be overly...
Chris Vermeulen
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May 20, 2020
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