Back to the future When reading fiction of time travel into the past or watching movies about time machines one theme dominates. The people who travel back in time worry immensely about how their behavior alters history. They fear about all the consequences of what they d...
Korbinian Koller
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June 30, 2020
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RARE AND RAPID DROP IN ISM MANUFACTURING ISM Manufacturing PMI Index came in well below expectations on October 1, 2019 sparking renewed fear of a recession. Given the ISM Manufacturing Index was strong in August 2018 and plunged rapidly to the October 1, 2019 lev...
Chris Ciovacco
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October 3, 2019
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THIS IS WHAT A MAJOR TREND REVERSAL LOOKS LIKE The three periods shown below produced an average peak-to-trough loss of over 50%. Thus, it is prudent to understand some of the common characteristics found in all three cases. We can then look for similar characteristics in ...
Chris Ciovacco
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October 16, 2019
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HOW CONCERNING IS THE RECENT SPIKE IN OIL PRICES? Monday’s news was filled with blurbs similar to the one below from CNBC: “Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic g...
Chris Ciovacco
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September 18, 2019
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ROLLOVER PROCESS 2007-2008 Since every trade has a buyer and a seller, price action in the financial markets is determined by the conviction of buyers relative to the conviction of sellers. In the first half of 2007 (chart below), the conviction of buyers became stronger t...
Chris Ciovacco
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September 30, 2019
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Technical analyst Clive Maund presents his dystopian view of the future. The distinguishing feature of fiat money systems is that they are licentious—they are created by corrupt politicians so that they can act without restraint by, for example, promising the citizens...
Streetwise Reports
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September 4, 2019
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The world’s most iconic precious metal has soared back into prominence in recent months, surpassing the $2,400 Canadian mark in mid-May. Yes, indeed, gold is back. Green River Gold Corp. (CCR) ( CSE.CCR , Forum ) was founded in the summer of 2017 by a g...
Dave Jackson
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May 12, 2020
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Exploration is a hunt for minerals. If it was as easy as flying a helicopter survey, taking a few soil samples, and then punching in some corresponding holes, everyone would be successful at it. But it doesn’t work that way, the earth guards her secrets close...
Richard (Rick) Mills
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September 25, 2019
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With gold, we have witnessed the first test of gold's support level, around $1,700/ounce, which I highlighted earlier in April. My next upside target remains the same around $1,900. What is quite significant is the HUI Gold Bugs Index testing the 2016 high. I am sure...
Streetwise Reports
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April 29, 2020
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Arizona may be famous for its gems, but it was silver that put the southwestern state on the mining map. Most visitors who flock to jewelry stores in Scottsdale and Sedona, searching for vibrantly-colored stones like turquoise and malachite, are likely unaware of the fact...
Richard (Rick) Mills
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January 15, 2020
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