On Thursday, the initial jobless claims rocketed to almost 3.3 million. Quite an unimaginable number. What does it imply for the US economy and the gold market? One of the Most Scariest Things You Will See This Week Would you like to see something scary? I guess not, b...
Arkadiusz Sieron
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March 31, 2020
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In just two weeks of March, around 10 million Americans applied for unemployment benefits. That’s more than during the Great Recession. What does it imply for the US economy and the gold market? US Labor Market Sinks In the previous edition of the Fundam...
Arkadiusz Sieron
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April 7, 2020
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So, did U.S. and Iran just become best friends? Gold’s huge reversal and a decline of about $50 in 24 hours might certainly suggest so to those, who choose to follow the news instead of estimating market’s moves using more reliable tools. ...
Przemyslaw Radomski, CFA
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January 9, 2020
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It’s been a busy week for the markets, which means a busy week for the Bullboards. From new sector mainstays to sudden investment opportunities, we saw a bit of everything over the last week.On...
Jonathon Brown
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September 29, 2022
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On Wednesday, as the kiddies were upset over a swooning S&P, then trading a paltry 5% from the all-time high of 3,027, I tweeted out this graphic that perfectly describes my cynical view of the paper markets around the world. What prompted me to exercise my artis...
Streetwise Reports
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October 8, 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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The rich are getting richer, inequality is on the rise, and the middle class, the backbone of the US economy since the 1950s, is shrinking. In 2018 the three highest-paid chief executives in the United States earned more than the output of several countries. Tesla&Close...
Richard (Rick) Mills
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March 19, 2020
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To underscore the volatility of this past week, consider the price action in Silver. Silver, days ago, had a chance to make its highest monthly close since October 2016. That is well over three years ago. Silver closed the week and the month at its lowest levels in six mon...
Jordan Roy-Byrne, CMT
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March 2, 2020
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On the weekend, there was a drone attack against the world’s largest oil processing facility and a major oilfield in Saudi Arabia. Oil prices have predictably spiked, but how will this geopolitical shock affect the gold market in the days ahead? What Happene...
Arkadiusz Sieron
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September 17, 2019
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The gold price bottomed in late 2015 around $1,050 per ounce. It has since advanced to a high of $1,555 in early September, followed by a pullback to the current price of $1,470. Gold is in a well-defined uptrend channel with higher lows and recently higher highs. The breako...
Jason Hamlin
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November 14, 2019
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