Gold stocks are often cited as recession proof stocks. Although this has not always been true, they do tend to rise when the economy is in a recessions and/or when the general stock market is in decline or showing relatively little gains. Below, is a long-term chart of the...
Hubert Moolman
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January 27, 2020
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The US Stock market rallied on Friday, October 25, on TESLA earnings crushing expectations as well as news that any positive US trade deal outcomes could see almost immediate removal of future tariffs that are scheduled to be implemented near the end of October. This was enoug...
Chris Vermeulen
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October 28, 2019
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The Dow is at, or very close to a 90-year resistance line: Could a top be in, or is it extremely close? What I do know, from my own research, is that major Dow peaks are extremely important when it comes to Silver rallies. The best part of Silver rallies often com...
Hubert Moolman
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January 30, 2020
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Last week we wrote that near-term risk in precious metals (Gold and GDX especially) was rising and a correction could begin soon. As Gold nearly reached major resistance at $1550/oz, the miners already began to correct. That negative divergence is an ominous signal for the...
Jordan Roy-Byrne, CMT
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August 21, 2019
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Last week we noted that the risks in precious metals were primarily technical. Sentiment and technicals urge caution over the short-term. The net speculative position in Gold has remained high for months while the 21-day daily sentiment index (DSI) hit 81%. Since the s...
Jordan Roy-Byrne, CMT
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February 7, 2020
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So far in 2020, the yield on the 10-year Treasury has averaged an anemic 0.01 percent when adjusted for inflation. Since the end of January, it’s actually dipped below 0 percent, trading as low as negative 0.14 percent on January 31. What this means is...
Frank Holmes
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February 18, 2020
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Is Gold now back in a bull market? Most gold bugs think so and are quick to proclaim that. But, could Gold remain in a secular bear market? It hasn’t made a new all time high in 8 years and the perma-bull, financial asset loving crowd certainly believes so....
Jordan Roy-Byrne, CMT
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September 25, 2019
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Recently, the US stock market rallied to new all-time highs which prompted an almost immediate celebration. A day later, the US stock markets reacted by setting up multiple top rotation patterns. The next day, a moderate price rally set up after the US Fed decreased rates by 2...
Chris Vermeulen
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November 4, 2019
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In yesterday’s Oil Trading Alert , we opened a long position based on crude oil’s exceptional strength, and this position is already over $2 profitable. Crude oil is taking a breather today, but it doesn’t seem that this pause i...
Nadia Simmons & Przemyslaw Radomski
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May 6, 2020
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“It is no longer absurd to think that the nominal yield on U.S. Treasury securities could go negative,” Joachim Fels, PIMCO’s global economic advisor, warned investors last week. “Whenever the world economy next goes into hibernatio...
Frank Holmes
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August 12, 2019
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