This brings me to the point of the title of the article. Should we break down below 3980SPX, that opens the door to a return to the 3700/3800SPX region.
I am not in the camp that the general markets in a secular bear market, I see the market going sideways making it very difficult to make any significant gains in the coming cycle. However in commodities...
Goldman Sachs Group Inc. expects central banks to buy an unprecedented amount of gold in 2023 as some look to diversify their reserves away from the dollar, reports Bloomberg. Jeff Currie noted their target is 1,200 tons of central bank...
Our chart of the week looks at the incredible year of buying of gold by central banks. The highest in 55 years. That allows us to also look at the performance of gold in other currencies and how gold reserves in the US fell precipitously from..
Earlier, I explained here in great detail how AAPL's rallies are driven more by manipulation and short-covering than by bullish buying. It is a sleazy game run by con artists who..
Pressure on the markets as the reports shows the inflation numbers are stronger and more sticky than thought. The idea of one more rate hike and its done. Well if you look at the CME Fed Watch page, you see the odds rising of more rate hikes..
In my last public article on gold, I outlined my expectations for a rally to the $2,428 level. And, as I write this article now, gold is finally giving us the pullback I wanted to see to set up the rally towards that target.
