A crucial point to understand about the bullmarket that is believed to be imminent is that it is likely to be unprecedented in magnitude so that it ends up dwarfing both the 1970’s bullmarket...
U.S. mid-term elections will be all the talk today. Very strange day in the markets yesterday. Pay attention to the charts. A lot of situations where Bollinger bands come into play..
Gold could be the most resilient asset to own if the Federal Reserve continues to raise rates, while stocks might be the worst place to be, with non-dollar currencies falling between the two.
The Federal Reserve continues to raise rates which as we've herein documented ad nauseam found the price of Gold rise +69% from 2004 through 2006 whilst FedFunds rate rose from 1.00% to 5.25%
We've seen this picture before, most notably the rally that took place in late 2007 into 2008 only to have it turn down sharply after topping in May. Beware the suckers rally. Except gold and silver..
