All posts in "Gold"

Market Talk June 3rd, 2016

June 4, 2016

A strong opening hour (+1%) for the Nikkei on the back of a better than expected data release (Wages and Services) but by late morning had fallen back to unchanged. The second half of the day saw all core indices edge higher to close around 0.5% across the board. All eyes will be on the US […]

Upside-Down Statistics — What is Down, May Be Up

June 3, 2016

The Nonfarm Payrolls came in substantially lower than expected. The dollar dropped with gold rising, but the Dow did not crash on the open in the same percentage move. So what is really going on here? The economy is in a transition phase that is the same as what took place during the 1920s. Back […]

Bankers Forced out of Metals?

May 31, 2016

QUESTION: Mr. Armstrong; I have been trapped by these gold promoters and they indeed are like used car salesmen, worse since they are not regulated. I listened how they were wrong because the bankers were suppressing gold. If the bankers were eliminated, gold would soar to anything like $25,000 to $100,000. Well, the bankers have all been […]

Analysts Lost in the Cavities of their Own Minds?

May 31, 2016

  While all the fundamental gold analysts are blaming Yellen for saying she will raise rates because the economy is doing better so gold is falling out of bed, meanwhile, the stock market has been moving higher despite the rate hike expectations. St. Louis Federal Reserve President James Bullard said global markets appear to be […]

Hillary Doesn’t Get It

May 28, 2016

  There is no question that Hillary is playing the “woman card.” Hillary Clinton will join the all-female cast of “Ghostbusters,” playing that women card to the hilt. Hollywood is the Mecca for liberal females and Democrats who worship a dogma before the big white “Hollywood” sign. They are just as terrible as the mainstream media […]

Market Talk May 27, 2016

May 27, 2016

Asian markets followed the mixed US session with a calm steady reply resulting in gains for the Hang Seng (+0.9%) and the Nikkei edging better (+0.4%) whilst the Shanghai closed small lower. G7 leaders stated that a vote for the UK to leave the European Union it would be a serious global concern. Ahead of […]

We are at The Edge of Meltdown

May 27, 2016

We will have the BREXIT report out next week. This is incredibly important for the fate of Europe hangs in the balance. Politicians are only interested in saving their own jobs. They do not care about the people and the markets reflect this arrogance. Nobody has seen a chart of the Euro v British Pound […]

Market Update

May 27, 2016

The markets are in turmoil. Gold has plunged again trading down trying to flirt with 1206. If we close below 1206 today, then get prepared for a test of 1174 which is the next Monthly Bearish beyond 1240. If we get this signal today, it begins to look like we will break 1000. Failing to […]

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