The market action yesterday was what every bull fears: -High volume -Massive distribution -A month end “window dressing” turned into a curtain fire -Market internals…
Posts tagged as “GOLD”
Last night after consuming a Deathburger (only my old listeners and readers would get that), I went to sleep thinking that there is no way…
So much for having a leftover turkey sandwich tonight as it would appear that the financial markets want to have a real Black Friday. That…
Just a few quick observations before I head into the office today… Gold: It needs a weekly close on volume above $1860-$1865 range to move…
Today’s market wrap on many Bubblevision channels and various websites can best be summed up by the two camps: Camp Bearish: Prepare for doom Camp…
As I noted in the brief weekend note Market Alert: Waterfalls Ahead? I warned of the possibility of what appears to be happening today. With…
The moment in history when an Empire collapses is always a terrifying experience for those living in that nation which is the center of the…
Before I pen one of my infamous rants about just how stupid the current economic and market reality really is, a quick look back on…
America’s favorite plastic bull throwing con artist of financial huckster television once made a famous statement on his program which truly marked the top of…
Today, the so-called “greatest Ponzi artist”(according to some) in U.S. history passed away at age 82. The news articles reminded everyone of the fraud, the…
30.06.20 05:45 ET The fixation on the US equities market is amazing and as this author has warned in the past, watch the smart money.…
08.06.20 05:00 ET What I am about to say is not going to get me a lot of kisses, love, or flowers from the goldbug…
04.05.20 20:10 ET Ignore our new reality at your own risk. The equity bulls are about to get slapped around by the ultimate Bugs Bear.
28.04.20 20:20 ET The VIX has been artificially crushed. The speculators who bet that the market had further to fall have been artificially squeezed. Short…
by John Galt24.02.20 05:00 ET There will be a lot of wringing of hands. There will be lies spun by government officials and central banksters.…