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Private Blog Update Dow & Gold

Private Blog Update Dow &...

Retail Sales of US Equities (Domestic & Foreign) Reaching Historical Low

I have been warning that this has been, perhaps, the most sold rally in history. Domestic buyers and net foreign investors are both approaching historical lows....

British Royal Mint Selling & Sorting Gold for Pensions

The British Royal Mint is looking to sell more of its gold reserves in the form of gold bars for pension funds for the first time. They are charging 1% to store it...

China Corporate Defaults: Good, Bad, or just Ugly?

A fertilizer producer in north China defaulted on bond payments, which is a positive aspect as the state governments are not so eager to bail out failed companies....

Euro – June 9, 2016

As the BREXIT vote nears, capital is starting to jockey for position. The euro has made an outside reversal far to the downside on a daily basis, and it is now...

Gold Private Blog Update

Private Blog...

S&P 500 is Really Cheap

COMMENT: Dear Martin, Another element that strongly supports your view is that US equities will fly at some point in the future. If you take the trailing 10y avg...

Saudi Arabia Banning Short Selling Against the Currency Peg

Saudi Arabia has banned financial products that amount to a short position against the riyal. The measure indicates the high degree of attack that the peg is...

Private Blog Update on the Dow

Private Blog Update on the...

Private Blog Update on Gold

Private Blog Update on...