Blog/Markets by Sector

The Dow & the May High

So far, so good. The May high held for June and we achieved the lower monthly closing. Things will be choppy ahead for the remainder of the summer; hopefully we [...]

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Shanghai’s Panic Sell-Off

The first window of opportunity for the temp low in the Shanghai will be tomorrow, the July 9. We have target support at 3615000 and key support at the Weekly [...]

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Chicago Considering a 30% Property Tax Increase to Pay Govt. Pensions

COMMENT: Couldn’t help myself – I must share this personal story with your team and the blog readers. After reading Martin for just about a year, I began [...]

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The Euro Crisis Will Not End Until this Line of Thinking Changes

Luis de Guindos, Spain’s economic minister, illustrates that those in European government remain clueless. He said that Greece should remain part of the Eurozone [...]

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Greek Crisis Fails to Stimulate Gold

Despite the greatest political crisis in Europe, there has been “no love for gold” according to CNBC. Indeed, this crisis does in fact warn that all [...]

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Clarifying the Euro

It appears that a June closing on cash below 11095 in the euro will reflect Grexit. A month-end closing for June below 10520 level will be very bearish short-term. [...]

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Gold – The Quick and Dirty

Gold has jumped back above $1200 as short positions were building up by hedge funds with no follow through just yet. The pop is on the idea that the Fed will be [...]

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Is There a Shortage of Gold in Europe? Will It Be Confiscated?

Some people have misread my posting on an observation in Spain. The retail sale of gold coins was virtually nonexistent in Spain. This is not a shortage of gold. In [...]

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Expect Real Estate Mortgages to Become a Nightmare

As a result of Title XIV of The Dodd-Frank Wall Street Reform and Consumer Protection Act, the Consumer Financial Protection Bureau (another agency to complicate [...]

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Metals Still Pointing Down

The precious metals are still pointing lower into our Benchmark targets. Indeed, the hunt for money by government is becoming so severe we may see the second [...]

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