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Markets by Sector

Gold & the February Crisis: The Prelude to Chaos

Gold has blown through the daily channel resistance so there is a gap on our reversals between 1209 and 1309. Gold should now press higher to fill that gap. The low...

Interest Rates

QUESTION: Marty; as you know I have worked on the bond desk and am now looking to get out and retire. You are so right. The 10 year is the old 30 year and nobody...

2017: The Great Alignment

QUESTION: Dear Marty, 2011 was the intraday high in gold, but 2012 was the highest yearly closing. Add the 5 units of time bear market, that would potentially bring...

The Game is Over – Market Perspective

The fuse has been lit. The world economy is in serious trouble and we have the worst possible people at the helm. You have Obama who wants to double the funding for...

Gold Looking into February 11

Gold closed higher today, suggesting that we should probably press higher into Friday. Our opening pivot point was 1207.57, which is still well above the closing...

Iran Tries to Kill Petro-Dollars But They Know Not What They Do

Iran has begun to sell oil, but in euros. They think this is some sort of blow to the USA, but in fact, they are taking on the currency risk of the euro. This could...

Opening Pivot Points for Tomorrow

Our opening pivot point tomorrow in gold will be 1217.30. This came down slightly from 1220, but it still reflects where the resistance would stand. In the Dow, it...

Gold

Everything has moved to the extreme, which we will discuss tomorrow. In gold, our opening pivot point for today jumped to 1220.73. That meant an opening below...

The Euro vs. Dollar — Feb. 9, 2016

The euro is still in a position to rally. The general view right now is that the Fed will not raise rates. With the stock market heading lower, this prevailing view...

Gold & the Rally

The talk of the town is that gold can see more upside if rates decline. That seems to be at odds with the view that gold is a hedge against inflation since lower...