Stocks and commodities are under pressure from the rising dollar. We have already seen a sizable pullback but there may be more to come in the next few trading sessions. While my negative view on stocks and precious metals will rub the gold and silver bugs the wrong way, I just want to point out what is unfolding so everyone sees both sides of the trade. Let’s take a look at some charts and dig right in. Words: 222
December 22nd, 2011 | Posted in Investing,Stock Indices | Read More »
Our work with Gold is based on a “Model” off the late 70’s Gold Bull that has been replicating nicely since we started the Fractal Work with Gold back in 2002 and 2003. Short-term volatile moves in Gold, as we have seen over the past weeks, do not affect our projections based on the model, leaving the expectation of a move in Gold up to $3,000 into mid-year intact as outlined in our previous article entitled Gold Tsunami: on the Cusp of $3000+? Words: 996
December 18th, 2011 | Posted in Gold/Silver,Investing | Read More »
While there has definitely been a bull market in gold over the past 6 years or so it has been aided and abetted to a large degree by the weakness in the US dollar. Seen through the lenses of other currencies, the gold bull has been much less robust. Words: 956
April 7th, 2010 | Posted in Gold/Silver | Read More »
Given the ongoing crisis surrounding the euro, the vulnerability of the British pound from a continued spread of sovereign debt concerns AND the catalyst for a weakening yen, I’m expecting the dollar to continue its upward path against major currencies both in the short-term and longer-term. Words: 738
March 18th, 2010 | Posted in U.S. Dollar | Read More »
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