The correlations between gold and the general stock market reminded us of a question regarding whether we felt gold was starting to trade along with the stock market. This may seem to be true this week, but we doubt this will last.
U.S. equities opened higher this morning and are setting up for a sharp pullback based on technical analysis using trends, cycles, momentum, volume, market breadth and key resistance zones. Take a look at these charts for a quick flash.
The silver market has taken a nose dive in recent trading sessions, leaving many of those positioned on the long side underwater. Taking a deep breath, it may be time to acknowledge the difference between physical and paper
Traders stampeded out of gold, emerging markets and bonds this month, setting record monthly outflows in June. Ever since the Federal Reserve hinted that signs of a stronger economy could allow for a slowdown of stimulus, markets have protested the news.
It’s challenging to have the fortitude to hold on to investments during a one-day carnage event like last Thursday. Everywhere you looked there was red on the screen. So what should an investor do after a day like Thursday?
For most investors, the market for gold and silver stocks resembles a battlefield littered with the dead and dying, especially after the last day or two. The key for investors is picking those stocks that have the best chance for survival, and sticking with them until they are able to recover.
Both stocks and gold are due to revert to their means. Short-term the stock market is getting significantly oversold and if we get a down day tomorrow I would expect some kind of bounce off of the 1600 level.
One look at the headlines will tell you the gold bull market is officially over: The stock market is booming, a modest recovery of the U.S. economy is underway, and the dollar is dominating the forex. Does anyone really believe this story at this point?
Given this rising interest rate environment, we wondered how gold, oil and other commodities, as well as energy and materials stocks have historically performed. With a hot economy, will we see hot commodities?