In her much anticipated speech at the Federal Reserve Bank of Kansas City Symposium at Jackson Hole, Wyoming, Janet Yellen was wishy-washy, making stocks, bonds, gold and currencies vulnerable. The title of here speech was “The Federal Reserve’s Monetary Policy Toolkit: Past, Present and Future.” Absent from her toolkit is
In her much-anticipated speech at the Federal Reserve Bank of Kansas City Symposium at Jackson Hole, Wyo. on Friday, Janet Yellen started out by eloquently making a clear case for a Fed interest-rate hike. Then it seems she couldn’t help herself and turned wishy-washy. Yellen’s wishy-washiness has made the markets
The sole objective of this article is to help investors make money on gold while staying politically neutral, so I am arguing neither for Donald Trump nor for Hillary Clinton as the next president of the U.S. A call from ABN Amro on July 22 for gold to rise to
Gold, silver and miners have been moving strongly this year. What is not to like for a precious metal investor – negative interest rates, volatility in fiat currencies, slowing global growth, Brexit, conjecture that central banks are running out of ammunition, racial tensions, terrorism, conjecture that inequality may lead to
Traditional technical analysis would say the S&P 500, represented here by the SPDR S&P 500 ETF Trust SPY, has failed again near new highs. Gold, on the other hand, represented by the SPDR Gold Trust GLD, is breaking out to the upside. Therefore, it is a no brainer to sell
On June 23rd, Britain will vote on a referendum to remain or leave the European Union (EU). The referendum is known as Brexit. If Britain votes to leave the EU, gold has potential to jump about $120 in one or two days. It is understandable that the first reaction of
Investors are always interested in the real reason behind moves in stocks and gold. I have previously explained the reason behind gold move in my column titled “Is it time to back up the truck and buy gold and silver?” Thursday, the Japanese yen is at it again. The yen
This post was just published on ZYX Short Sell Change Alert. There is a very long-term short position from a time when silver was near $50. This short position was done throughPSLV. The position is short from an average price of $22.02. As of this writingPSLV is trading at $5.56 and has traded
This post was just published on ZYX Buy Change Alert. Al Arabiya has reported that Iran has seized a U. S. vessel. If true and there is no good reason for such seizure, there will be major impact on all markets. At the moment gold and oil are running and stocks
Why is this gold chart a must-see chart for serious investors and traders? The answer is simple. Those who have followed along have profited handsomely by buying a large core position aggressively in $600s, selling half of the core position at $1904 and selling the remaining half at $1757, undertaking