The Die Is Cast
Since the October rally ended, the SPX formed what looked like an "extended distribution phase" in the form of a rounding top. This is even more apparent on the Dow Jones Composite Index. Early June, it dropped below its 100-DMA, it slightly…
China Resets The Currency Markets
The Chinese central bank is backing its Yuan with GOLD. This may set the Yuan as a "New Reserve Currency.”
If this happens, a new order in global currencies will appear. This would attract new foreign capital. The rest of the world will…
Americans have no idea that the United States is on the brink
Americans have no idea that the United States is on the brink of an economic crash. It is really not conceivable to the majority of Americans. We have been told by President Obama that we are experiencing economic growth and that the economy…
Sweet Spot for Gold Stock Investors
There is no question that precious metals along with gold and silver mining stocks are clearly out of favor with investors. Most of these stocks are 50, 70, even 85% since the 2011 top. It has been a painful ride to the bottom for those who…
If You Have Money in a US Bank Account Be Aware!
The Wall Street Reform and Consumer Protection Act of 2010 is better known as "The Dodd-Frank Act" to the American public. What the American public does not know about, is that it codifies a “bail-in” provision that ensures that the…