By Turd Ferguson | Wednesday, April 22, 2015 at 11:29 am
Sorry for the delay in getting this posted today. Apparently some issues at my podcast server company. But all is well now and I urge you to carve out some time today to listen to this very important update from JB and Professor Cohen.
By Turd Ferguson | Wednesday, April 22, 2015 at 11:18 am
And why is gold down today? Is it the fundamentals? Could it have something to do with physical supply and demand? Maybe some major seller has appeared? Nope. The yen is down, so gold is down. It's no more complicated than that.
By Turd Ferguson | Tuesday, April 21, 2015 at 4:35 pm
An interesting day with gold stuck firmly between its primary moving averages and silver struggling to remain afloat near $16. However, some good news was seen this afternoon in the open interest reports and the global geo-political situation continues to darken. Could another rally be right around the corner?
By Turd Ferguson | Tuesday, April 21, 2015 at 9:33 am
Look, there are so many things going on in the world that it's easy to overlook, or simply miss, some of the major news items of the day. One such story caught my eye yesterday and it occurred to me that it definitely needed our attention.
By Turd Ferguson | Saturday, April 18, 2015 at 10:51 am
About the only items that were UP in Friday were gold and bonds. Everything else was down sharply, including the Dow Jones average which fell by nearly 300 points. Is this just a simple, one day selloff or is something larger afoot? Our pal Denver Dave has some excellent analysis here and I strongly urge you to take the time to read this post.
By Turd Ferguson | Friday, April 17, 2015 at 5:26 pm
Today saw global selling of almost everything except for gold and bonds. Is this the start of a renewed global financial crisis or was it simply another hiccup, soon repaired by the efforts of the PPT?
By Turd Ferguson | Friday, April 17, 2015 at 10:49 am
Years (months?) from now, when we look back upon the wreckage, many will wonder how they failed to see it coming. Of course, none of those left wondering have been standing guard on this Watchtower with all of us these past few years.
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