By Turd Ferguson | Friday, January 30, 2015 at 5:12 pm
Right on cue, gold rebounded today and recovered most of the contract expiration losses of yesterday. Now, with another volatile week ahead, can it crawl back toward $1300 and, if it does, what will happen with silver?
By Turd Ferguson | Wednesday, January 28, 2015 at 5:08 pm
With all the bluster about "patience" and "considerable time", today Turd takes a few minutes to explain in detail exactly why The Fed will not, and can not, raise short-term interest rates. Not today. Not next month. Not next year. If they do, they will surely wreck whatever is left of "the economy".
By Turd Ferguson | Wednesday, January 28, 2015 at 9:07 am
Regular readers know that we post these podcasts every week in an effort to provide an honest and fair discussion regarding Ukraine Crisis. The program last evening was perhaps the most sober and thought-provoking episode yet. Please make the time today to listen to this podcast.
By Turd Ferguson | Tuesday, January 27, 2015 at 4:54 pm
Gold survived Feb15 option expiration day, though it was successfully held below the $1300 level. Now what might tomorrow bring? Another set of FOMC "Fedlines" are due and they will, no doubt, move the markets in the afternoon.
By Turd Ferguson | Thursday, January 22, 2015 at 3:03 pm
Nick Barisheff is president and CEO of Bullion Management Group in Toronto. He's also the author of the terrific book, "$10,000 Gold: Why Gold's Inevitable Rise Is The Investor's Safe Haven". As you might imagine, his background made him a great guest for our weekly webinar series.
DISCLAIMER: The charts and analysis provided here are not recommended for trading purposes. Trade at your own risk. The Turd provides knowledge not direction. Turd holds no liability for your trades and decisions but he's happy to take credit when credit is due, particularly through the "donate" button. Read more...