Oh, boy. Here we go again. It's the start of a new year and that means it's time for another adventure in long term price forecasting. Around here we call it a "macrocast" because we figured out long ago that, in a world dominated by computers trading derivatives, if you can get the...

A lousy first week to 2022 finally ends today after the most recent BLSBS was released. And it's the same old BS...prompting discussions of a rate hike in March. Sometimes all you can do is laugh.

So what was the BS this time? The unemployment rate is now under 4.0%. But the gain of...

Yesterday at this time, prices had fully recovered from Monday's beatings and it appeared that we might be able to escape the week. But then here came the doctored FOMC minutes and now we are right back into misery with our captors still holding us hostage.

On mornings like this, when...

As we reminded you back on Monday, the year 2021 began with a rally that was reversed a few days later, setting the tone for a difficult year. The year 2022 began with a smash that has also now been reversed. Is this a good sign for the year ahead?

Well, I wouldn't go that far. However...

Tuesday begins with a bit of a rally, even though interest rates and the POSX are higher again today. The possibility remains that some of the data scheduled for later this week will provide the impetus for a recapture of yesterday's losses.

So here we are on a Tuesday and the Comex...