Not sure if we'll get much of anything new from Chief Goon Powell later today but we'll certainly be on the lookout for anything that might help or hurt our PMs when he speaks at a virtual event hosted by Princeton University.
Preceding him will be the alleged heir apparent, Goon...
You may recall the Q4 consolidation in Comex Digital Gold and how the $1860 level repeatedly offered important support...until the deliberate, wedge-crushing smash of November 23. Well, here we are, coming up from the other side and whaddayaknow? It certainly appears the $1860 is now providing...
It's always fun to be on USA Watchdog with Greg Hunter and this appearance recorded yesterday was no different as Greg and I took stock of where we've been and looked forward to where we're going.
The good news is that we've so far avoided another steep drop in both Comex digital metals today. The bad news is that CDG has been pummeled ever since the Comex open and remains the only item in the red on the entire board.
Why type about it when I can simply show you? The POSX is...
A new week begins...which is good because last week sure stunk. And it's going to be a busy week, too. And then next week...oh my gosh! So buckle in. The road ahead will be volatile and unpredictable.
I don't even know where to start. I guess we'll begin with some of the stuff...
As we've seen a several times over the past few months, prices were suddenly and brutally smashed in London today and that set the stage for a down open on Comex and a further smash this morning in the U.S. It's always disheartening to see these smashes and today is no different.
Well, here we go again. It's January so that means it's annual forecast time...that time of year when I walk the plank knowing full well that I may end up plunging into the sea. And for what reason? I'm not sure. The screenshot below is taken from the opening paragraph of our 2020 macrocast and...
The crazy week continues with bonds continuing to sell off and today brings a rally in the POSX, too. On the bright side, however, the Comex metals are hanging in there...at least so far.
With the madness of yesterday behind us, perhaps there is some clear thinking returning today. At...
If there's one guy who definitely NOT excited about the results of the election yesterday, it's Chief Goon Powell. That poor bastard has really got his work cut out for him in the weeks and months ahead.
What do I mean? Have you seen the yield on the 10-year treasury note today,...
There will be an election in the U.S. state of Georgia today and the outcome will determine whether or not the D-republocrats will control both chambers of the U.S. Congress for the next two years. To say that the outcome might have an impact in the precious metals is an understatement....
