By Turd Ferguson | Friday, October 27, 2017 at 8:35 am
Apparently the old Keynesian fallacy regarding "broken windows are good for GDP" was on display once again as Q3 US GDP beat expectations this morning. This has predictably spiked the USDJPY and now Comex gold sits poised for a fall, right upon its 200-day moving average.
By Turd Ferguson | Wednesday, October 25, 2017 at 12:12 pm
Another great update last evening from John and Steve. As we near four, full years of posting these weekly conversations, just a reminder that you should be sure to carve out time to listen each and every week.
By Turd Ferguson | Tuesday, October 24, 2017 at 9:20 am
We'd hoped that yesterday's fall from 114 USDJPY would provide a brief respite. Nope. Instead, we are right back in the barrel today and trying to hold on against a swarm of MOPE, hope and dopes promoting a new version of GAN2018.
By Turd Ferguson | Monday, October 23, 2017 at 10:05 am
The week begins with a USDJPY rally as Mother's Friday comments are swept away by the sweeping election victory of Abe in Japan. So now we watch for the expected resistance to come and hope that this provides support for Comex Gold in the days ahead.
By Turd Ferguson | Friday, October 20, 2017 at 9:28 am
In an unprecedented level of G-3 control, the all-important USDJPY has now been force-reversed on three occasions in just the past 24 hours. We simply must take this into consideration as we assess the short-term potential of the Comex metals.
By Turd Ferguson | Thursday, October 19, 2017 at 8:35 am
As the all-important USDJPY once again struggles with the 113 level, hope is gaining traction this morning as Comex Digital Gold prices rise back toward $1290. Once more with meaning, it's not how you begin the week that matters...
By Turd Ferguson | Wednesday, October 18, 2017 at 10:14 am
Sometimes I feel like I'm attending a graduate level Russian History & Studies class as I listen to Batchelor and Cohen. Last evening's program was another valuable lesson as the history of NATO was discussed.
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