January’s Investment Barometer For 2015

Well, you know what they say. As goes January, so goes the year. <More> … [Read more...]

Gold and Silver Drop Most Since 2013

Volatility increases in currencies, oil, gold and silver. From ZeroHedge, Tyler Durden, January 29, 2015 Because nothing says dump gold and silver like an aggressively escalating currency war... Once again the US-Europe crossover period is the witching hours for Precious Metals... But as soon as Europe closed,. gold and USDJPY decoupled dramatically as the … [Read more...]

Gold – Bull Or Bear?

Let's start with the daily chart from this weekend: Inspecting the daily chart shows the following: 1. Gold has been in a strong uptrend since the beginning of the year. 2. For the ADX indicator, the + DI line is above the - DI line, showing that the bulls are in control. However the + DI line has just turned down slightly and met the black ADX line. This can be taken as a warning to … [Read more...]

Gold : Oil Ratio…Highest Ever!

The gold:oil ratio is currently 28.57. That's the highest the ratio has been in the last 20 years. That's as far back as my data goes. Take a look at this chart and you see that it only spikes to these high levels. Underneath I have provided both the gold chart and the oil chart. Inspection of these charts shows that the main reason for the ratio to decrease is due to an increase in … [Read more...]

Gold and Swiss National Bank De-Peg

The Swiss franc was unilaterally de-pegged from the euro last week causing major market upheaval and financial stress to multiple firms. From Sproutmoney, 22 January, 2015: "The historically ‘neutral’ Switzerland, a safe haven for large capital, is now a victim of the worldwide currency war. While almost every central bank across the globe is trying to devalue its currency, the … [Read more...]

More Gold Purchases By Russia

The rumors about Russia selling its gold to help support its currency, the Ruble, were wrong. Instead of selling, they have been buying. From ZeroHedge.com, Tyler Durden, January 18, 2015: Indeed, Russian gold reserves rose by their largest amount in six months in December to just over $46 billion (near the highest since April 2013). It appears all the "Russia is selling" chatter … [Read more...]

Gold Ends Week Strongly

Gold closed out the week very strongly at 1276.90. This is above its 200 daily moving average. The relative strength indicator also closed above 70 which is bullish. The +DI line for the ADX indicator is above the -DI line indicating that bulls are in control of this market. Additionally, the ADX line itself is showing an upward trend. Though this is still in the low figures, it does indicate … [Read more...]

World-Wide Margin Call

Peter's Commentary: Bill Holter warns about a Global Margin call occurring: - And you must keep in mind the investment outlook for 2015 from Bill Gross, which I've also posted up here. From the Miles Franklin Blog, Bill Holter, January 8, 2015 Unprecedented Volatility We have seen unprecedented volatility over the last 2 months, in particular the last 3 weeks. This is highly unusual as … [Read more...]

Futures Scorecard for 2014

The scorecard for futures for 2014:- Important Futures That Have Risen The US dollar is up 13.4%, 30 year bonds are up 12.3%, the S&P 500 and the Dow Jones industrial index are up 12% and 8.2% respectively. See the charts below: US Dollar Up % 13.4% The US dollar has performed the best of the 31 major currencies this year. Even though the US does have serious problems, like its an … [Read more...]

Russia Bought 18 Tons Gold In November

Peter's Commentary: Russia did not sell Gold in November 2014. Russia bought gold. From www.BullionStar.com, Koos Jansen, December 19, 2014 There are rumors doing the rounds that Russia is selling gold. My first reaction to this news was that is contradictory to what Putin stands for. Russia has been the most openly aggressive buyer of gold in the past years and Putin never made it … [Read more...]