Tag: Gold (FOREX:XAUUSDO)

Brexit Leads To Uncertainty, But It's Good For Gold

Posted on by admin

The Brexit vote adds uncertainty to an already turbulent global environment, says money manager Adrian Day, and has helped gold resume its rally.

Brexit Wall

The decision of the British people to leave the European Union in the face of extreme fear-mongering shook the markets initially, but they turned up at quarter end. The vote does not end the uncertainty, of course: the negotiations on Britain's exit, increased agitation against membership in other countries, the change of political leadership in Britain, as well as the potential break-up of the United Kingdom, all add uncertainty to an already turbulent global environment, and markets do not like uncertainty. Brexit also provides yet another reason excuse for the Federal Reserve and other central banks to keep interest rates excessively low for longer. Continue reading "Brexit Leads To Uncertainty, But It's Good For Gold" →

Wonderland

Posted on by The INO.com Team

By: Gary Tanashian of Biiwii.com

“If I had a world of my own, everything would be nonsense. Nothing would be what it is, because everything would be what it isn’t. And contrary wise, what is, it wouldn’t be. And what it wouldn’t be, it would. You see?” –Alice in Wonderland

Silver out performs gold as both rise with Treasury bonds, which are in turn rising with stocks, as Junk bonds hit new recovery highs while USD remains firm as inflation expectations are out of the picture. This is highly atypical, maybe even unprecedented.

Some, deeply dug into their particular disciplines and biases, might say it is dysfunctional, as this backdrop simply does not make sense using conventional methods of analysis. Why again did I name this service Notes From the Rabbit Hole?

When the S&P 500 was robo rising month after month, year after year as it did from 2011 to 2015, you did not need the market report with the funny name because all was linear and as it should be. The same actually, could be said for gold. It was linear and as it should be in its relentless downtrend. Casino patrons simply ride the trends!

But today things are making sense simply because we don’t have a need to make them make sense as linear thinkers would do; we go with the indicators and charts. Continue reading "Wonderland" →

Cuda, Woulda, Shoulda

Posted on by The INO.com Team

Hello MarketClub members everywhere. Okay, so what's with Cuda, Woulda, Shoulda?

Well, the first one, Cuda is the symbol for Barracuda Networks Inc. (NYSE:CUDA) which is looking very positive in my eyes. With all Trade Triangles green and trending higher it looks as though this market has every opportunity to move higher.

MarketClub's Mid-day Market Report

A little over a year ago Barracuda Networks was trading over $45 a share and currently is trading just below $20. The potential for this stock to move at least into the $30 area is quite high in my opinion as that represents a 50% Fibonacci retracement. Now I'm not advocating jumping and buying the stock today as I would like to see some consolidation. It will be a buy if it pulls back to the $18.60 level which is the monthly Trade Triangle entry signal. Continue reading "Cuda, Woulda, Shoulda" →

5 Reasons To Like This Stock

Posted on by The INO.com Team

Hello MarketClub members everywhere. We have come to the end of the week and it has been a welcome relief to see a little less volatility in the marketplace.

MarketClub's Mid-day Market Report

Looking through my Trade Triangles alerts last night, I noticed this one stock that has many of the winning characteristics I like to see in an individual stock. Let's go through them one by one: Continue reading "5 Reasons To Like This Stock" →

A Path Toward Inflation

Posted on by The INO.com Team

Yes, it’s another inflation post going up even as inflation expectations are in the dumper and casino patrons just cannot get enough of Treasury and Government bonds yielding 0%, near 0% and below 0%.

Feel free to tune out the lunatic inflation theories you’ve found at nftrh.com over the last few weeks.  But if by chance you do want to look, here’s a visual path we have taken to arrive at the barn door, behind which are all those inflated chickens, roosting and waiting.  All sorts of animals will get out of the barn if macro signals activate.

Gold led silver ever since the last inflationary blow off and blow out in early 2011.  The gold-silver ratio rose through global deflation, US Goldilocks, good times and bad.  There was no inflation problem, anywhere.  Then early this year silver jerked leadership away from gold and now for the second time the ratio of gold to silver has broken below the moving average that has defined its trend (it did so in 2012 as well).

gsr

Why is this significant?  Well, try on 2010 for size (see chart below).  I for one happily managed the gold-silver ratio up spike in 2008, buying gold miners as they crashed.  As gold (monetary, risk ‘off’) topped vs. silver (commodity/monetary, relatively risk ‘on’) we expanded the bullish view to commodities as well.  But then came the bottoming pattern that was not a bottoming pattern.  To this day I believe that the macro was preparing for a next leg up and some serious new destruction before Ben Bernanke, the “Hero”, sprung into action and ruined the beautiful Inverted H&S pattern that long-time NFTRH subscribers will remember me making a big deal about at the time. Continue reading "A Path Toward Inflation" →