Gold
08/06/2020
Gold’s spot price has hit a new record high. $2,059.09 at the time of writing this. Coronavirus, economic uncertainty, a weakening USD and the multiplication effect of central bank monetary supply all have a hand in boosting the precious metal. So, where else does the price have to go? Other than […]
07/10/2020
The NASDAQ-100 (INDEXNASDAQ:NDX) continues to climb but if you look closer under the hood – momentum levels are all declining. Meaning: Fewer and fewer stocks are causing the market to increase. This fact misleads the market and can only continue for so long until ultimately the broad market will take back […]
07/08/2020
It’s hard to trade stocks when they are at (or are very close to) their all time highs. Sometimes it’s hard to see stocks continuing to rise into unseen levels. But, if you had that mindset 3 weeks ago, you would’ve missed out on some serious gains. Conversely, it may […]
07/06/2020
COVID-19 cases have been continuing to increase and the economic forecasts outlook has been revised lower by the banks again… Yet, even with these negative catalysts in worldwide markets, China risks inflating another stock market bubble. Investors in Chinese stocks are jumping in aggressively to say the least. The CSI 300 […]
07/02/2020
If you read my article yesterday explaining how Gold’s value is achieved, how the precious metal is correlated to the U.S. dollar and why the commodity is about to explode higher, you may have come to the same conclusions as Roger Scott in today’s video. The spot gold price is […]
07/01/2020
I am no longer surprised by how misunderstood gold is in the historical monetary context. Detractors like to point out its uselessness as a fungible unit of trade (you can’t buy a loaf of bread with a bar of gold) while wizened investors maintain a 10-15% allocation to gold in […]
06/29/2020
It’s a holiday-shortened in North America this week. It’s Canada’s birthday Wednesday and, of course, U.S. markets are closed on Friday as it’s the 4th of July. So expect markets to behave a little oddly this week and be somewhat front-loaded. In broad market news, there are a few catalysts which […]
06/24/2020
The market has finally woken up to the reality of a COVID-19 second wave. US cases are up more than 15% in the last two weeks with cases rising in 18 states mainly in the South, West and Midwest. Global cases has also risen above 9 million with more than 450,000 […]
Has Warren Buffett Lost his Touch?