Acting Man

Repeating Patterns and Positioning A noteworthy confluence of patterns in gold and gold stocks is in evidence this year. At the close of trading on December 26, the HUI Index has given a (tentative)...

Another Shoeshine Boy MomentWe recently pondered the markets while trying out our brand-new electric soup-cooling spoon (see below). We are pondering the markets quite often lately, because we believe...

An Astonishing StatisticAs the final FOMC announcement of the year approaches, we want to briefly return to the topic of how the meeting tends to affect the stock market from a statistical...

Reasons to Buy GoldThe price of gold went up $19, and the price of silver 42 cents. The price action occurred on Monday, Wednesday and Friday though so far, only the first two price jumps reversed. We...

Early Warning Signals in a Fragile System[ed note: here is Part 1; if you have missed it, best go there and start reading from the beginning] We recently received the following charts via email with a...

A Big Reference Chart Collection Our friends at Incrementum have created a special treat for gold aficionados, based on the 2017 “In Gold We Trust Report”. Not everybody has the time to...

Anecdotal Flags are Waved “If a shoeshine boy can predict where this market is going to go, then it’s no place for a man with a lot of money to lose.” It is actually a true story as...

Some Things Actually Go Up Before and During the Fall… In recent issues of Seasonal Insights I have discussed two asset classes that tend to suffer performance problems in most years until the...

Frisky Fed Hike-o-Matic We haven’t commented on central bank policy for a while, mainly because it threatened to become repetitive; there just didn’t seem anything new to say. Things have...

Shrinking the Balance Sheet? The big news last week came from the Fed, which announced two things. One, it hiked the Fed Funds rate another 25 basis points. The target is now 1.00 to 1.25%, and there...

The Crypto-Bubble – A Speculator’s Dream in CyberspaceWhen writing an article about the recent move in bitcoin, one should probably not begin by preparing the chart images. Chances are one...

Endangered RecoveryAs we noted in a recent corporate debt update on the occasion of the troubles Neiman-Marcus finds itself in (see “Cracks in Ponzi Finance Land”), problems are set to...

Our Favorite Veteran of Real Wars and the Gold Wars…Our friend Maurice Jackson at Proven & Probable has just done an interview with another friend of ours: Bob Moriarty, the founder of...

Slightly Premature Victory LapsThe nightmare of nightmares of the globalist elites and France’s political establishment has been avoided: as the polls had indicated, Emmanuel Macron and Marine...

Retail Debt DebaclesThe retail sector has replaced the oil sector in a sense, and not in a good way. It is the sector that is most likely to see a large surge in bankruptcies this year. Junk bonds...

Fundamental Analysis of GoldAs we often point out in these pages, even though gold is currently not the generally used medium of exchange, its monetary characteristics continue to be the main basis...