Forex Weekly Forecast: Dollar is the Big Loser until this Changes

Tensions are running high as the S&P 500 hits its worst streak since the heights of the Global Financial Crisis. But all hope is not lost—we’re keeping an eye on these key themes in the big week ahead.

View full post on DailyFX – Feeds all

Stock Market Observations

I am showing the larger charts because they display the big picture more clearly. It is now clear that Intermediate Waves (1) through (5) of Primary Wave [C] are A-B-C Waves and not impulsive in the strict sense. We would normally expect to see a clean 5-wave decline in Wave C. This is either a rare variation or an outright aberration. Which is it? I don’t know.

This has Elliott Wavers tied in knots, since an A-B-C move is normally corrective and in this case tells the Elliottician that the next move is a rally! In fact, most analysts would say that today’s decline is a Wave B-with- rally-to-follow. What no one else is watching is the natural resistance at the cycle Bottom at 1868.20 which has been stopping the retracement rallies all week long.
View full post on The Market Oracle

Australian Dollar at Risk on RBA Outlook, Global Sentiment Trends

The Australian Dollar recoiled sharply higher after hitting a 4-year low but a deteriorating RBA policy outlook and churning sentiment trends may renew selling pressure.

View full post on DailyFX – Feeds all

Can Precious Metals Companies Rally Another 30%? – The Motley Fool Canada

Can Precious Metals Companies Rally Another 30%?
The Motley Fool Canada
We saw Goldcorp Inc. (TSX:G)(NYSE:GG) fall from over $50 in 2011 to $18 today, and we saw Barrick Gold Corp. (TSX:ABX)(NYSE:ABX) fall from over $50 to $15 in the same period. Even the less-risky precious metals streaming companies suffered. Silver …

and more »

View full post on precious metals gold silver – Google News

Gold Stocks Upside Targets

The gold miners’ stocks are rocketing higher again, multiplying wealth for smart contrarian traders who bought them low in recent months.  But after such a blistering surge, traders are naturally wondering how much farther gold stocks can run.  Is it time to realize gains, or buy aggressively for greater gains to come?  This critical question can be answered by looking at fundamentally-derived gold-stock price targets.
Many analysts shy away from offering price targets, with good reason.  Divining precise future outcomes in volatile markets is all but impossible.  Prevailing stock prices result from the chaotic interplay between sentimental, technical, and fundamental drivers.  And an effectively-infinite array of variables can affect each one, making forecasting stock prices a fool’s errand.  Nevertheless, this exercise is absolutely necessary.
View full post on The Market Oracle

Havensteins choice

View full post on 24hGold.com RSS Feed – 24hGold Editorials and commentaries

USD/JPY Technical Analysis: Best 2-Week Run For JPY Since 1998

The Markets Are Effectively Calling The Bluff Of The Bank Of Japan. USD/JPY Bears Had Feared Abenomics, Now The Bulls Do.
View full post on DailyFX – Feeds all

Will Silver Outperform Gold As Metals’ Rally Continues? – Analysts – Forbes


Forbes
Will Silver Outperform Gold As Metals' Rally Continues? – Analysts
Forbes
(Kitco News) – It's been all about gold since the start of the year, but some analysts are turning their attention to silver. Unable to agree on whether or not silver can outperform gold this year, two analysts do agree on one thing: it depends on

View full post on precious metals gold silver – Google News

Is This the Debt Bubbles Last Rattle?

What we see happening today is why we called our news overview the “Debt Rattle” 8 years ago. The last gasps of a broken system ravished by the very much cancer-like progress of debt. Yes, it took longer than it should have, and than we thought. But that’s pretty much irrelevant, unless you were trying to get rich off of the downfall of your own world. Always a noble goal.
There’s one reason for the delay only: central bank hubris. And now the entire shebang is falling to bits. That this would proceed in chaotic ways was always a given. People don’t know where to look first or last, neither central bankers nor investors nor anyone else.
View full post on The Market Oracle

Collector’s Universe Mints A Dividend Part 1: Coin Grading And The Future Of The Hobby – Seeking Alpha

Collector's Universe Mints A Dividend Part 1: Coin Grading And The Future Of The Hobby
Seeking Alpha
In this article I want to offer up my experience as a professional numismatist as well as a part-time appraiser of collectibles and related personal property. The average investor may not understand the core business of coin grading, how it has

and more »

View full post on numismatics – Google News

Silver Melt Value of Coins

Find the current melt value of U.S. coins that contain silver. The page is kept current with the latest silver bullion values. View full post on About.com Coins: What’s Hot Now

Gold Wedge Target at 1392; Pay Attention to 1345 Too

View full post on DailyFX – Feeds all

Asa Gold and Precious Metals Limited (NYSE:ASA) Sellers Increased By 57.56% Their Shorts – fdanewsalert.com

Asa Gold and Precious Metals Limited (NYSE:ASA) Sellers Increased By 57.56% Their Shorts
fdanewsalert.com
The stock of Asa Gold and Precious Metals Limited (NYSE:ASA) registered an increase of 57.56% in short interest. … ASA Gold and Precious Metals Ltd (NYSE:ASA) has declined 0.86% since July 9, 2015 and is downtrending. … in instruments representing

View full post on precious metals gold silver – Google News

Gold, Gold Stocks, and the End Game

We have seen the bottom in the gold market and gold stocks.
Evidence:

Examine the 30+ year chart of the monthly XAU (gold stock Index) to Gold ratio. You can see that the downtrend in the ratio has lasted about 20 years – since 1996.  The ratio is now at all-time lows in the form of a contracting triangle.  The triangle has been broken to the upside.
View full post on The Market Oracle

The Most Valuable Numismatics Collection Sold at Stack’s Bowers Galleries – BLOUIN ARTINFO


BLOUIN ARTINFO
The Most Valuable Numismatics Collection Sold at Stack's Bowers Galleries
BLOUIN ARTINFO
On February 9, the third auction dedicated to the D. Brent Pogue collection, presented by Stack's Bowers Galleries in partnership with Sotheby's, became the most valuable series of numismatic auctions in history. The 158-lot auction commanded $17,135

and more »

View full post on numismatics – Google News