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Month: December 2021

Santa Rally Visits Stocks, Precious Metals, and Cryptos

December 23, 2021 – Santa paid a visit to markets today, giving an across-the-board lift to most major markets.  Stocks, precious metals, oil, and Bitcoin were among the beneficiaries of this year end gift.  Of particular interest, gold breached resistance at $1,800 and Bitcoin has inched above $50,000. Helping to support this move up is a sense that the messages of fear regarding [...]

Last Days Trading – Stocks Whipsaw, Bitcoin Going Nowhere, Gold Rangebound

Dec 21, 2021 - The widely forecast end-of-year “rip your face off” stock rally has yet to materialize.  Being that those who pounded the table with this “can’t miss” prediction are usually quite self-serving, often profiting handsomely form taking the other side of the retail trade, investors might want to be cautious before fully embracing this expert guidance. Investor[...]

Gold Backs Off Three Week High Amid Broad Sell-Off in Virtually All Markets

December 20, 2021 – Gold’s price dropped a bit today as investors locked-in profits from the previous week’s move up.  Despite this small give back, gold continues to hover around $1,800 per ounce. The dollar weakened last week on news of the Federal Reserve’s new hawkish policy stance, thus giving a lift to gold.  The dollar’s contrary reaction was a result of offsetting[...]

Silver-Gold Ratio Back Above 80-1, Traders See Potential Opportunity in Widening Gap

Dec 15, 2021 – At the time of publication, the silver/gold ratio reached just over 80:1. That translates to mean that it requires a more than 80 ounces of silver to buy an ounce of gold.  For most of modern history this ration has moved between 40:1 and 50:1.  Therefore, at this juncture, silver looks to be extremely undervalues in comparison to gold.  Anticipating an eventual[...]

Gold Ticks Up Ahead of Fed Policy Decisions While Inflation Continues to Roil Markets

December 13, 2021 – Inflation remains the primary concern for the markets as officials finally concede their “transitory” narrative was all wrong.  On Wednesday, Fed Chairman Jerome Powell will deliver the FOMC announcement and release November retail sales data, the NAHB home builders’ index and business inventories for more indications on the state of the economy.  In[...]

Gold Nonplussed by Biden Putin Brinkmanship

Dec 8, 2021 - Normally an asset that rallies if it senses risk of significant uncertainly or upheaval, gold has remained relatively calm throughout the increasing tensions between the US and Russian over Ukraine. The West has been accusing Russia of massing troops, albeit within Russia’s sovereign borders, with the intent of invading the Donbas region.  Russia vehemently denies the[...]