Financial Sense
Financial Sense's mission is to give each investor, no matter their income, net worth, or level of financial expertise, a greater understanding of the markets, and a more informed approach to making investment decisions; our primary purpose is the financial education of the investing public. It is our goal to provide a forum in which a variety of perspectives about the markets and the economy flourishes, so that our visitors & readers have access to a well-rounded body of financial information.
Updated: 2 hours 25 min ago
Stock Markets & Gold, Tactical Update
by Stewart Thomson. "Those sure that Tuesday's Dow action marked the bottom, the "hammer" on the candle charts, were shocked 24hrs later, as the Dow posted a mirror image reversal day to the downside. This morning the Dow is once again surging, stunning the bears."
Categories: Financial Markets
What if this is the end of deepwater drilling?
by Erik Townsend. "I think we should discuss what it would mean to the economy and the world if deep water offshore oil exploration were outlawed in the wake of the Deepwater Horizon oil rig disaster in the Gulf of Mexico."
Categories: Financial Markets
Stage Set For Another Bernanke Adventure
by Brady Willett. "Federal Reserve Chairman, Ben Bernanke, has been eerily quiet during the recent market storm. To be sure, seemingly oblivious to the happenings in EU land Mr. Bernanke's speech, The Economics of Happiness, was delivered shortly after major riots in Greece and shortly before the historic nearly $1 trillion plan was announced to try and prevent the destruction of the Euro."
Categories: Financial Markets
The Gold & Silver Precious Metals Correction
by Chris Vermeulen. "It�s been an exciting week for traders as volatility levels are through the roof and the broad market is moving up and down like a yoyo."
Categories: Financial Markets
Critical Juncture, Update on the euro, Australian dollar and Japanese yen
by Axel Merk. "Our long term outlook on the euro remains more positive than that of many market participants. There are numerous reasons for our view, amongst others because it is more difficult to print and spend money in the eurozone."
Categories: Financial Markets
Four Reasons to Expect a Rally!
by Sy Harding. "The Dow closed at a new correction low on Wednesday, heightening investor concerns. However, there are four reasons to expect a rally from here."
Categories: Financial Markets
The Path to Hyperinflation
by Trendsman. "As we've discussed recently, persistent deflationary forces do not augur for a repeat of Japan circa 1990s or the US in the 1930s."
Categories: Financial Markets
Copper and Canaries
by Brian Bloom. "The evidence suggests that the world’s markets may be on the edge of panic. In particular, the ratio of the gold price/commodities index is manifesting a chart pattern known as a “double top”. Based on historical experience with this type of formation it is very likely that, if the old top is breached, we will see the gold price shooting up relative to commodity prices which, in turn, will likely be falling. "
Categories: Financial Markets
Buy Low Sell High Double Whammy
by Neil Charnock. "News just to hand informs me that Spain is just about to do a “Greece” as their banking system is without funding. In the end this is not about maintaining global growth or the European Union it is about the survival of the financial system as we know it during this major historic transition. Gold is about to go through the roof and not just in Euro terms. "
Categories: Financial Markets
Market Observation: Slippery Business
by Rob Kirby. "Back in 2008 in an article titled Oh Yes They Did! (reposted here), I documented how the U.S. Government [specifically, the Dept. of Energy (DOE)] “released” crude oil from the Strategic Petroleum reserve to help precipitate the collapse in oil prices from close to 150 dollars per barrel."
Categories: Financial Markets
US Employment May Be Hammered By Euro Plunge
by Daniel Amerman. "Still deep in recession / depression, it is possible and perhaps even likely that the US economy will be dealt a sledgehammer blow over the coming months. The full price for the European crisis might be paid in American jobs, with four categories of job losses imperiling the US economy and threatening the standards of living for millions of people."
Categories: Financial Markets
Oh Yes They Did!
by Rob Kirby. "I’ve been trying to resolve what’s behind the recent inversion of the historic premium that West Texas Intermediate [WTI] Crude Oil has enjoyed versus Brent Crude? "
Categories: Financial Markets
We Have a Correction
by Paul Nolte. "It is official; we have a correction. The goings on ‘over there” are trumping anything that is happening here, from at least okay economic data to the wind down of a decent earnings season."
Categories: Financial Markets
How Low Will Silver Go?
by Jeff Clark. "We released our 2010 Silver Buying Guide last week and the silver price promptly cratered. So does this change our view of gold’s shiny cousin? Hardly."
Categories: Financial Markets
Th*nk*ng (Exits)
by Fred Cederholm. "I’ve been thinking about exits. Actually I’ve been thinking about theatre, our current situations, governments, and corporations. Why does an entity ever what to get out? How does it leave? How does one exit and not be missed? "
Categories: Financial Markets
Sell in May and Go Away
by Julian Phillips. "The global gold market has always seen India as the largest individual source of demand for gold. It has reached 850 tonnes in the best years and even in the worst years has been over 300 tonnes. "
Categories: Financial Markets
Panics versus crashes (it makes all the difference!)
by Clif Droke. "Much has been written about the so-called “flash crash” that occurred on Thursday, May 6, which saw the Dow Jones Industrial Average lose nearly 1,000 points intraday. But did this sell-off fall under the category of a crash or a panic? "
Categories: Financial Markets
This Week: Plan A Is In Effect
by Peter Navarro, Ph.D. "Plan A is in effect for retail investors – remain in cash until the trend reestablishes itself. The big question now is whether we have “merely” a major correction OR the beginning of a downward bearish trend."
Categories: Financial Markets
More Blank Checks to the Military Industrial Complex
by Ron Paul. "Congress, with its insatiable appetite for spending, is set to pass yet another “supplemental” appropriations bill in the next two weeks. So-called supplemental bills allow Congress to spend beyond even the 13 annual appropriations bills that fund the federal government. "
Categories: Financial Markets
America, PIIGS “R” Us too?
by Michael Pollaro. "The title of this essay may be a play on words but the facts are nothing of the sort. Indeed, the facts suggest that the financial position of the U.S. government may not be all that much better than the financial position of the governments of Portugal, Italy, Ireland, Greece or Spain, the so-called PIIGS."
Categories: Financial Markets