Latest Posts

  • Finance 0

    Interview With Mike Swanson, WallSt Window

    Mike Swanson of WallStWindow interviewed us on Wednesday, May 18 to get our thoughts on the latest developments in precious metals and the stock market. Listen here… http://s3.amazonaws.com/ezs3-07fe5200-1422-1d54-b18490029e76bad0/podcast/2016/wsw05182016jordan.mp3...
    On May 20, 2016 / By
  • Finance 0

    Gold Vs Annual World GDP

    This chart is from Nick Laird at goldchartsrus.com....
    On May 20, 2016 / By
  • Finance 0

    The New Normal That Never Was

    — this post authored by Mark Cliffe, from Voxeu.org The extended period of low growth following the Global Crisis was denoted the ‘New Normal’ by some. This column argues that the period is still ongoing, and would be more usefully described as the ‘New Abnormal’. Far from being an equilibrium, the low growth was achieved by progressively more aggressive and unprecedented monetary policy actions, in response to a series of financial panics. Furthermore, the aftershocks of the Crisis are still colliding with a series of profound structural changes to and instabilities in the global economy. The ‘New Normal&...
    On May 20, 2016 / By
  • Finance 0

    EC Surprising Strength In The Mining Shares

    I was very surprised by the strength exhibited in the mining shares today given the extreme weakness that was initially seen in both gold and especially in silver. At one point today, silver had fallen all the way back into the box – the former range trade zone that held it for nearly a year – before it bounced off of that 50 day moving average right near the top of the box. It was the mining share strength that brought the metal back up from its worst levels of the session. I was watching both the HUI and the Comex futures simultaneously on a tick by tick basis. As the shares refused to garner more selling from their GAP DOWN opening, th...
    On May 19, 2016 / By
  • Finance 0

    4 Amazing Charts For Investors Looking For Contrarian Opportunities

    In this article, we look at 4 charts which suggest investment opportunities ahead, at least for investors with an open mind. We would say that these opportunities are contrarian in nature, according to sentiment towards each of these markets. First, US stocks are trendless, and that is nerve-wracking to most investors. Both bulls and bears have been proven wrong in 2015 and 2016. However, it seems a matter of time until a new trend arises. A breakdown or crash? Not that fast, as crude oil is stabilizing, after crude pushed stocks lower for 18 months, we believe stocks are preparing for a new run higher. Let the market do its work. Secon...
    On May 19, 2016 / By
  • Finance 0

    Panera Bread Company Announces New Share Repurchase Program And Termination Of Existing Program

    ST. LOUIS, May 19, 2016 (GLOBE NEWSWIRE) — Panera Bread Company (Nasdaq: PNRA) announced today that its Board of Directors has approved a new three-year share repurchase program of up to $600 million. This new program will replace the existing program, which was scheduled to expire on June 4, 2017, and has been terminated by the Board of Directors in connection with approving the new program. The repurchases will be effected from time to time on the open market, or in privately negotiated transactions, or under a Rule 10b5-1 Plan. The share repurchase program and the Board’s authorization of the program may be modified, suspended...
    On May 19, 2016 / By
  • Finance 0

    Q1 Retail Earnings: Walmart And Amazon Lead Pack

    Wal-Mart Stores, Inc. (WMT – Analyst Report) reported its fiscal first-quarter results Thursday morning, effectively capping off what has been a busy earnings season in the retail sector. While Wal-Mart and online giant Amazon.com, Inc. (AMZN –Analyst Report) have shown strength, their competitors seem to be lagging behind. Wal-Mart was able to beat both earnings and revenue expectations. The company reported first quarter earnings of 98 cents, cruising past the Zacks Consensus Estimate of 88 cents. Quarterly revenues came in at $115.9 billion versus our consensus estimate of $112.7 billion. In a retail environment where man...
    On May 19, 2016 / By
  • Finance 0

    GBPUSD Trades Below Its Key Overhead Resistance

    GBPUSD: The pair continues to retain its bull pressure but with caution ahead of its key resistance at 1.4769 level. If it fails to build up on its recent strength we could see it head lower. On the downside, support lies at the 1.4550 level where a break will turn attention to the 1.4500 level. Further down, support lies at the 1.4450 level. Below here will set the stage for more weakness towards the 1.4400 level. Conversely, resistance stands at the 1.4650 levels with a turn above here allowing more strength to build up towards the 1.4700 level. Further out, resistance resides at the 1.4750 level followed by the 1.4800 level. On the whole, ...
    On May 19, 2016 / By
  • Finance 0

    No Argument For Bulls

    Podcast: Play in new window | Play in new window (Duration: 13:16 — 6.1MB) DOW – 91 = 17,435 SPX – 7 = 2040 NAS – 26 = 4712 10 Y – .03 = 1.85% OIL – .03 = 48.16 GOLD – 3.50 = 1255.50 Fed rate-hike probabilities have been pulled forward. The April Federal Open Market Committee minutes were released yesterday, and they suggested that if conditions are right, the Fed may raise rates in June. While this was not particularly new, it sent shivers through the fed fund futures market. Traders had been pricing in a minimal chance of a June rate hike and a just-over-50% chance the next hike would occur in December. After the minutesâ...
    On May 19, 2016 / By
  • Finance 0

    Market Talk – May 19, 2016

    Interesting that both the Nikkei and Shanghai closed almost unchanged following a similar trading pattern today but the Hang Seng really could not even attempt break-even, closing down 0.6% on the day. The JPY closed above the bullish reversal but we have a large gap to wait for the weekly. In late US trading the HSI remains unchanged from the cash close whilst both the Nikkei and China 300 have lost an additional 0.3%. Europe reacted to last evenings FED rate concerns and from the open all core markets were heavy. Having recovered from Q1 lows dealers are concerned the lows may have to be revisited. Nervous trading throughout the day ended w...
    On May 19, 2016 / By