I’ll say this; the key to the future for the stock and gold markets is to be found in the bond market. When bond yields once...
Visually, Barron’s Gold Mining Index’s BEV chart is divided by the August 1971 dollar’s decoupling from the $35 gold peg. Since August 1971, it’s made very...
This inflation hurt the bondholders for both IG and BG bonds, those who lent dollars worth more, much more than the dollars they were paid back...
Since their highs of last October, mortgage rates have kept above 6%, but below 7%. It could be worse; mortgage rates could be approaching 8%, but...
The big difference between 2011 to 2015, and our current 2020 to 2023 collapse in gold’s open interest can be seen in gold’s BEV chart, where...
The major concern I have for the market is the NASDAQ Banking index (#21), closed the week below its BEV -50% line. These banks have lost...
That the financial media continues speaking optimistically of the banks suggests, to me if no one else, that we are still far from the bottom for...
Following August 1971, volatility in banking stocks increased greatly. This banking index found itself below its BEV -40% line frequently. At the bottom of the sub-prime...
The banking sector is down 43% from its last all-time high at the week’s close. That is an entire bear market decline all by itself. But...
In 1938 dollar terms, the investment in the Dow Jones still lost money, but not enough to crimp the lifestyle of a 1938 millionaire who somehow...