There's a relationship between gold and oil that's worth understanding because each, being valued in U.S. dollars, putatively serves as a measure of inflation and, since both commodities have a common denominator, it's easy to price one against the other. Ergo, the gold/oil ratio i.e. the price of gold expressed in barrels of crude, and the current gold/oil ratio begs the question: "Is gold getting pricey or is oil too cheap?
Read More »The DOW Is Going to 56,000 In the Next 6 – 7 Years! Here’s Why (+2K Views)
What would you say if I told you that the S&P 500 is going to 7,000, the Dow Jones Industrial Average is going to 56,000, and the Nasdaq is going to 29,000 in the next 6 to 7 years. If you're waiting for the punch line, convinced that it's a joke well, it's no joke. Here's why.
Read More »Noonan: Downward Pace of Gold & Silver To Slow – Here’s Why (2K Views)
A look at the charts shows that there is no foreseeable change for gold and silver that has not already been covered in previous articles, and certainly elsewhere, and puts an end to all the pronouncements from so-called experts that PMs would be much higher.
Read More »Only These 42 Analysts Dare Predict When – and At What Price – Gold Will Peak (+3K Views)
There were no shortage of gold price pundits/prognosticators back in 2011 & 2012 claiming that gold would be going to "x" price by "y" date. Below is an updated list of those 42 pundits who were bold enough to provide a specific date as to when their forecast would be realized with their criteria & rationale supported by links to articles in which their determinations were first put forth.
Read More »Gold Going Down to $1,000 & Perhaps Even As Low As $850! Here’s Why (+2K Views)
I see gold going lower and lower eventually breaking below the psychological figure of $1,000 and perhaps even testing the $850 level to break the back of gold bugs and get the CNBC cheerleaders to claim the gold bull dead.
Read More »Gold & Silver: “It is difficult not to get overwhelmed in the excitement of what is to come” (+2K Views)
Back in May WaveTrack International’s Peter Goodburn predicted a sharp downturn in precious metals prices...by the end of Q3 this year, which would then be followed by a massive reversal in prices which would take all the major precious metals up to new highs probably by early 2016. This article provides an update to his May projections.
Read More »S&P 500 Will Top Out Before End Of Year! Here’s Why
it’s hard to see the current spike in equities as anything other than a blow-off move into a final top. It’s the only description for what the equity markets are doing. Let me explain further.
Read More »6 Money Behaviors That Could Ruin Your Marriage (and How to Fix Them)
Couples can be a galvanized force to either greater wealth or rapidly deteriorating their combined net worth. Below are the top 6 unfavorable money behaviors exhibited by couples. Be open to the signs and fix them - or walk!
Read More »Noonan: Rallies In Gold & Silver Don’t Suggest A Change In Downward Trends – Yet
As encouraging as the recent rallies in gold and silver may seem, they are still just rallies within a clearly defined down trend. For trading purposes, there is no reason to be long. For buying and holding physical gold and silver, there are too many reasons not to be long. Plan accordingly.
Read More »Debunking the Validity of ShadowStats’ Inflation Numbers (+2K Views)
Shadowstats presents what they claim to be the original methodology used by the government to calculate the rate of inflation in the U.S. but Shadowstats' John Williams is not calculating inflation any differently. He is not using the 1980s or 1990s methodology... [Instead,] all he's is doing is taking the CPI data and adding on an arbitrary constant to make it look like inflation is higher!
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