Obviously uncertainty is extremely high at the moment and so is the question of whether the market has bottomed or the powerful rally the last two days represents a bear market rally. From the standpoint of technical analysis, it is…
Staples exhibit sustained leadership in bear markets, not bulls – Steve Strazza, “A Bear Market Base”, The Strazza Letter, April 16, 2025 It’s hard to gain perspective on the market given the daily swings we’re experiencing. In order to do…
Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria – John Templeton The election of Donald Trump last November was at first met with euphoria by investors. Tax cuts, streamlined regulation, improved government…
Is there a more hated asset than gold? Keynes called it a “barbarous relic”. Warren Buffett is famously not a fan of gold. And yet gold is working now precisely as it should as a hedge against inflation and excessive…
The Fed is going to cut rates a quarter point on Wednesday – but it shouldn’t and it doesn’t seem like it wants to. The stock market is at all time highs, Bitcoin is over $100,000 and inflation remains stubbornly…
On Tuesday I previewed Newmont’s (NEM) 3Q earnings report saying that any selloff would be a buying opportunity. Well that selloff has arrived in a big way with NEM down more than 13%, dragging the Van Eck Gold Miners ETF…
It’s been an incredible year for precious metals investors. Gold bugs – much maligned – are finally seeing the moves they’ve long hoped for and expected with gold up nearly 40% over the last year. Obviously the gold miners –…
For most of my professional investment career beginning in 2007, I’ve been a gold bull. Having studied the work of the great Austrian economist Ludwig von Mises in college, I early understood the fundamental role monetary policy plays in the…
The precious metals have been on fire the last four months and The Wall Street Journal took notice this morning in an article on the front of their “Business & Finance” section. The most popular gold and silver miners ETFs…
ANOTHER BEAR MARKET RALLY: The stock market has rallied nicely the last couple of months and once again the bulls are saying the bottom is in. It isn’t. Like March and August this is another bear market rally – though…