The rising price of food and fuel is garnering more and more attention in the economic news headlines. There’s a good reason for this since a continued increase in the oil price could easily upset the economic recovery and send the U.S. economy tumbling back ... Read More
chanakya
09
Mar2011
The last few weeks has seen a startling rise in fuel and food prices. This has been a key contributor to the political and economic instability overseas; it’s also paving the way for an even bigger crisis for the U.S. and the world economy by 2012.
Indeed, the ... Read More
March 9, 2011chanakya
09
Mar2011
On 1/26/11, Smartp Risk Model for Gold went on a BUY signal with Gold around 1309. The target specified was 1457 based on Elliott Wave analysis. Gold reached 1446 this week but based on the cycles analysis, it is in a critical TIME pivot or CIT zone of 3/9-3/14. Gold ... Read More
March 9, 2011chanakya
08
Mar2011
Silver has been red hot lately and the silver shares have joined in the fun. Yet, we haven’t seen a corresponding breakout in Gold or in the gold shares (as evidenced by GDXJ and GDX). In the chart below we show SIL (large silver stocks), Silver, Gold, GDXJ (gold juniors) ... Read More
March 8, 2011chanakya
08
Mar2011
Who’s going to regulate the regulators?
The single most dominant theme among political commentators is the belief that government should do something – anything – to fix the financial system. Regardless of party affiliation, there is a near universal agreement that government should be charged with the ... Read More
March 8, 2011chanakya
03
Mar2011
With the bull market in precious metals likely to accelerate in the coming years, folks should turn a great of their attention towards finding the growth stocks of the bull market. We are talking about your Ciscos and Microsofts. These are the stocks one can hold for at least several ... Read More
March 3, 2011chanakya
03
Mar2011
A situation is developing the global markets which threatens to undo the recovery of the past two years. The price spikes in fuel and especially agriculture prices is the Achilles’ heel of the recovery and may well serve as its death knell before the year is through.
The surge in commodity ... Read More
March 3, 2011chanakya
22
Feb2011
The S&P 500 has rebounded about 100% in 100 weeks. What crisis? What new normal? The economy is recovering and happy times are back again. Old normal is back. Stocks for the long run! Permabears be damned! The permabulls are back! Rates are low, core inflation is low, its Goldilocks ... Read More
February 22, 2011chanakya