Tag: money
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![Why I am buying Japan]()
Why I am buying Japan
So I feel validated, folks. Regular readers know that I have been covering Japan, and what I believe is a great opportunity for investors. Yes you heard that right. Japan is a great opportunity in 2024. Last weekend, we had the Vancouver Resource Investment Conference. The final panel was about major investment opportunities. I heard…
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![US Bitcoin ETFs begin first day of trading]()
US Bitcoin ETFs begin first day of trading
Bitcoin bulls have been waiting for this news. The biggest catalyst touted by Bitcoin traders and investors was the SEC approving US Bitcoin ETFs. That day has come and US Bitcoin ETFs have begun trading today. The SEC approved the first ever batch of Bitcoin ETFs to come out of the US with the green…
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![Stocks extend slide to start of the year as Fed path remains uncertain]()
Stocks extend slide to start of the year as Fed path remains uncertain
Are you sick and tired of market pundits and mainstream financial media telling you the Fed is done raising then to flip saying rate cut interests have waned? Well be prepared for more. And this just means more uncertainty. The market narrative has been about the Federal Reserve, interest rates, and a successful soft landing.…
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![The Trading Desk: Commodities and the Santa Claus Rally]()
The Trading Desk: Commodities and the Santa Claus Rally
Ah the last two weeks of 2023. The Christmas to New Years holiday trading tends to be quiet in terms of economic data and corporate press releases. Most institutional traders are on holidays. Retail traders have nothing better to do. Because of the lower liquidity, these few weeks tend to see either range bound price…
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![Gold rally faces a key test]()
Gold rally faces a key test
On October 3rd 2023, I published an article which caused some fright among metal bulls. I outlined how the technicals indicated that silver could go below $20 and gold below $1800. I outlined key technical levels which had been breached and thus led to sellers piling in. Here are the charts which I put up…
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![US retail sales blow expectations! What economic slowdown?]()
US retail sales blow expectations! What economic slowdown?
While many traders and investors wake up early on the West Coast to open charts of the stock markets, the very first markets I look at before my morning cup of coffee are the debt markets. Of course if you are a regular reader of my work then you know why I do this, and…
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![Silver below $20 and Gold below $1800?]()
Silver below $20 and Gold below $1800?
On September 19th 2023, I published an article titled “The moment of truth for silver!“. I really meant it. The price of silver was contained between two major trendlines and technical traders were waiting for the break. What got me worried was the fact that everyone’s favorite white precious metal had retraced hard after briefly…
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![Stock markets fall under pressure as oil prices hit their highest levels in 2023]()
Stock markets fall under pressure as oil prices hit their highest levels in 2023
I have been updating my readers on the technical pattern on oil. The energy sector is bullish and the technicals are indicating more upside. The stock markets are falling on fears of an inflation surprise uptick. Oil is the lifeblood of the economy and higher oil prices means higher transportation costs. Costs which will be…
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![Jerome Powell signals higher rates may be needed]()
Jerome Powell signals higher rates may be needed
When Nvidia blew out earnings, many saw it as a catalyst to see stock markets break out higher. However, certain technical patterns and levels I have been highlighting in my Market Moment articles told my readers and I that the downtrend was not over. This, I believe, is the power of technical analysis. But fundamental…
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![Silver rallies five trading days in a row! Is China the catalyst?]()
Silver rallies five trading days in a row! Is China the catalyst?
After multiple red days in a row after breaking a key support level, silver has rallied for five trading days in a row setting up a key retest of broken support. At time of writing, silver is up over 8% since the beginning of this run-up starting August 18th 2023. And what are the catalysts…
