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Will Spain Be The First To Default On Pensions?

Will Spain Be The First To Default On Pensions?

The Pension Crisis is brewing rapidly and we will begin to see this make headlines much more so around the world. There is hardly a country not in trouble (Norway the exception), where pensions are underfunded as governments have relied upon tax revenue. As the crisis in Spain brews, it will be the pension crisis […]
Crude Oil Prices Eye Inventory Data As Gold Awaits Yellen Speech

Crude Oil Prices Eye Inventory Data As Gold Awaits Yellen Speech

Crude oil prices paused to consolidate amid a lull in top-tier news flow, as expected. The weekly API inventory flow report is now in focus. Official EIA statistics due on Wednesday as expected to show a 1.7 million barrel drawdown and this release will be judged against that baseline. A larger outflow is likely to boost prices while a smaller […]
Doomsday Preppers Are Switching Allegiance From Gold To Bitcoin

Doomsday Preppers Are Switching Allegiance From Gold To Bitcoin

The gold versus Bitcoin debate is complex, nuanced and still in its embryonic stages when put into the perspective of gold’s known 2,700-year use as money versus Bitcoin’s very modest eight-year track record. From a pure investment perspective, as the following Bloomberg chart shows, Bitcoin has obviously “wiped the floor” with its esteemed rival and, […]
USD/CAD Daily Analysis – Tuesday, November 21

USD/CAD Daily Analysis – Tuesday, November 21

USD/CAD is facing 1.2819 resistance once again. A breakout of this level could take price towards 1.2916 previous high. Near-term support is at the rising trend line on the 4-hour chart. Only a clear break below the trend line will indicate that the short-term uptrend from 1.2666 is complete, then deeper decline to test 1.2666 […]
Where The Economy Stands For 2018

Where The Economy Stands For 2018

Where The Economy Stands For 2018 The market has certainly gotten a bit rocky. They say November is historically a strong month for the markets. That’s mostly because funds are cleaning up their positions and taking new positions. That buying tends to be bullish. I track labor metrics to understand the breadth and depth of […]
TSI’s Principles Of Technical Analysis

TSI’s Principles Of Technical Analysis

Although my primary focus is on the fundamentals, I do use Technical Analysis (TA). However, many of my TA-related beliefs deviate from the mainstream. Below is a collection of these beliefs presented in no particular order. The collection is not comprehensive, but it gives an overview of how I think historical price action can and […]
Tax Plan Puffery

Tax Plan Puffery

DOW + 72 = 23,430SPX + 3 = 2582 NAS + 7 = 6790 RUT + 10 = 1503 10 Y + .02 = 2.37% OIL – .32 = 56.23 GOLD – 17.40 = 1277.00 Cryptocurrency Number of Currencies: 912 Total Market Cap: $242,651,274,595 24H Volume: $8,257,485,175 Top Cryptocurrencies     Name Symbol Price USD […]
AUD/USD Flirts With Lower Lows Amid The RBA Minutes

AUD/USD Flirts With Lower Lows Amid The RBA Minutes

The Reserve Bank of Australia released its meeting minutes from the most recent rate decision in November. They said that there is “considerable uncertainty” about wages picking up. Regarding inflation, they also see any “pass-through” as being delayed due to many factors. What about the Aussie? They repeat that any further rise in the A$ would slow […]
Sensex Opens Firm; Consumer Durables & Realty Stocks Gain

Sensex Opens Firm; Consumer Durables & Realty Stocks Gain

Asian stock markets are higher today following the lead from Wall Street overnight amid strong economic data. The Shanghai Composite is up 0.33% while the Hang Seng is up 0.88%. The Nikkei 225 is trading up by 1.02%. US stocks rose on Monday as Wall Street bet tax cuts would keep economic expansion going. Back home, India share markets have opened the […]
The US Dollar Has Recouped Some Of The Losses

The US Dollar Has Recouped Some Of The Losses

Yesterday’s trading on the major currency pairs were quite active. The dollar index (#DX) closed the trading session in the positive zone (+0.45%). The US currency was supported by the growth of the US government bonds yield. Political risks in Germany continue to put pressure on the euro. At the moment, the majors are consolidating. […]