I’ve been talking about the inverse head-and-shoulder pattern that is forming in gold, and it’s one of the things I examine in my new gold report. Trader Adam Hewison looks at the same pattern in a new video, and comes to the same conclusions I do …
http://broadcast.ino.com/education/energy_fields/
From the monthly archives:
June 2009
LOS ANGELES (MarketWatch) — The central bank governors of China and Brazil have agreed in principle to allow trade between the two countries to be settled in their respective currencies, reports said Sunday.
People’s Bank of China Gov. Zhou Xiaochuan and Banco Central do Brazil President Henrique Meirelles met on the sidelines of the Bank [...]
June 29 (Bloomberg) — China plans to increase strategic crude oil reserves by 160 percent to 270 million barrels during the next five years, Nikkei English News said, citing an unidentified official from China’s National Energy Administration.
China will spend 30 billion yuan ($4.39 billion) for stockpiling facilities with a capacity to hold 169 million [...]
I have a new video out for Uncommon Wisdom Daily. Here’s a transcript …
http://www.martinweiss.com/images/pdf/Sean_Brodrick_UWD_Video_063009_Ride_the_Silver_Rocket.pdf
You ever have one of those days where your computer crashes and wipes out hours of work? I’m having one of those days. Hence, an abbreviated blog post. Keep your eye on the dollar, it’s running the show …
It’s a busy day for me as I wrap up my gold report for next week. Here is some reading you might enjoy …
Fact of The Day
Americans, trained to pay the advertised price, have taken to haggling in these hard economic times. America’s Research Group, a South Carolina pollster, says 72% of 1,000 consumers interviewed [...]
Let me show you a chart of the CRB Index — an oil-heavy index that tracks a basket of commodities – but first, I need to show you five stories to give it some context …
Story #1 — China Commodities rally coming to an end: analysts
Moody’s has changed its outlook to negative for base metals, [...]
I talked to Phil on Friday. Here’s the interview link:
http://www.howestreet.com/index.php?pl=/goldradio/index.php/mediaplayer/1259
