Financial Sense Blog

I wanted to call this article ‘Will the Internet and Markets Survive growth’ but that was too complicated to get an idea I have across. It’s a big idea.

This is a continuation of the comment on federal debt [Part I, question 1-3] published on Jan 10, 2011.

The energy sector has been dismissed over the past two years since the lofty days of $147 oil in favor of technology, consumer discretion, industrial, and financial stocks; however, with just $10 to go before hitting triple-digit prices again, the energy sector is saying “I’m back baby”. Like the title says, the daily charts on service, equipment, producers, explorers, and refiner stocks look scary; however, the weekly charts look gorgeous.

The price of the precious metals are falling. That is because there is a six month cycle exerting a downward influence on both. The time to backup the truck is coming. In this article I take a look at where we are in that cycle now.

J Adam Hewison shows how to trade crude using three key technical indicators.

The Commodity Futures Trading Commission was given broad powers – by last year’s Dodd-Frank Wall Street Reform and Consumer Protection Act – to restructure the futures and over-the-counter derivatives markets. And Gary Gensler, appointed to chair the commission in May of last year, is known to be something of an activist.

Gold blasted through $1380 early this morning! Your gold bullion pile, marked to paper currency model, just rose by approx. 1.5% in value from the $1360 area lows! Good news, and, perhaps, congratulations to you.

The Federal Reserve’s Vice-Chair Janet Yellen provided a spirited defense of the Fed’s quantitative easing program at the American Economic Association annual meeting last week. She laid out what clearly seems to be the conventional wisdom inside the Fed as to the effects of its crisis programs, the results of the current additional $600 billion of additional asset purchases, and the hoped-for path of employment flowing from those policies.

Sometime between early February and early April the market should drop down into a major yearly cycle low. Last year that cycle low came during the first week of February.

Let the truth be known, the world is being held hostage by powerful bankers. Thanks to the fiat-money fractional reserve system, bankers have become the ruling elite and as a result, entire nations are going bust.