Gold Stocks Articles

Chart In FocusCrude Oil’s 10-Year Message

Crude Oil Foretold the Trump Rally 10 Years Ago / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Sep 2, 2019August 30, 2019We currently have trade wars, presidential tweets, inversions in the yield curve, slowing earnings growth, decreasing corporate share buy-backs, and all manner of other problems affecting the stock market.And yet the long-term message from crude oil prices says that the stock market ought to continue trending upward into 2021.It...Read More

Chart In FocusTrump Thinks He Wants Low Rates Like Europe, But Be Careful What You Ask For

Treasury-Bund Spread Just Gave Stocks New Life / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Sep 15, 2019September 12, 2019President Trump has been articulating his wish on Twitter and elsewhere that the U.S. have interest rates as low as other countries.That’s an understandable wish, as no one likes to pay more than the other guy is paying for something.In economics there are often unintended side effects, and that is what this week&rsquo...Read More

Chart In FocusYield Curve and Small Caps

Inverted Yield Curve, and Small Caps / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Sep 24, 2019September 19, 2019Back on August 22, I wrote here about how the spread between the 10-year T-Note yield and the 3-month T-Bill yield gives us a leading indication that is relevant for small cap relative performance.This time, I look at the "yield curve" in a different way, via the spread between 10-year and 2-year yields.The 10-year to 3-mont...Read More

Chart In FocusEurodollar COT Model Calls For Continued Rates Drop

Fed Needs a Half Point Cut Now, and More Soon / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Oct 22, 2019October 17, 2019Short-term interest rates have been falling, pushing the Federal Reserve to cut its own Fed Funds rate target.This week’s chart says that there is still a lot further for rates to fall. I get a lot of data out of the CFTC’s weekly Commitment of Traders (COT) Report, and I review the relevant insights every Friday i...Read More

Chart In FocusBig Rise Coming in Food Prices

Warm Temperatures Mean Lower Inflation, To a Point / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Dec 18, 2019December 13, 2019Food prices are poised to see their biggest rise in several years, and not just because China is going to become a buyer again of U.S. agricultural goods.There is a different reason for expecting food prices to rise, and it is contained in this week’s lead chart. Gold prices act as a leading indication for lots of diffe...Read More

Chart In FocusGold COT Data Call for More of a Drop

Gold COT Data Show Bottoming Condition / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Dec 31, 2019December 27, 2019Gold prices are seeing a Christmas week pop, getting all of the gold bugs excited again.But the smart money “commercial” traders of gold futures have a different vision of the future. Every Friday, the Commodity Futures Trading Commission (CFTC) publishes its Commitment of Traders (COT) Report, detailing the numbe...Read More

S&P Soars To Record High After Trump Speech; VIX, Oil, & Gold Plunge

1//20 / Zero Hedge

And just like that, it never happened!The S&P 500 just broke to a new record high...Continue...Read More

Chart In FocusFed Funds COT Leading Indication

How Seasonality Has Changed / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Jan 9, 2020January 3, 2020The efforts of the Federal Reserve to inject extra liquidity into the banking system over the past 2 months have helped to fuel the year-end (2019) rally.Questions remain about how long the Fed may choose to keep up that effort, and whether the Fed has enough ink in the printing presses to overcome other market forces. And with...Read More

Chart In FocusVIX Is Not Confirming Higher Prices

VIX Rate of Change More Important Than Its Level / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Jan 15, 2020January 9, 2020The major averages are ignoring missile strikes, oil market turmoil, and excessively bullish sentiment, keeping prices marching higher in 2020.But we have a major bearish divergence now in the VIX Index, which is NOT making lower lows to confirm those higher price highs.The VIX Index made its lowest closing low for this price u...Read More

Chart In FocusHow are Stocks Going Up While Earnings Go Down?

Fed Needs a Half Point Cut Now, and More Soon / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Feb 6, 2020January 31, 2020The primary driver of stock prices is supposedly earnings, right?So how is it that earnings as a percentage of GDP have been falling since a peak in late 2014, and yet the major averages like the DJIA and SP500 are up 60% since then?This week’s chart looks at some data which is buried deep within the Bureau of Economic An...Read More

Paul Craig Roberts on Abby Martin's Lawsuit: Will Censorship Prevail over the First Amendment?

18/2/20\ / Institute for Political Economy

Abby was scheduleded to give the keynote speech at a conference at Georgia Southern Univeristy. She discovered that in order to speak publicly at a Georgia college she had to sign a pledge of allegiance not to Continue...Read More

Chart In FocusIt Takes 15 Months for Yield Curve Inversion To Be Felt

Small Cap Underperformance Is Not Over / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Feb 24, 2020Febuary 20, 2020We had an inverted yield curve in 2019, and yet the planet did not tumble off its axis.The sky did not fall.So does that mean an inverted yield curve is not really a problem?In a word, NO!What the casual armchair economists do not realize about the yield curve is that the effects on the economy of changes in yields are delayed...Read More

Chart In FocusFed Pulling Back from Repos at The Wrong Time

It Takes 15 Months for Yield Curve Inversion To Be Felt / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Mar 4, 2020Febuary 28, 2020The Federal Reserve decided in September 2019 that it would start to insert itself into the market for “repurchase agreements”, or repos.The reasons why the Fed honchos decided that they needed to do that will be an interesting subject for future historians.For current market historians, the important point about th...Read More

Chart In FocusSudden Surge in Bearishness

QE is Bullish for Stocks, Bearish for Bonds / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Apr 6, 2020Apr 2, 2020The past 3 weeks have seen a huge surge in the bearish percentage among the investment advisors and newsletter writers in the Investors Intelligence survey.Often these data are shown as the spread between the bulls and the bears, but for this week I thought it would be informative to look at just the bears alone.And to better correl...Read More

Alasdair Macleod: Will COVID-19 Lead to a Gold Standard?

13/Released on 5/20 / Jay Taylor Media

Alasdair Macleod, has a background as a stockbroker, banker and economist, heightens his warning of an impending collapse of the existing dollar-centric fiat currency system.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More

Axel Merk talks about OUNZ, a paper gold ETF that allows investors to take possession of physical gold

13/Released on 5/20 / Jay Taylor Media

Axel Merk, President and CIO of Merk Investments, talks about OUNZ, a paper gold ETF, that allows investors to take possession of physical gold.Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on building sust...Read More

Axel Merk - Can You Prosper During this Gargantuan Economic Decline?

20/Released on 5/20 / Jay Taylor Media

Axel Merk, provides analysis of various markets and how to best prepare for survival and hopefully prosper in the midst of this impending economic depression.Axel Merk is the Founder, President, Portfolio Manager, and CIO at Merk Investments LLC. He is an expert on qualitative research and macroeconomic trends. Mr. Merk is also an expert on macro trends, hard money, international investing, and on...Read More

Chart In FocusUnemployment Is Not “Good”, But It Is Bullish

Yield Curve Really Does Matter for Unemployment / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted May 31, 2020May 28, 2020The officially stated rate of U.S. unemployment in April 2020 was 14.7%, the highest since the Great Depression, when the data were not as rigorously tabulated compared to these days. Regardless of whether the 14.7% number is exactly correct (it isn’t), it is still a high number. And May’s number may be higher still wh...Read More

Alasdair Macleod - The Path to Monetary Collapse

3/Released on 6/20 / Jay Taylor Media

Alasdair Macleod explains why John Laws Mississippi Bubble shows the path to dollar destruction perhaps by the end of 2020.Alasdair Macleod is head of research for GoldMoney. He also runs FinanceAndEconomics.org, a website dedicated to sound money and demystifying finance and economics. He has a background as a stockbroker, banker and economist. Read More

Chart In FocusRogue Wave Follow Up

Stock Market Showing Another Example of “Rogue Wave” Behavior / McClellan Financial Publications, Inc

McClellan Financial Publications, IncPosted Jun 17, 2020Jun 11, 2020Back on March 19, I wrote here about "Stock Market Showing Another Example of ‘Rogue Wave’ Behavior".This week’s chart updates that same chart from the article 3 months ago. The only change is that 3 more months’ price data have been added.In an oceanic rogue wave, the huge wave “borrows&rdq...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok