Can Spot Gold Break Free Of Descending Triangle Pattern It Is In?

Spot gold is at a critical juncture. Since the metal troughed on December 3rd last year through the March 11th high, it rallied 23 percent.  Even before that high, gold had been in a sideways pattern since it spiked 4.1 … Continued

Markets Looking For Hints Yellen Put Alive And Well

posted in: Credit, Economy | 0

Later today, markets will learn if, when it comes to the so-called Fed put, it is game as usual or winds of change are beginning to blow. The Fed put refers to a practice of reducing interest rates to deal … Continued

Extremely Rare For Fed To Tighten When ISM Manufacturing Is In Contraction Mode

posted in: Credit, Economy | 0

It can potentially be a momentous day.  December 16th, that is.  That is when the Fed would be completing its two-day FOMC meeting – this year’s last – and decide whether or not to raise interest rates. The last time … Continued