From Chindit 13-H/T Zero Hedge The Best of Times, the Worst…. It was the best of times, it was the worst of times. This time is different. There is nothing new under the sun. All of us—by “us” I mean human beings—tend to think too much with our egos and not enough with our rational minds.  When we are young, we think we have unique...

The Mad Russian just put out a new, eye-opening video. In it, he shows how he turned a $30,000 account into over $1.2 million by switching to safer trading strategies like his weekly income system. This is a perfect example of why you should be looking at safer, simpler and more intelligent trading strategies. Click here to watch the video now Plus,...

Gold Scents Don’t let the title fool you, for reasons I’ve outlined in this weekend’s report I think gold likely has one more move to new highs before the D-wave begins. However, the action in the dollar and silver this week have probably taken the parabolic phase of this C-wave off the table. Rather than the normal sharp spike up...

The price action in precious metals and oil this past week has been breathtaking. The last time we have seen this much volatility in commodity prices was amidst the financial crisis in 2008 and the early part of 2009. Does this mean we are at the brink and risk assets are going to decline precipitously? Obviously that question cannot be answered with...

by Tyler Durden Once again Goldman confirms that its sellside analysts either bat 1.000 or 0.000. While Themistoklis Fiotakis’ view, which we published yesterday, warned very prudently that the EUR surge is coming to an end, just as the European currency was about to take a 600+ pip tumble in under 48 hours, the other FX expert at bat (and...

By: John Darsie of T3Live After surging to fill the gap in the morning, the market turned sharply lower in the last hour of trading on heavy volume. A discouraging increase in jobless claims this morning was the catalyst for pre-market losses, and traders are selling off positions into tomorrow’s precarious unemployment rate and non-farm payrolls...

by Tyler Durden Today’s BLS of 244K is great… until you exclude the 62K from McDonalds hirings, and 175K from the Birth Death Adjustment, and end up with…. +7K jobs. And yes, the “McDonalds factor” is to be included. Per Goldman: McDonald’s Corporation said that it hired 62,000 people during an April 19 promotional...

If you’ve been curious about Mikhail Borisov’s new index options trading system, pay attention for a moment. That’s because Mikhail and his team have put together a NEW video that lets you watch as one of Mikhail’s students executes the system LIVE in real time. You can watch the whole thing in action, step by step. Click here to watch the...

By Phil of Phil’s Stock World How low can we go? I made a bottom call on the Dollar at 73 (and a top call on the markets) last week, not because the Dollar is strong but because the alternatives aren’t so hot either.  While we have dipped a bit below that line, we are in serious danger of recovering now and I say danger because –...

Courtesy of Mish ECB President Jean-Claude Trichet has backed off his usual way of signaling a rate hike, which is to use the phrase “strong vigilance”. Instead, Trichet said today “the ECB will monitor inflation risks very closely”. The market interpreted this change as a pause in rate hikes by the ECB. Unlike most, I had been...

by Karl Denninger Such has been the siren song for the last few months on commodities in general. Despite my repeated warnings that markets aren’t that simple, and that it has all been leverage – that is, cheap debt – that has powered them higher, nobody wanted to hear it.  “Gold is money.”  “Silver is money.” Uh...

by Tyler Durden The anti-speculator witchhunt is bearing fruit: following the wipe out in precious metals, the next, and key, target of this commodity take down, crude, just went from triple to double digits, hitting a low of $99.70, with the $100 limit orders resulting in a surge in the USD and accelerating the drop in EUR. Stocks continue to be...

by Tyler Durden The liquidation wave has arrived, as the entire commodities complex, with an emphasis on silver and crude, continues to feel the wrath of a bipolar market which from inflation has suddenly realized that the underlying deflation needs to exhibit itself before the US Central Bank has a justification for more monetization. Elsewhere,...

By: John Darsie of T3Live After an intraday bounce yesterday lifted the mood of investors, the markets have turned back down pre-market Thursday as futures are set for a lower open. While we were already in the midst of a technical correction after a steep bounce to new highs, data showed a major slowdown in the service sector versus the prior month...

The past few weeks we have been seeing the US Dollar slide to new lows at an increasing rate. The strong devaluation of the dollar has sent precious metals like silver and gold rocketing higher out of control sending them parabolic! During the past 6 weeks both silver and gold have been rising in a parabolic formation. Meaning the price is going straight...