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Beats the heck out of me what happens Wednesday but when : The nasdaq is down 70 early and finishes up 25… The dow is down 222 early and finishes only down 51… The lagging Russell, for a change…is up almost 2%… It usually means market already putting a line in the sand after a…

Except for two teases to the upside, we have been bearish on GOLD almost since the highs more than 3 years ago. We are still not bullish. But we have now taken a neutral stance as we think there is a chance a firm low has been put in. A break of recent lows would…

More of the same. Commodity areas crushed. In fact, energy continues its crash. Yes…that is a slow moving crash. BUT…after the CENTRAL BANK-INDUCED climax low, we are finally starting to see some decent amounts of distribution. As we have stated, markets were stretched, extended and overbought combined with a massive dose of bullishness. This usually…

For 5 years, we have been telling you the economy was just ok. We have been telling you we will go back and forth from decent quarter to a blah quarter. Well, after $13 trillion of printed money,  zero percent interest rates and $7 trillion of new debt…combined with the latest moves by Japan, Europe and China…maybe…

Did you see the Dax yesterday…down 120 because the ECB made no noise about massive printing of money. After all, they have been teasing. But soon after, it is announced that in January, the ECB will create massive amounts. This is on top of Japan, China and all the 0% interest rates around the globe….