Archive for the 'Gold' Category

This Is What Moves Gold

FINCON = 2         (12/20/11) Stock markets continue to go sideways – lots of volatility up and down – nothing new with that. Bond markets are hitting approaching new highs with the 10 year bond going to 1.80%.  This is a show of safety conern. Oil is down around $95 showing a concern that the world [...]

What’s Going On With Gold?

Here are the closing statistics for our key indicators (12/12/11): FINCON = 2 What is going on with gold?…….. The short answer is “I don’t know.”  The reason I don’t know is that all the data is not in yet, and won’t be in on what happened this last week until this weekend, or early [...]

Misleading Or Uneducated?

Here are the closing statistics for our key indicators (8/30/11): DJ30 – 11,559   up 19 US Treasury 10 Year Bond – 2.18%    down 0.09% USDEUR  -  1.4465 Gold – $1842     up $50 Oil – $88.86    up  $1.59 Stocks sideways, bonds up (interest rates down), gold way up, Dollar level to down, and sneaky oil is [...]

Curious Gold Market

Here are the closing statistics for our key indicators (8/22/11): DJ30 – 10,855   up 37 US Treasury 10 Year Bond – 2.09%    up 0.02% USDEUR  -  1.4357 Gold – $1895     up $48 Oil – $84.10    up $1.84 Stocks, bonds, Dollar, oil all sideways.  Gold, on the other hand, HIT AN ALL TIME HIGH again. Understanding [...]

What’s Happing With Gold

Here are the closing statistics for our key indicators (8/15/11): DJ30 – 11,482   up 214 US Treasury 10 Year Bond – 2.29%    up 0.05% USDEUR  -  1.4444 Gold – $1763     down $23 Oil – $87.68    up $2.30 Stocks jumped up again today – but the US economy isn’t very good, and stock prices could fall [...]

Bluebirds & Gold

Here are the closing statistics for our key indicators (8/8/11): DJ30 – 10,810   down 633 US Treasury 10 Year Bond – 2.34%    down 0.22% USDEUR  -  1.4198 Gold – $1720     up $60 Oil – $81.10    down $5.78 Wow, what a day.  The DOW fell 633 points, and hasn’t hit an equilibrium point for trading yet [...]

Gold Market Jumps

Here are the closing statistics for our key indicators (7/20/11): DJ30 – 12,593   down 88 US Treasury 10 Year Bond – 3.00%    up 0.04% USDEUR  -  1.4377 Gold – $1615     up $13 Oil – $99.09    down $0.89 Markets reacted to the lack of progress by the US Congress on the Debt Cap deal.  Stocks fell. [...]

The Unemployed Elephant

Here are the closing statistics for our key indicators: DJ30 – 12,639   up 55 US Treasury 10 Year Bond – 3.16%    down 0.01% – a very low interest rate right now. USDEUR  -  1.4313 Gold – $1495     up $10 Oil – $97.18    down $1.74 The standouts in the above measures are US Treasury interest rates [...]

Gold and a Road Trip

Dear Economyguy Readers, I wanted to tell you that I will be going on a prolonged road trip back East, starting Monday, picking up Christine’s dream car.  We will be driving it back home across America – seeing the beauty of our wonderful country and some treasured friends. I know some of you worry when [...]

Why Gold?

Gold….. Why do I continue to recommend gold?  Well, it is the fundamentals of what is going on in the US economy.  In particular, here is what I see: The US economy is going sideways at best. The FED  is doing a Quantitative Easing 2 and is now more than half way done printing $600B. [...]