Posted in Commodities, Daily Comment, Option Spreads on May 2nd, 2012
It’s been a long time since my last post. Much has happened in the stock market, of course, and I hope to comment on that soon. But first I wanted to take a look at the natural gas market. Natural gas has been in a bear market for a very long time. You can see on the [...]
Posted in Commodities, Daily Comment, Stock Market, Weekly Comment on Jan 16th, 2012
As interest rates trend toward a zero percent yield it seems most traders and analysts are calling the interest rate market a bubble. Some are calling it the greatest bubble in years, and one that is about to burst wide open. That argument does seem logical on the surface. It doesn’t seem to make sense [...]
Posted in Daily Comment, Gold, Weekly Comment on Sep 25th, 2011
The action in world markets last week took many markets down, of course, but especially hard hit was the gold market. I’ve been suggesting that this market has been in a bubble for some time. Bubbles do tend to grow larger than anyone expects, and this one certainly exceeded the expectations of all but those [...]
Posted in Daily Comment on Aug 25th, 2011
It’s been a long time since my last update. I took the month of June off for vacation in New York as well as a Sheridan reunion in Chicago. Upon my return I was facing the huge task of moving my mother from a large home into a small retirement apartment. It is amazing how [...]
Posted in Commodities, Daily Comment, Gold on May 24th, 2011
It’s been a while since my last update. The last two updates were on the silver bubble as it was reaching a very overbought condition. At the time it seemed like the bubble would burst at any moment, but as is usually the case in an extremely overcrowded bullish market, the bubble burst very dramatically [...]