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<h1 class="entry-title">Tag: Dow Jones</h1>
20 Nov
gold bars 50 day moving average

Gold Broke Out Over Its 50-Day Moving Average As Stock Market Fell This Week and Yield Curve Flattened

Gold Broke Out Over Its 50-Day Moving Average This Week Closing out the week just over $1,290, gold broke out over its 50-day moving average this week. With gold making its second weekly gain, it was building on last week’s safe haven rally. It opened the week at $1,277. Silver opened at about $16.95 and […]

05 Nov

October Spending Hit A Quarter of a Trillion Dollars – How Massive Can the Deficit Get?

October Spending Hit a Quarter of a Trillion Dollars The big story right now that no one is talking about is that October spending hit a quarter of a trillion dollars. October is generally considered a better month for the U.S. Treasury Department with the additional revenue of tax extension filers, but even with the […]

05 Feb
Dodd-Frank Act Repealed

President Trump Repeals Dodd Frank Regulations; Gold Breaks Above $1,200 Again

President Trump Repeals Dodd Frank Regulations Triggering Stock Market Rally The Dow closed 187 points up on Friday settling just over 20,000. Investor confidence got a boost as President Trump repeals Dodd Frank regulations. Goldman Sachs and other banking institutions were once again the big winners (unsurprisingly). The boost came Friday afternoon after President Trump signed […]

29 Jan
Hoover and the Soup Kitchens

History Repeating Itself? Lessons from Hoover on Trade Policy

Lessons from Hoover on Trade Policy: The Smoot-Hawley Tariff Act As the Trump administration starts enacting new policy, history can illuminate some valuable lessons from Hoover on trade policy and its implications. These implications could have especially relevant repercussions today. Trade has been an cornerstone of Trump’s campaign. This week he signed an executive order canceling the […]

08 May
Gold Market May

Gold Price Hits $1,300 – Could it be Moving Towards $1,500? Dollar Slump Continues to Drive Price While Stock Market Reels from Crushing Week

Gold Price Hits $1,300 On Monday, gold spot price passed the $1300 mark for the first time in over a year. Gold is up now 22 percent for the year and is crushing stocks, bonds, and most other asset classes. Gold’s performance this year has been driven by a few different factors. The first was […]

Welcome to the Wall Street Casino

Jim Clark 8/28/2015 THIS IS NOT YOUR FATHER’S STOCK MARKET On Monday- we saw a one thousand point swing in the DOW IN ONE DAY! As we wrote last week, we are seeing unprecedented volatility in the Dow Jones Industrial Average and in the broader markets, the S&P and The NASDAQ.  The chart below shows […]

Dow Index Down 531 Points Friday as Dollar Collapses

Jim Clark 8/23/2015 DOW SLAMMED FRIDAY TO CLOSE DOWN 531 POINTS The weakness in stocks since May became a rout on Friday with the DJIA plunging 531 points amid a broad based sell off including the S&P and the NASDAQ. International markets reflected the same flight from equities as well. The decline in the DJIA […]