Blog

Outlook for the US economy in 2013 – Brian Bloom

Trans-Alaska Pipeline - Atigun Pass

Summary   POTUS may have made a serious tactical error, in “engineering” the House fiscal cliff vote. US Public Debt limit negotiations loom.  The error can be retrieved if he backs down and shows humility in negotiations. If he continues with his arrogant approach, the economy (and the gold price) might head south.   ******** more…

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

Fiscal Cliff: Human Arrogance and Economic Consequences

NYSE Floor

Below is a quote from an article on “tight oil” production that appeared at http://www.econbrowser.com/archives/2012/12/future_producti.html . It captures the overall thrust of the article itself and also of the comments that flowed from readers.   “The 2005 to 2011 rate of decline in the GNE [Global Net Exports of oil]/CNI [China and India consumption of more…

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

Gold’s Sell Signal (Brian Bloom)

Was gold's technical buy signal genuine?

On December 18th, Gold gave a technical sell signal – as can be seen from the chart below (Courtesy StockCharts.com)     The sell signal is not yet definitively bearish because even at $1560, gold will be “trading” within the confines of a well established range. Nevertheless, the target measured move of $1109 on  the more…

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

$XAU – Death Cross (Brian Bloom)

Was gold's technical buy signal genuine?

$XAU – Death Cross     Summary and conclusion   The behaviour of the gold share index may be an early warning sign that Quantitative Easing is about to take a back seat and be replaced by an emphasis on balancing the US budget. Should this turn out to be the case it will place more…

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

Is the Fiscal Cliff the result of psychopath leaders?

Windsurfing-at-Port-Stephens

In the early hours of this morning – at 3:00 am to be precise – I was lying in bed thinking about how the world got to this point in its history, and I started thinking about the synchronicity of the French Revolution, the American Revolution and the Industrial revolution that began to emerge in more…

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

The Gold Barometer (Brian Bloom)

Was gold's technical buy signal genuine?

  The Gold Barometer   There are some very respected technical analysts who are calling for an exploding gold price and there are also a few respected technical analysts who disagree with that view. One analysis that recently arrived in my inbox shows that gold’s On-Balance-Volume chart is giving sell signals.   From a technical more…

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

Gold: $1109 price target still prevails (Brian Bloom)

Was gold's technical buy signal genuine?

    Within the context of a Primary Bull Market, the price destination target of $1,109 an ounce for gold remains prevalent; as can be seen from the 3% X 3 box reversal Point & Figure chart below (courtesy stockcharts.com) Chart #1 – Gold Price: 3% X 3 Box reversal P&F chart   Intriguingly, on more…

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

How Governor Romney might win the Presidential Election ….

Trans-Alaska Pipeline - Atigun Pass

 …..and resuscitate the US economy, and stimulate the World Economy, and also facilitate peace in the Middle East.   It seems clear that, for Governor Romney to win the US Presidential election, it will be necessary for him to win in the states of Ohio and Florida. To achieve this he should be leveraging off more…

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

The Markets: A Sucker Punch?

NYSE Floor

The markets: A sucker punch?   To be useful, technical analysis of investor behaviour requires a suspension of prejudice; which is an extremely difficult outcome to achieve. The chart below – of the S&P 500, courtesy stockcharts.com  – has given a strong buy signal. At face value, this makes no sense. The world economy is more…

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS

End of a financial era approaching

NYSE Floor

August 19th, 2012.    Summary and Conclusion   The time has arrived for a structural change in investor viewpoint. Exposure to market risk should rationally be replaced by exposure to business risk, provided entry costs are low relative to the intrinsic worth of the business opportunity/ies. Next-generation energy paradigms (and related industrial and commercial ventures) more…

  • Facebook
  • Twitter
  • Delicious
  • LinkedIn
  • StumbleUpon
  • Add to favorites
  • Email
  • RSS