Gold’s Long-Term Trend Is Still Up

Gold has been a lackluster performer over the past few years as it has gyrated back and forth between $1,600 to $2,100 per ounce and ending up close to where it started. Despite this sleepy performance, gold’s long-term trend is still intact and it is bullish. A very important long-term uptrend line formed in the…

Short The British Pound In January

Photo Illustration by Karol Serewis/SOPA Images/LightRocket via Getty Images SOPA Images/LightRocket via Getty Images There are two reasons to sell Sterling short. First is that the month of January has brought lower prices in 60% of the last 40 Januarys. We can see this in the histogram below. Pound Annual Histogram This is the weakest…

Ukraine, China And Europe Matter

Vintage illustration of a fortuneteller gazing into a crystal ball; screen print, 1920. (Photo by … [+] GraphicaArtis/Getty Images) Getty Images No one knows for sure what 2023 will bring to Wall Street. Nevertheless, recent history suggests what we might want to keep an eye on over the next 12 months. Close up of Ukraine…

Where Are Yields Headed Next?

Bond yields and rates for saving accounts on the screen. getty In my November 2nd analysis of the bond market “Close To A Top In Yields?” there were technical signs that the yield on the 10-Year T-Note was likely to move lower. As discussed later these were very similar to the signals in early August…

DOL Warns Retirees: Watch Your Assets!

getty You’ve saved and saved your money to build a hefty retirement savings account. You’ve trusted your retirement investment manager to build those assets. Whether you’re an employee saving in the company’s 401(k) or a business owner saving in your own retirement savings vehicle, if you’ve got a competent provider and the discipline to save,…

How To Retire On Dividends In 2023

Focused young Caucasian man look at laptop screen calculate expenses expenditures pay bills taxes … [+] online. Millennial male busy managing household family budget, take care of financial paperwork. getty A terrible 2022 is our income treat. There’s never been a better time to retire on dividends than right now. Today we’re going to spotlight…