Dogged by the War on Cash – Part 2
Physical forms of currency such as cash and personal checks are increasingly falling out of favor with global consumers for alternative forms of electronic payment. Online banking and automatic bill pay availability have made the use of cash for high-cost purchases,...
Whoever Owns the Most Gold Wins – Technical Analysis
With so many diplomatic and economic fires smoldering that put pressure on the financial markets, it was inevitable that something would nudge gold out of its spring seasonality doldrums. I find it fascinating that as gold experienced a solid $30 rally over the last...
Chocoholics Will Pay Higher Prices for a Fix – Cocoa Technical Analysis
Fundamental issues surrounding cocoa and technical signals on the futures price chart may portend a rally beginning this summer and fall, which is unfortunate for chocolate lovers and chocoholics. The cocoa crop in Ghana and the Ivory Coast in West Africa are...
The Bitcoin Crypto-Coaster Ride – Technical Analysis Part 3
“The Bitcoin Crypto-Coaster Ride – Technical Analysis” Part 1 published on May 24, 2018 and Part 2 published on Nov. 24, 2018 began with the following quote, and today is no different: “There will be no financial press, fundamentals, cryptophant community...
Timber Bear – The Decline in Lumber Prices and Stocks to Watch
The price of lumber experienced a steep rise since the depths of the Great Recession and was particularly strong through most of 2017 and 2018. Framing Lumber Prices Down 30% Year-over-year… “Random Lengths prices are down 27% from a year ago, and CME futures are down...
Core Money: Gold and Silver’s Value Universe
I personally own precious metals because it's the sensible thing to do. With the national debts of all modern nations, from Australia to Japan, the entire continent of Europe, Canada, and the granddaddy of all debtor nations, my native U.S. of A. ballooning into the tens of trillions, it's not even an option to have only fiat digits in your asset portfolio. Educate yourself on the all-important attributes of precious metals investments!