Category Archives: Uncategorized

China Pushing Back, Gold Spikes $10

Posted on December 16, 2016 by macromon

As we said a few days ago in our post,  Is Gold Finished, to get a new bull market jump started…a bull market sparked by geopolitical risks, which could increase markedly, in a scenario where, say,  the new President-elect tries … Continue reading →

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Watch Those Gold Miners (GDX)

Posted on December 15, 2016 by macromon

The gold miners index (GDX) gapped down another 4 1/2 percent today even after yesterday’s 5 percent down day.  Gold, the Feb futures contract, closed down about another $15 lower from the 5 pm electronic futures market close in New … Continue reading →

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Mr. “King Dollar” Takes The CEA

Posted on December 15, 2016 by macromon

Congrats to Larry Kudlow,  a good guy (though a supply side ideologue),  as reports pour in that President-elect Trump will appoint him to head up the Council of Economic Advisors (CEA). He has always advocated a strong dollar, or “King … Continue reading →

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Is Gold Finished?

Posted on December 14, 2016 by macromon

Big drop in gold today after the FOMC announcement.   Let’s go to the charts. The yellow metal is approaching a 5-year low at around $1,050 (actually $1,046.25), which it hit right around this time last year.   Tough to see a … Continue reading →

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Real Clear Markets Picks Up Our Free Trade Piece

Posted on December 14, 2016 by macromon

Go to Off The Street section and click on A Story About Free Trade Globalization- Global Macro Monitor

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Video of the Day: Cristo Redentor

Posted on December 13, 2016 by macromon

Yikes!   Just driving up and down the road to get to the Cristo Redentor is scary enough! These daring men are walking on one of the New Seven Wonders of the World. They’re risking their lives to do repairs due … Continue reading →

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QOTD: Hoover, Damn!

Posted on December 10, 2016 by macromon

Hoover’s jawboning had persuaded Henry Ford to raise salaries at his car plants, utilities to invest, and companies not to cut jobs. To boost wages, Hoover curtailed immigration. To protect businesses he signed the Smoot-Hawley Act, increasing duties on thousands … Continue reading →

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COTD: Working Hours To Buy iPhone

Posted on December 9, 2016 by macromon

The World Economic Forum reports, How many hours must you work to buy a new iPhone? It varies dramatically around the world, reflecting disparities in productivity and purchasing power. According to a 2015 report by UBS that aims to measure … Continue reading →

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Nattie Fresh!

Posted on December 9, 2016 by macromon

Take a look at the chart below, which shows a series of CO2 emissions versus Natural Gas’ Share of Electric Power Consumption.    The increase demand for the “clean fossil fuel” versus  burning dirty coal to fire electric plants has … Continue reading →

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Nattie’s Immaculate Reversal

Posted on December 8, 2016 by macromon

F**k  Technical Analysis.  F%%k  Candlesticks.   That is the way we feel after yesterday’s post about the sure thing short in Natural Gas futures.  When you hear or feel “sure thing” in trading, head for the hills.  Hey, but we were … Continue reading →

Posted in Natural Gas, Uncategorized | Tagged , | 3 Comments