Cryptocurrencies Hit All-Time Highs, Gold Spikes Higher As Investors Flee The Stock Market

Bank of America Merrill Lynch reported this week that investors had pulled $30 billion from US stock funds over the last ten weeks. And, the latest week of outflows marks the 10th straight week of withdrawals, the longest in more than a decade. Investors pulling $30 billion from the stock market in the last ten weeks is […]

Gold Spikes On Heavy Volume On Trump, U.S. Political “Mess” RSS Feed – 24hGold Editorials and commentaries

Inflation Spikes in 2017, Supporting Gold Prices Despite Increased Odds of March Rate Hike

Inflation is coming. In fact, inflation rose at the fastest pace in four years during January. Consumer prices surged 0.6% in January from December, double the consensus forecast of a 0.3% rise. This marks the sharpest monthly increase since February 2013, according to the Bureau of Labor Statistics. The Market Oracle

US Jobs Report Spikes Stock Market

Good Morning! SPX futures are higher, taking out the 2289.14 high. The bearish count suggests another double zigzag that does not take out the 2300.99 high. A possible target may be the Cycle Top high at 2295.95. The Market Oracle