Stock Market on Day One: 2016
Take a look at the first day of trading for 2016 and you’ll see the power counterbalancing can have on your portfolio. This is...
Chinese Yuan Makes new Low
The Chinese Yuan has quietly made a new 52-week low and the currency is now trading at its cheapest level relative to the dollar...
RIP Richard Russell
The publisher of Dow Theory Letters has passed away at the age of 91. Richard Russell worked right to the bitter end. Even in...
Is this the End of Cash?
The Wall Street Journal reports that "Apple Inc. is in discussions with U.S. banks to develop a payment service that would let users zap...
Reagan on the Gold Standard
In the October issue of Intelligence Report, Dick Young wrote:
Richard Russell is now 91 years old. In a recent Dow Theory Letters, Russell wrote,...
The Monday Melee: The Strong Dollar a Problem?
What did Obama Say?
Rumors are circulating that President Obama called the strong dollar a "problem," while speaking to a G7 summit on Sunday. The White...
Gold Tested Again, Passes
Over the last week gold retested prices near $1150/ounce and continued to find support at that level. Since then prices have risen to $1192.88/ounce....
Is Euro-Dollar Parity Imminent?
For the first time since 2002 the euro is headed for parity with the U.S. dollar. Contributing to the steep drop in the euro's...
Gold for all in India
Big changes could be coming to the gold market in the coming Indian budget. Sources have signaled that the government is likely to cut...
Swiss Franc Soars
The Swiss National Bank announced today that it was dropping its three year-long peg to the euro. The franc soared on the news gaining...