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8.26.2015 Financial Intelligence Report Bookmark

Market Top?

Thursday was an ugly market day. Friday was considerably uglier. Then Monday happened.  I’m sure you all know what took place by now. Right after the open the DOW fell 1089 points in a “flash crash”.   What was that all about?

Let’s do a bit of recent history. Since February of this year the market has wiggled “sideways” in a “box” so to speak. We had an S&P top at about 2117 and a bottom at about 2040.  So for months on end we bounced along inside that range, generally running higher for 2,3 or 4 days and then selling back down for 2, 3 or 4 days. Over and over, wash/rinse/repeat.

5.10.2015 Financial Intelligence Report Bookmark

Is Gold Set to Soar?

Let’s face it, I like gold. Okay? We can get that right out in the open, right off the bat. I actually came out of high school and went straight to a college that taught watchmaking, clocks, hand engraving, and jewelry design and repair. Precious metals and stones have intrigued me since I was a kid.

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