NEW! PRECIOUS METALS TREND ALERTS
CHART: Major Buy Signal Looms on Gold
We are excited to announce the release of our new Precious Metals Trend Alerts service! All of our paid subscribers now have access to my own weekly chart analysis of gold, silver, palladium, and platinum! (If you are already an FTM Insider, click here to view these charts now.)
The above chart, which is based upon our powerful Market Barometer trend analysis method, tracks the long-term trend (which we call the “Position Trend”) for gold, silver, palladium, and platinum!
Every Wednesday, our paid subscribers will get access to these charts, along with any important trading commentary from me.
Would you like get access to these charts each week? If so, choose your package here, and let’s get started!
Real-Time Market Update
(Courtesy of Finviz.com)
- GLOBAL DEBT BUBBLE WORSENS. Global debt has increased by $57 trillion since 2007 to almost $200 trillion — far outpacing economic growth. (Financial Times)
- END THE FED. The Federal Reserve is lashing out at Sen. Rand Paul’s plan to give Congress more oversight over the central bank, a proposal that could gain traction in the new Republican-led Congress. (The Hill)
- OIL PRICES SURGE. Oil was up about 6 percent on Thursday as rising violence in producing country Libya and an expected boost in oil demand from a central bank easing in China helped crude rebound from one of its sharpest daily routs ever in the previous session. (Reuters)
- U.S. STOCKS KEEP CLIMBING. U.S. stocks traded higher on Thursday, encouraged by oil gains and shaking off concerns about Greece and U.S. data ahead of Friday’s all-important jobs report. (CNBC)