Stocks & Equities

July and the “Traditional Summer Rally”?

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Champion (1938-39) gives the saying, “Sell in May and then go away,” as a proverb from the British Isles, commonly heard at the “Stock Exchange.” From what we can discern, it has become popularized in the financial press due to the efforts of Yale Hirsch over at Stock Traders Almanac. In fact, our own research tends to confirm its accuracy.
          Based on the Dow-Jones Industrial Average, the month of June has seen declines in 35 of the 52 years (67%) since 1961. Furthermore, August, June and September consecutively rank as the worst performing months of the DJI since 1950. We find it fascinating…..

…..read more HERE

Silver… Light at the End of the Tunnel?

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Silver’s year-to-date performance has been the worst among all commodities, falling 35% from January to June 30th this year. It’s been a rough ride for those who have held on, but recent news should give silver investors a reason for some renewed optimism.

The news relates to recent filings that have revealed a dramatic change in the positioning in the silver futures market and ownership of the iShares Silver Trust (SLV).

 

……read more HERE

Today one of the savviest and well connected hedge fund managers in the world shocked King World News by taking us once again on a trip down the rabbit hole that was nothing short of breathtaking.  Outspoken Hong Kong hedge fund manager William Kaye spoke with KWN about the missing Fed and German gold, where it has gone, and how much gold the People’s Bank Of China (PBOC) really owns.  This interview is going to stun readers around the world.  Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, had this to say in part I of his remarkable interview.

Kaye:  “Global hegemony (leadership or dominance) is changing in a way that most people don’t fully comprehend.  This area of the world, the Asia-Pacific, China in particular, is positioning itself to be the leading global power as we look out over the next five to ten years.

My sources tell me that contrary to the public numbers that are available, China has anywhere between 4,000 to possibly 8,000 tons of (physical) gold…. 

……continue reading the William Kaye interview HERE

Grandich: Things

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Peter Grandich Interview: “The reward now is greatly more to the upside than the downside for gold”

Q:    What is your outlook for the equity markets in the next 12 months?

A:    I think the most recent move by the FED is quite telling and could come back to bite them in a big way.

…..read the whole interview HERE

WTI Oil Surges to 15-Month High….

Crude continues to surge on a follow through after breaking through a weekly resistance level last friday.

“Everything is going for the market right now,” said John Kilduff, a partner at Again Capital LLC, a New York hedge fund that focuses on energy. “Refineries are operating at higher rates, which is increasing demand for crude. At the same time, gasoline demand is up above 9 million barrels a day for the first time in a long while.”

Screen shot 2013-07-10 at 2.48.24 PMThe U.S. benchmark oil extended its rally after breaching a technical resistance level on the weekly chart, according to data compiled by Bloomberg. Futures settled above $103.39 a barrel, the 61.8 percent Fibonacci retracement of the decline to $32.40 in December 2008 from an intraday record high of $147.27 in July that year. Investors typically buy contracts when prices exceed technical resistance.

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……..get the whole crude picture HERE