71 Articles 5 Followers
6 Dec 2023 2 minute read 3 comments SweptOverNiagara
Thanks for dropping by. Please subscribe and join the club! Good news for those who spend a lot of time driving, WTI Crude is down 3.87% for the day, at time of writing, while Brent is down 3.47%. WTI has dropped below the pivotal $70 mark to $69.52...
4 Dec 2023 1 minute read 1 comment SweptOverNiagara
Thanks for dropping by. Please subscribe and join the club! Gold just hit a new all-time high in Asia's overnight trading. Yes, that's almost $2,140. Friday's close at $2,071 was a record breaker while the day before, on November 30th, gold had its...
28 Nov 2023 4 minute read 4 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! Time for a quick update regarding gold and silver. I've been biting my nails since last week when gold clipped the $2,000 mark a couple of times only to be smacked down again by hedgers and...
9 Nov 2023 2 minute read 0 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! At time of writing, Bitcoin went from a low of $35,278 twenty-four hours ago to climb to $37,883 by 10 a.m. this morning, before retreating some $1,500 to $36,393 which is still an $1,100...
27 Oct 2023 2 minute read 0 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! Gold jumped more than $20 per ounce this afternoon after news related to Israel / Gaza filtered through. The yellow metal has been steadily climbing since the Hamas incursion into Israel. U...
22 Oct 2023 2 minute read 6 comments SweptOverNiagara
Thanks for dropping by. Please subscribe if you haven't yet! Bitcoin once again clipped $30,000 yesterday afternoon. Bitcoin started the year at a low of $16,540 and at time of writing, sits at $29,848, That's quite an impressive gain and if it goes...
19 Sep 2023 4 minute read 9 comments SweptOverNiagara
About a year ago, I wrote in a post that Americans would start taking notice in earnest regarding the ever ballooning national debt, once the interest payments alone surpassed $1 Trillion. I forecast we would see this number by the end of 2023 as the...
16 Sep 2023 2 minute read 0 comments Faybomb
Everything was up Thursday. In my non-traditional finance bro experience, that’s fairly unusual. In the past, we’ve generally seen some of those assets have an inverse correlation. For example, here’s the dollar index overlayed with gold futures goin...
14 Sep 2023 3 minute read 3 comments SweptOverNiagara
Those of you that follow me know that I like to keep track of central bank interest rates. I can tell you that I see no slowing down in their posture. The last year and a half has been chock full of record pace increases by central banks around the w...
12 Sep 2023 3 minute read 0 comments SweptOverNiagara
I had first heard about this a week ago through an article at KingWorldNews that briefly mentioned OPEC is cutting back on production. This site has some great interviews and commentaries from some very well known people in the business and always se...
