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7 Sep 2022 3 minute read 0 comments SweptOverNiagara
Just got word the BoC has just increased its key lending rate (for the fourth time this year) by another 3/4 percent with the overnight rate now set at 3.25%. The Governing Council still expects more rate hikes 'given the outlook for inflation'. This...
5 Sep 2022 1 minute read 0 comments Emad
this is what I published on September 3rd (2 days ago): Now this position has been triggered and I'm gonna explain why I believe this way: 1. a decent daily timeframe regular bullish divergence;2. a wide bullish divergence on 4h TF as well;3. a fall...
1 Sep 2022 1 minute read 0 comments SweptOverNiagara
The U.S. dollar strengthened to a high this morning or 109.547 which is a near 20 year high while WTI (West Texas Intermediate) and Brent Crude oil are both down for the day by 2.86% and 2.57% respectively. The strength of the dollar and weakness of...
31 Aug 2022 3 minute read 0 comments SweptOverNiagara
Just two days ago, I published a post titled 'Heads of Tails: Another Rate Hike in September?' where I suggested that after everything businesses have been put through in the last two and a half years, rising interest rates along with rising energy b...
16 Aug 2022 2 minute read 0 comments evgenima
- Daily Bible Reading: Thursday, August 11, 2022 Joshua 7:1, 10-26 (NRSV) 1But the Israelites broke faith in regard to the devoted things: Achan son of Carmi son of Zabdi son of Zerah, of the tribe of Judah, took some of the devoted things; and...
16 Aug 2022 4 minute read 0 comments SweptOverNiagara
i'm sure you've read somewhere in the past about 'peak oil' and 'peak gold', referencing the likelihood that we've taken all the more easily accessible resources out of the ground and it's gotten harder and harder to find new deposits that are easy t...
11 Aug 2022 1 minute read 1 comment Bfab
Tradingview's XAUETH chart reveals an interesting evolution of Gold (XAU) vs. Ethereum (ETH): From ETH standpoint, ETH price has again crossed Gold price, which may be a good sign. From Gold standpoint, it looks like a head and shoulders pattern, wh...
10 Aug 2022 1 minute read 1 comment SweptOverNiagara
I just wanted to share some quick news that the CPI print has just been released. Gold shot to $1,805 this morning after U.S. consumer price inflation numbers came in lower than expected. After 16 months of steady price inflation, this morning's CPI...
2 Jul 2022 4 minute read 1 comment Keith Thuerk
When USA catches a cold, the World catches the flu Status from USA Research shows that 61% of U.S. consumers were living paycheck to paycheck in April 2022, marking a 9 percentage point increase from 52% in April 2021, meaning that approximately thr...
28 Jun 2022 1 minute read 3 comments toofasteddie
As we have known a few days ago, UGANDA seems to have discovered 31 million tons of material containing gold.It is estimated that the amount of gold that could be extracted from this material is around 320,000 tons...Can you imagine what this means?I...
