Gold Loses 200 Day Moving Average

 For the first time since early 2009, Gold is trading below the 200 day moving average.

 A shakedown?

 Probably.

 Guess who owns 99% of all the gold?

 If you said, "The one percent," you have pretty much figured out everything you will ever need to know about gold.

 PS: The one percent really don't care if gold trades at $3,000 an ounce or $1,000.

 

Always perform your own due diligence. These are only my opinions.

The Dow

Always perform your own due diligence. These are only my opinions.

The Dow managed to recapture the 50 DMA today; however, it failed to hold the January 3rd opening, which would have put the Indoos back into positive territory - albeit marginal - for the year.

Always perform your own due diligence. These are only my opinions.

Always perform your own due diligence. These are only my opinions.

Always perform your own due diligence. These are only my opinions.

Turn off the Noise

 There seems to be plenty to worry about, doesn't there?

 Gold has postponed its meteoric rise, silver is close to breaking down, the stocks within these two commodities are getting hammered, and then there's the stock market in general.

 After an October like the one we had, could we really expect that there wouldn't be a pullback?

 That is unrealistic thinking.

 Pullbacks are often severe, and the spin doctors will do whatever they can to separate you from what is rightfully yours.

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Always perform your own due diligence. These are only my opinions.

Always perform your own due diligence. These are only my opinions.