Market WrapUp for Wednesday, December 31
Precious Metals Update
by Chris Puplava
Today’s article updates the 10/29/08 WrapUp, “What Goes Down Must Go Up.” The essence of the October commentary was to point out the statistical extreme that gold stocks were displaying on an absolute and relative basis. Gold stocks bottomed two days prior to the WrapUp after putting in the most oversold reading in more than two decades. The Philadelphia Gold & Silver Index (XAU) was 61.3% below its 200 day moving average, nearly twice the extreme seen in prior sell offs that saw the XAU fall 30% to 35% below its 200 day moving average. The XAU has staged a dramatic rally since October, rising nearly 95% in a span of two months. If the XAU continues its bullish trend the next likely target for the XAU is 135 using a 50% Fibonacci retracement level, with the 200d MA closing in on that level as well, though a correction back to the 50d MA is also possible after a nearly 100% move in two months before it heads to a new high. Full article
FSN Broadcast for Saturday, January 3 Posted on Saturday, but available all week long. 
Part 4 - Financial CorruptionFrank Partnoy, May 10, 2003 Patrick Byrne, March 31, 2007 Wes Christian, June 7, 2008 Bud Burrell, July 12, 2008 Bud Burrell, October 11, 2008
| Part 5 - Coming CrisisLaurence Kotlikoff, August 14, 2004 Warren Brussee, March 18, 2006 Eric Janszen, November 25, 2006 Michael Panzner, March 3, 2007 Peter Schiff, March 10, 2007
| Part 6 - Precious MetalsFerdinand Lips, March 8, 2003 Jeffrey Christian, June 9, 2007 Shayne McGuire, May 10, 2008 Gold Roundtable, March 1, 2008 |
Financial Sense Editorials
12/31 An Unhappy New Year by Antal Fekete
12/30 Agri-Food Thoughts by Ned Schmidt
12/30 Spanish Coastal Property by Casey Research
12/29 Recession: A reason to rejoice by Clif Droke
12/29 Th*nk*ng (Realities) by Fred Cederholm
12/27 Smashing the Defense Budget by J. R. Nyquist
12/26 Gold in 2008 and the Exciting 2009 by Julian Phillips
12/26 Gold Returns as Money by Hristo Assenov & Krassimir Petrov, PhD
12/24 Q4 Consumer Spending Could Be Better Than Q4 by Asha Bangalore, Northern Trust
12/24 What Happened to the American Dream by James Quinn
12/23 Home Sales and Prices Continue to Decline by Asha Bangalore, Northern Trust
12/23 The eBay Index: The one place that shows you how much gold is by Casey Research
12/23 The Shortest Day of the Year by Guild Investments
12/22 Forward Thinking on Backwardation by Antal Fekete
12/22 This Week: Sugar High by Peter Navarro, Ph.D.
12/22 Th*nk*ng (Expectations) by Fred Cederholm
Archive for Editorials
Financial Sense University Editorials
01/02 Highest Gold Value Ever by The Optimist
01/02 False Diagnosis of Deflation by Jim Willie
12/31 Avoiding the Fatal Barriers to Profit in 2009 by Deepcaster
12/31 Anti-Gold: Usura Socialism by Christopher Quigley
12/30 UK CPI Inflation, RPI Deflation Forecast 2009 by Nadeem Walayat
12/30 Just Bail Out Everybody by Ashok Talukdar
12/30 Island Economics: Game Show Edition by Eric Andrews
12/30 Silberinfo Interview with GATA by Silberinfo
12/29 Opportunity in Municipal Bonds by John Derrick
12/29 What me Worry about the Deficit by Hans Wagner
12/29 Here is an article for your favorite mining CEO by Peter Degraaf
12/29 Gold & Silver: Market Wrap Week Ending December 26 by Doug Gnazzo
12/29 Falling Dollar Equals Rising Precious Metals by Chris Vermeulen
12/26 Investments for 2009 by Sy Harding
12/26 Year Stained by Insolvency by Jim Willie, CB
12/24 Real Profits Require These Real Numbers by DeepCaster
12/24 Top Stories of 2008 by Andy Sutton
12/23 Precious Metals Acquisition: Future Contracts vs. Spot Trading by Paul Skarp
12/23 The Dow, Dollar, Gold and Oil by Sol Palha
12/23 Why You Must Start Trading Options Now by Chris Rowe
12/23 Bushido! Battles of the Yen-Charting in Asia by John Needham
12/23 A Simple Explanation for Oil Prices by Jeffrey Brown
12/23 Dangerous Developments by Brian Bloom
12/22 Whether Or Not We Like It by Rob Kirby
12/22 They Just Don’t Get It by Captain Hook
12/22 IEA Study: Global Energy Supplies Remain a Concern by Joseph Dancy
12/22 Long Term Picture for Gold & PM Stocks by Boris Sobolev
12/22 Gold & Silver: Market Wrap Week Ending December 22 by Doug Gnazzo
12/22 Gold & Broad Market Bear Attack, Be Aware by Chris Vermeulen
12/22 The American Dream by David Vaughn
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