This was a rough week for most asset classes. The only exceptions were crude oil, up 5.7% to recover most of last week’s losses, the HUI gold stock index, which added 5.6% to the prior week’s rally, and the Japanese Yen, which gained 1.4%. The biggest drops were in commodities, with coffee (off 7.3%), palladium […]
Filed under Bonds, Commodities, Cotton, Dow Jones Industrials, Platinum, S&P 500, Stocks, US Dollar by
This was a good week for currencies, bonds, and most stocks, but mixed for commodities. The best performing asset was Bitcoin, which rose 4.3% – more than making up for last weeks decline. The next best was cotton, which gained 4.0%. The weakest asset classes were gold stocks, off 2.7%, and coffee, which dropped 2.2%. […]
A great week for all asset classes except Bitcoin, which fell 1.6%. The best performing asset was coffee, which rose 7.8%, followed by gold stocks, which gained 4.4% (more on this below). Aside from Bitcoin, the weakest asset classes were platinum, up 0.8%, and cotton and the USD, each of which gained 1.0%. The strongest […]
Filed under Bitcoin, Coffee, Commodities, Cotton, Dow Jones Industrials, S&P 500, Stocks, US Dollar by
This was a bad week for currencies and bonds, but a mixed week for stocks and commodities. The best performing asset class was palladium, which rose 7.3%, followed by crude oil, which gained 5.2%. The weakest asset was Bitcoin, down 6.6%, followed by long term bonds (TLT), off 5.3%. The weakest government-issued currencies were the […]
Filed under Bitcoin, Commodities, Dow Jones Industrials, Euro, Platinum, Silver, Stocks by
A good week for stocks; a mixed week for commodities and currencies. The best performing asset class, by far, was crude oil, which rose 11.0% – but with crude’s weak performance during the first 6 weeks of the year, it is still sitting near its all-time lows. The weakest asset was cotton, down 3.8%, followed […]
Reader Tony Lewis recently wrote to me with some excellent questions: So when looking at your charts, in your opinion, would it be sound to buy when something is historically low in terms of gold grams? And what about gold itself? Is there a chart that determines when to buy gold? Let’s start with the […]
Filed under Bitcoin, Bonds, Coffee, Commodities, EUR, gold prices, Platinum, price of gold, S&P 500, Stocks, US Dollar by
The huge winner last week was the Swiss Franc. The Swiss central bank did a sudden about-face last Thursday, dropping its peg to the Euro, and the CHF rose 13.4% for the week while all other major currencies fell 3%-6%.The only other asset category in the black was the HUI gold stock index, which is […]
Filed under Bitcoin, Bonds, Dow Jones Industrials, EUR, Euro, money gold, Platinum, Real Estate, S&P 500, Silver, Stocks, US Dollar by
This week, government currencies and bonds were higher, while stocks and commodities were mixed. Long term treasuries, represented by TLT, had some of the largest gains both for the last week and the last month, but it may be time to sell – more on that later in this update. Bitcoin and the HUI gold […]
This week, most asset categories were higher with coffee and crude oil making the biggest gains; the exceptions were copper and silver. Over the last month, currencies, bonds, and stocks (other than mining shares) were lower, while commodities were mixed. Government currencies are generally lower today than they were a year ago, especially the JPY […]
This week had every single asset category showing a loss. The smallest drop was in the Canadian Dollar, while the largest drops were in coffee, down 9.0%, and gold stocks, off 3.9%. Meanwhile, the mainstream media has been full of articles trumpeting new all-time highs for the Dow Jones Industrials and the S&P 500 stocks. […]
Filed under Bonds, Coffee, Commodities, Dow Jones Industrials, new highs, S&P 500, Silver, Stocks by